An “expansionist” tariff policy from the US Commerce Department is alarming global trade partners, who fear a “rolling and growing” list of taxed goods. American firms have successfully lobbied for …
Business
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Apple is making a “reluctant” $1 billion-a-year bet on Google’s Gemini AI to secure Siri’s future. This “interim solution” will see Google’s 1.2 trillion parameter model become the “behind-the-scenes” engine …
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The vote on Elon Musk’s $1 trillion pay package hinges on a single question: is the deal itself a “key person risk,” or is it a necessary retainer to prevent …
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The Western sanctions strategy is biting hard in China. The UK/EU blacklisting of Yulong Petrochemical has terrified the country’s private “teapot” refiners, causing them to shun Russian crude. This fear …
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Amazon has delivered exceptional third-quarter financial results, with its cloud computing division generating $33 billion in revenue representing a 20% year-over-year increase that marks the fastest growth rate the business …
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A major disagreement has erupted between Wall Street and global financial watchdogs over Nvidia’s historic $5.05 trillion valuation. While investors are celebrating a “boom,” institutions like the IMF and Bank …
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President Donald Trump and President Xi Jinping are set to meet this Thursday, as the US continues to press its threat of 100% tariffs on Chinese goods. The “big meeting” …
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Tesla’s earnings call concluded with a fiery, off-the-cuff speech from CEO Elon Musk, who interrupted his own CFO to lobby for his $1 trillion pay package. This appeal comes just …
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A 38-year-old quote from Ronald Reagan , “trade barriers hurt every American worker,” is at the center of a new international trade crisis. President Donald Trump has “terminated” all talks …
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Successfully navigating trade complexity is enabling General Motors to present an upgraded financial outlook. The company now anticipates adjusted core profits between $12 billion and $13 billion, reflecting sophisticated management …