WeRide Sets HK IPO to Raise $308 Million
The Chinese self-driving technology developer seeks capital to expand its robotaxi service in China and overseas on the heels of a successful IPO by rival ...
Business
Tesla Sales Plunged Again in Europe
Every European market except France saw Tesla's aging models lose half or more of its market share to explosive competition from Chinese EVs and EV ...
Global Manufacturing Declines on Full Force of Tariffs
From Asia to Europe manufacturing nations began to see the full impact of tariffs in October orders.
OpenAI-Amazon Deal Latest in Long List of 2025 AI Deals
The $38 billion deal to allow ChatGPT access to Amazon's hundreds of thousands of Nvidia processors comes on the heals of over a trillion dollars ...
Verizon-AWS Fiber-Optics Routes to Speed AI Connections
Surging demand for high-bandwidth data transmission from the AI boom will be able to access faster links to AI data centers.
US Manufacturing Slump in Eighth Month from Tariff Disruptions
Trump tariffs have created a persisting supply-chain nightmare for US manufacturers, especially of computer and electronics products.
Tariffs Most Likely to Be Struck Down
Trump's misuse of the IEEPA to impose a long list of tariffs is likely to be declared invalid a week or two after Wednesday's Supreme ...
Beta Technologies IPO Raises $1 Billion, Beat Price Range
The electric airplane maker achieved a $7.44 billion valuation with an IPO that sold shares above the planned range.
S. Korea GDP Grows on Exports, Consumer Stimulus
A brief slump triggered by a rogue martial law declaration and Trump tariffs are receding on surging exports of chips and ships, combined with government ...
Blackwell Chips Won't Be Exported
In an apparent reversal of last week's allusion to Nvidia's current-generation AI GPUs being made available to China, in an interview over the weekend Trump ...
Russia to Continue Exports of Non-GMO Soybeans to China
The US-China trade deal won't impact Russia's status as the world's sole major exporter of non-GMO soybeans.
S. Korea Exports Surprise with Surge in Chips, Ships
A 131.2% surge in ship exports combined with a 25.4% jump in chip demand helped S. Korea exports soar above an uncertain tariff terrain.
Auto Chip Squeeze Worsens As Nexperia Cuts Wafers to China
The global auto industry faces a potential crisis as the Dutch government blocks Nexperia from continuing to supply wafers to its China assembly plant.
Hyundai Seeks Role in Indonesia's National Car Quest
The world's number 3 carmaker sees an opportunity to expand its footprint in one of the world's largest consumer markets.
Nexperia to Resume Chip Shipments from China
Auto companies had been facing production-line disruption due to maneuvering by the Dutch and Chinese governments that blocked shipments of Nexperia chips from its China ...
Anduril's Air Force "Wingman Drone" Flown for First Time
The defense contractor conducted a successful semi-autonomous test flight of a jet-powered drone designed be be a loyal wingman to crewed fighters.
Colgate Loses Sales to Generics on Small Price Increase
The toothpaste and soap giant loses some sales to generics on modest price increases to offset tariff costs.
AI Buildout Barrels Ahead Despite Bubble Talk
Nvidia's $5 trillion valuation and OpenAI's planned IPO for $1 trillion valuation spurs continued faith in the AI industry's growth potential.
Pony.ai Wins Permit for First Citywide Driverless Delivery
The city of Shenzhen will soon experience the world's first driverless delivery service.
China Factory Activity Shrank for 7th Month
The Purchasing Manager Index (PMI) fell to a 6-month low of 49.0 in October from 49.8 in September.
Weekly Jobless Claims Fell Last Week
Estimates based on data collected from most states suggest unemployment claims fell to 219,000, a drop from the prior week's 232,000.
Transfer of US TikTok Approved by China Says Bessent
The deal to sell control of US operations of the popular short video app from Chinese owner Bytedance to a US consortium has been long ...
Nvidia's Blackwell Chip Not Discussed at Busan Summit
Trump decided not to broach the potentially thorny subject of allowing exports of a version of Nvidia's current-generation GPU for AI data centers.
Esteé Lauder Results Confirm China Luxury Revival
Strong sales growth in China and Asia suggests the slump is over for luxury brands like Lauder, Hermes and LVMH.
China Takes 3 Soybean Cargoes Ahead of Talks
China's resumption in buying US soybeans is expected to be limited due to large purchases from South America which are preferred for their higher protein ...
Nvidia's Blackwell Chips Teased for Trump Talks with Xi
Trump teased the possibility of allowing sales of Nvidia's state-of-the-art Blackwell AI chips to China as a topic of Thursday talks with Xi.
