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Investing

Huawei’s AI chips rely on foreign parts despite China’s push for self-sufficiency

Huawei Technologies Co.’s Ascend 910C processors, considered China’s most competitive alternative to Nvidia’s AI hardware, contain advanced components from major Asian chipmakers,…
Investing

Dow futures soar over 100 points today: 5 things to know before Wall Street opens

US stock futures climbed on Friday as the market sentiment gets comfortable with the US government shutdown. Dow futures were more than…
Investing

FTSE 100 hits record high as financial stocks lead gains

London equities advanced on Friday, with the FTSE 100 reaching fresh record highs amid a broad rally across European markets, even as…
Investing

Hackers exploit Oracle systems, executives hit with ransom demands

A high-volume cyberattack has put global corporations on alert as hackers linked to the Cl0p ransomware gang target executives through extortion campaigns….
Investing

India’s diesel exports to Europe surge on refinery maintenance, strong profits

In September, India’s diesel exports to Europe likely reached an unprecedented peak.  The surge in exports was driven by traders capitalising on…
Investing

European Union plans 50% steel tariffs amid global overcapacity concerns

The European Union is planning to significantly raise tariffs on steel imports, proposing to hike the rate to 50%, a Bloomberg report…
Investing

Dow futures trade lower on Thursday: 5 things to know before Wall Street opens

US stock futures traded in the mixed territory on Thursday, with Dow futures slipping in red, while futures tied to Nasdaq and…
Investing

Buffett’s Berkshire Hathaway strikes $9.7 billion deal for Occidental’s OxyChem unit

Warren Buffett’s Berkshire Hathaway said Thursday it will acquire Occidental Petroleum’s chemical business, OxyChem, for $9.7 billion in cash, marking its largest…
Investing

Rystad Energy sees Southeast Asia’s onshore wind power expanding fourfold by 2030

Southeast Asia’s onshore wind power sector, long hampered by regulatory obstacles and reliance on fossil fuels, is on the cusp of a…
Investing

Trump admin acquires stakes in Lithium Americas and Thacker Pass project

On Wednesday, Lithium Americas, a Vancouver-based company, announced that the US Department of Energy (DOE) has acquired a 5% stake in the…
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