China to Phase Out EV Industry Subsidies
The massive subsidies of the past decade that helped build the world's most competitive EV industry will be shifted to boost other industries.
China Block on Nexperia Chip Shipments Hobble Global Carmakers
After Netherlands seized control of Nexperia's Dutch operations, its Chinese parent Wingtech has prevented chip shipments disrupting production for Honda, Mercedes and other carmakers.
Hyundai Cheers Trade Deal
The deal finalized Wednesday would lower tariffs on S. Korean exports to 15% from the current 25% in exchange for $350 billion in US investments.
Nvidia Goes from $4 Trillion to $5 Trillion in 78 Days
The unparalleled rise in the valuation of the world's most valuable company owes to a combination of Jensen Huang's strategy to keep Nvidia central to ...
EV Lull Prompts More Hybrids, Cheaper Models
The end of US $7,500 tax credits for EVs has prompted carmakers to offer more full hybrids and cheaper EV models.
SK Group Head Sees Chip Bottleneck from AI Boom
Chips and other key supplies can't keep pace with demand from the boom in AI data center construction around the world, according to a key ...
US Tightens Restrictions on Chinese Telecom Gear
The FCC tightened barriers to the deployment of telecommunications equipment from Huawei, ZTE, China Mobile and China Telecom as Trump prepares to meet with Xi ...
Trump Media's Truth Social Enters Prediction Market
The Trump family seeks to capitalize on a fast-growing multi-million dollar industry in which the outcome of many predictions are likely to turn on Trump's ...
Lucid to Launch Self-Driving EV with Nvidia AI System
The upscale EV-maker will use cameras, radar and lidar paired with an AI system from Nvidia to release a level-4 self-driving in 2026.
Nvidia to Build 7 Supercomputers for Nuclear Arsenal
Jensen Huang announced a deal to build AI supercomputers to be used to develop US nuclear weapons arsenal, and noted Nvidia has $500 billion in ...
Nikesh Arora's Palo Alto Launches AI-Powered Cybersecurity Platform
Palo Alto's updates of cloud security platform Cortex Cloud and AI application security platform Prisma AIRS is designed to detect vulnerabilities in AI systems resulting ...
AMD to Build 2 Supercomputers for DOE Fusion Power Quest
The Department of Energy has selected AMD for a $1 billion project to develop Lux and Discovery supercomputers to harness AI to develop nuclear fusion ...
Google Data Center Demand to Restart Iowa Nuclear Plant
NextEra Energy and Google signed a deal that would ensure sufficient demand to restart am Iowa nuclear power plant shut down five years ago.
Meta Shifts Vishal Shah to Head Up AI Products
As part of Meta's massive personnel restructuring effort, Shah has been shifted from his 4-year stint as head of Metaverse, the company's virtual reality division.
Qualcomm Invades Nvidia's AI Chip Territory
The chipmaker long focused on smartphones and PCs hopes to erode the dominance of Nvidia's GPUs by entering inference niches where cost and energy use ...
US Rare Earths Slump on Hope of China Trade Deal
Nascent US rare-earth mining and refining companies suffer a big drop in share prices as the world's awaits the outcome of upcoming Seoul talks between ...
First Yen-Pegged Stablecoin Launched
A yen-pegged stablecoin issued by startup JPYC may help loosen the firm grip that cash and credit cards have over Japanese consumer transactions.
India 2025 GDP Growth Revised Up to 6.7%
Despite the current 50% US tariff, an expected central bank interest rate cut is projected to help the Indian economy pick up speed.
China Pledges Significant Rise in Consumption
The next five year plan for China's central government envisions investing to improve personal incomes and boosting household consumption as a percentage of GDP.
Quadrupling of Argentina Beef Imports Angers US Ranchers
Trump's efforts to lower beef prices and prop up the Argentinian government feels like a betrayal to US ranchers who mostly supported his election.
P&G Beats on Strong Demand for Beauty, Haircare
The world's top maker of home and personal care products beat Wall Street estimates on both revenues and profits despite higher prices and weakening consumer ...
P&G Finds Winning Strategy Amid Consumer Divergence
P&G beats estimates by navigating a bifurcated economy in which the rich want big-package deals while the poor want smaller packages.
Cooling Consumer Inflation Paves Way for Rate Cut
The CPI increased 0.3% in September after a 0.4% rise in August according to Friday's US Labor Department report issued despite the shutdown to help ...
Consumer Divide Widens Due to Tariffs
The gulf between affluent and low-income consumers continues widening under distortions caused by tariffs and migrant deportations.
WeRide Sets HK IPO to Raise $308 Million
The Chinese self-driving technology developer seeks capital to expand its robotaxi service in China and overseas on the heels of a successful IPO by rival ...
Tesla Sales Plunged Again in Europe
Every European market except France saw Tesla's aging models lose half or more of its market share to explosive competition from Chinese EVs and EV ...
Global Manufacturing Declines on Full Force of Tariffs
From Asia to Europe manufacturing nations began to see the full impact of tariffs in October orders.
OpenAI-Amazon Deal Latest in Long List of 2025 AI Deals
The $38 billion deal to allow ChatGPT access to Amazon's hundreds of thousands of Nvidia processors comes on the heals of over a trillion dollars ...
Verizon-AWS Fiber-Optics Routes to Speed AI Connections
Surging demand for high-bandwidth data transmission from the AI boom will be able to access faster links to AI data centers.
US Manufacturing Slump in Eighth Month from Tariff Disruptions
Trump tariffs have created a persisting supply-chain nightmare for US manufacturers, especially of computer and electronics products.
Tariffs Most Likely to Be Struck Down
Trump's misuse of the IEEPA to impose a long list of tariffs is likely to be declared invalid a week or two after Wednesday's Supreme ...
Beta Technologies IPO Raises $1 Billion, Beat Price Range
The electric airplane maker achieved a $7.44 billion valuation with an IPO that sold shares above the planned range.
S. Korea GDP Grows on Exports, Consumer Stimulus
A brief slump triggered by a rogue martial law declaration and Trump tariffs are receding on surging exports of chips and ships, combined with government ...
Blackwell Chips Won't Be Exported
In an apparent reversal of last week's allusion to Nvidia's current-generation AI GPUs being made available to China, in an interview over the weekend Trump ...
Russia to Continue Exports of Non-GMO Soybeans to China
The US-China trade deal won't impact Russia's status as the world's sole major exporter of non-GMO soybeans.
S. Korea Exports Surprise with Surge in Chips, Ships
A 131.2% surge in ship exports combined with a 25.4% jump in chip demand helped S. Korea exports soar above an uncertain tariff terrain.
Auto Chip Squeeze Worsens As Nexperia Cuts Wafers to China
The global auto industry faces a potential crisis as the Dutch government blocks Nexperia from continuing to supply wafers to its China assembly plant.
Hyundai Seeks Role in Indonesia's National Car Quest
The world's number 3 carmaker sees an opportunity to expand its footprint in one of the world's largest consumer markets.
Nexperia to Resume Chip Shipments from China
Auto companies had been facing production-line disruption due to maneuvering by the Dutch and Chinese governments that blocked shipments of Nexperia chips from its China ...
Anduril's Air Force "Wingman Drone" Flown for First Time
The defense contractor conducted a successful semi-autonomous test flight of a jet-powered drone designed be be a loyal wingman to crewed fighters.
Colgate Loses Sales to Generics on Small Price Increase
The toothpaste and soap giant loses some sales to generics on modest price increases to offset tariff costs.
AI Buildout Barrels Ahead Despite Bubble Talk
Nvidia's $5 trillion valuation and OpenAI's planned IPO for $1 trillion valuation spurs continued faith in the AI industry's growth potential.
Pony.ai Wins Permit for First Citywide Driverless Delivery
The city of Shenzhen will soon experience the world's first driverless delivery service.
China Factory Activity Shrank for 7th Month
The Purchasing Manager Index (PMI) fell to a 6-month low of 49.0 in October from 49.8 in September.
Weekly Jobless Claims Fell Last Week
Estimates based on data collected from most states suggest unemployment claims fell to 219,000, a drop from the prior week's 232,000.
Transfer of US TikTok Approved by China Says Bessent
The deal to sell control of US operations of the popular short video app from Chinese owner Bytedance to a US consortium has been long ...
Nvidia's Blackwell Chip Not Discussed at Busan Summit
Trump decided not to broach the potentially thorny subject of allowing exports of a version of Nvidia's current-generation GPU for AI data centers.
Esteé Lauder Results Confirm China Luxury Revival
Strong sales growth in China and Asia suggests the slump is over for luxury brands like Lauder, Hermes and LVMH.
China Takes 3 Soybean Cargoes Ahead of Talks
China's resumption in buying US soybeans is expected to be limited due to large purchases from South America which are preferred for their higher protein ...
Nvidia's Blackwell Chips Teased for Trump Talks with Xi
Trump teased the possibility of allowing sales of Nvidia's state-of-the-art Blackwell AI chips to China as a topic of Thursday talks with Xi.
China to Phase Out EV Industry Subsidies
The massive subsidies of the past decade that helped build the world's most competitive EV industry will be shifted to boost other industries.
China Block on Nexperia Chip Shipments Hobble Global Carmakers
After Netherlands seized control of Nexperia's Dutch operations, its Chinese parent Wingtech has prevented chip shipments disrupting production for Honda, Mercedes and other carmakers.
Hyundai Cheers Trade Deal
The deal finalized Wednesday would lower tariffs on S. Korean exports to 15% from the current 25% in exchange for $350 billion in US investments.
Nvidia Goes from $4 Trillion to $5 Trillion in 78 Days
The unparalleled rise in the valuation of the world's most valuable company owes to a combination of Jensen Huang's strategy to keep Nvidia central to ...
EV Lull Prompts More Hybrids, Cheaper Models
The end of US $7,500 tax credits for EVs has prompted carmakers to offer more full hybrids and cheaper EV models.
SK Group Head Sees Chip Bottleneck from AI Boom
Chips and other key supplies can't keep pace with demand from the boom in AI data center construction around the world, according to a key ...
US Tightens Restrictions on Chinese Telecom Gear
The FCC tightened barriers to the deployment of telecommunications equipment from Huawei, ZTE, China Mobile and China Telecom as Trump prepares to meet with Xi ...
Trump Media's Truth Social Enters Prediction Market
The Trump family seeks to capitalize on a fast-growing multi-million dollar industry in which the outcome of many predictions are likely to turn on Trump's ...
Lucid to Launch Self-Driving EV with Nvidia AI System
The upscale EV-maker will use cameras, radar and lidar paired with an AI system from Nvidia to release a level-4 self-driving in 2026.
Nvidia to Build 7 Supercomputers for Nuclear Arsenal
Jensen Huang announced a deal to build AI supercomputers to be used to develop US nuclear weapons arsenal, and noted Nvidia has $500 billion in ...
Nikesh Arora's Palo Alto Launches AI-Powered Cybersecurity Platform
Palo Alto's updates of cloud security platform Cortex Cloud and AI application security platform Prisma AIRS is designed to detect vulnerabilities in AI systems resulting ...
AMD to Build 2 Supercomputers for DOE Fusion Power Quest
The Department of Energy has selected AMD for a $1 billion project to develop Lux and Discovery supercomputers to harness AI to develop nuclear fusion ...
Google Data Center Demand to Restart Iowa Nuclear Plant
NextEra Energy and Google signed a deal that would ensure sufficient demand to restart am Iowa nuclear power plant shut down five years ago.
Meta Shifts Vishal Shah to Head Up AI Products
As part of Meta's massive personnel restructuring effort, Shah has been shifted from his 4-year stint as head of Metaverse, the company's virtual reality division.
Qualcomm Invades Nvidia's AI Chip Territory
The chipmaker long focused on smartphones and PCs hopes to erode the dominance of Nvidia's GPUs by entering inference niches where cost and energy use ...
US Rare Earths Slump on Hope of China Trade Deal
Nascent US rare-earth mining and refining companies suffer a big drop in share prices as the world's awaits the outcome of upcoming Seoul talks between ...
First Yen-Pegged Stablecoin Launched
A yen-pegged stablecoin issued by startup JPYC may help loosen the firm grip that cash and credit cards have over Japanese consumer transactions.
India 2025 GDP Growth Revised Up to 6.7%
Despite the current 50% US tariff, an expected central bank interest rate cut is projected to help the Indian economy pick up speed.
China Pledges Significant Rise in Consumption
The next five year plan for China's central government envisions investing to improve personal incomes and boosting household consumption as a percentage of GDP.
Quadrupling of Argentina Beef Imports Angers US Ranchers
Trump's efforts to lower beef prices and prop up the Argentinian government feels like a betrayal to US ranchers who mostly supported his election.
P&G Beats on Strong Demand for Beauty, Haircare
The world's top maker of home and personal care products beat Wall Street estimates on both revenues and profits despite higher prices and weakening consumer ...
P&G Finds Winning Strategy Amid Consumer Divergence
P&G beats estimates by navigating a bifurcated economy in which the rich want big-package deals while the poor want smaller packages.
Cooling Consumer Inflation Paves Way for Rate Cut
The CPI increased 0.3% in September after a 0.4% rise in August according to Friday's US Labor Department report issued despite the shutdown to help ...
Consumer Divide Widens Due to Tariffs
The gulf between affluent and low-income consumers continues widening under distortions caused by tariffs and migrant deportations.
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