Tata Technologies to Hire More Locally in US
Trump's immigration restrictions and new $100,000 H-1B visa fees pressure Tata Technologies to hire more of its 12,000 global tech services workers from the US.
Business
Nexperia Resumes Supplying Chips to China Distributors
The China-based unit of automotive chipmaker Nexperia seeks to operate independently by requiring sales to be settled in yuan and limited to local distributors after ...
RTX Raises 2025 Forecast on Demand for Patriot Missiles
Despite a large hit from tariffs, the defense giant is seeing a big increase in demand for missile defense systems and aftermarket services.
Carmakers Scramble Ahead of China's Rare Earth Deadline
The threat of new Chinese export controls beginning November 8 puts carmakers at risk of having to shut down assembly lines unless they can secure ...
Northrop Boosts 2025 Profit Forecast
Despite a downward sales revision on supply-chain fallouts from Trump's trade war, the defense giant raised its profit forecast for the second straight quarter.
GM Shares Surge on 2025 Profits Revision
The leading US carmaker raised its profit guidance on continuing strong demand for cars and anticipated 3.75% tax credits for US-manufactured engines and cars to ...
Takaichi Plan to Cheapen Yen Boosts Dollar
Japan's new prime ministers has signaled a willingness to let inflation rise in a bid to stimulate an ailing economy, strengthening the dollar.
Low Yen, Asia Demand Drive First Japan Export Growth in 5 Months
US tariff impact was more than offset by a weak yen that helped exports to China and the rest of Asia jump in September.
Trade Pact to Lower India Tariffs to 15%
A pending trade pact will cut US tariffs on India to 15 - 16% from the current rate of 50% following a Trump talk Tuesday ...
Airbus Opens 2nd China Assembly Plant
The Anglo-French firm will open its 10th global final assembly plant in Tianjin near Beijing to assemble its best-selling A320neo family of passenger jets.
Asian Stocks Rise on Hope Trade Tensions Easing
The prospect of fruitful US-China trade talks sends Asia stocks up and Nikkei approaching new record.
Apple Nears $4 Trillion on Surging iPhone 17 Sales
Apple appears likely to join Nvidia and Microsoft in the $4-trillion club as its new iPhone outperforms predecessors in the US and China.
Fed Rate Cut Expected Despite Data Vaccuum
A rate cut is expected on spotty Fed data showing declining consumer spending and weak job growth.
Tariffs Peaked in May, Now Declining
Major global companies estimate $35 billion in tariffs for Q3, with declines expected moving forward as exceptions are being actively carved out by the US ...
Vietnam Budget Carrier Stops Flying China's COMAC C909
The decision appears to have been due not to operational issues but to the high cost of relying on foreign crews.
China's Rare-Earth Squeeze Felt Around the World
A 6.1% drop in September shipment of rare earth magnets has the world's top tech producing nations on edge.
Vietnam Targets 10% GDP Growth in 2026
20% US tariffs hasn't suppressed Vietnam's strong export momentum from efforts by US importers to seek Vietnamese alternatives to Chinese manufacturers.
China Bought No US Soybeans in September
For the first time in seven years China fulfilled its soybean requirements from South America, with zero shipments from the US due to high import ...
S. Korea Shows Off Unmanned AI Weaponry
The nation's largest-ever arms fair Friday features weapons promising AI precision with minimal human involvement.
Carmakers Warn of US Disruptions from Nexperia Chip Conflict
US and Netherlands interference with operations of the Chinese Dutch chipmaker could soon cause stoppages at US auto assembly lines, says industry group.
Meta's AI Glasses Drive Ray-Ban Sales Surge
EssilorLuxottica's Q3 revenues for North America jumped 12.1% on surging sales of Meta AR glasses, prompting plans to build production capacity for 10 million units ...
Homebuilder Mood at 6-Month High on Mortgage Rate Hopes
Hope that the weakening economy will trigger a Fed interest rate cut has raised October homebuilder sentiment 5 points to 37 amid an 18-month slump.
Singles Day Extended to Weeks by Chinese Retailers
To entice consumer spending major Chinese retailers like Alibaba and JD.com have extended pre-Singles Day sales to several weeks before the actual holiday.
Chinese Dutch Chipmaker Nexperia Caught in US-China Trade War
BMW and other carmakers are being affected by US-imposed restrictions on a Dutch subsidiary of Chinese chipmaker Wingtech.
Electric Aircraft Maker Beta Technologies Plans IPO
The Vermont-based maker of eVTOL and eCTOL aircraft and advanced electric propulsion systems hopes to raise up to $825 million for a 7.22 billion valuation.
Apple Unveils More Powerful Devices at Same Prices
Updates of MacBook Pro. iPad Pro and Vision Pro with more powerful, energy-efficient M5 chips is expected to draw more consumers seeking efficiency with AI ...
Nvidia Consortium Buys $40 Billion Data Center
The Artificial Intelligence Infrastructure Partnership led by Nvidia and Black Rock may deploy up to $100 billion in equity capital on AI data center investments.
India Exports to US Plunged in August
Up to 50% Trump tariffs on goods from India caused India's August exports to the US to plunge 20% and the trade deficit to hit ...
Superintelligence Startup Lila Science Scores $1.3 Billion Valuation
Nvidia's prominence in a new funding round lends investor credibility to Lila's quest to develop a new level of AI that surpasses human intelligence.
Surge Biswas's Nabla Bio Inks Deal with Takeda Pharmaceutical
The Japanese pharmaceutical giant will provide capital for the US biotech firm to develop protein-based therapeutics on its proprietary Joint Atomic Model AI platform.
Google Plans $15 Billion India AI Data Center
A 1-gigawatt data center campus will be built in Visakhapatnam in India's Andhra Pradesh province as Google seeks to become a leading global AI services ...
BYD's 3rd Europe Plant Likely to Be Spain
Spain is likely to join Hungary and Turkey as production bases to help meet 280% jump in European demand for BYD EVs in 2025.
Indian Textile Exporters Turn to Europe, Discounts Amid US Tariffs
Trump tariffs of up to 50% force Indian textile exporters to seek new buyers in Europe, India's biggest and fastest growing market.
OpenAI Pursues Custom Chips with Broadcom Deal
As Nvidia struggles to meet demand for AI GPUs OpenAI joins other tech giants in seeking to create chips tailored to its AI models.
Deals Making Up an Epic AI Boom Listed
Nvidia, OpenAI, Meta and Oracle are the bright stars anchoring constellations of multi-billion-dollar deals driving US tech growth.
TSMC Q3 Profits Soar on AI Boom
Asia's most valuable company is projected to announce a whopping 28% jump in profits as it struggles to keep up with the demand to fabricate ...
AI Boom Masks Consumer Weakness
A surge of new business investment is offsetting weakening consumer demand and trade but won't prevent slow job growth and rising unemployment.
China Exports, Imports Surged to Record in September
Exports jumped 8.3% as Chinese manufacturers found alternative markets to offset impact of US tariffs.
China Car Sales Soared in September
With surging EVs making up well over half of all auto sales, Chinese domestic auto sales enjoyed its biggest month of the year.
Rupee to Get Central Bank Help Amid Rising US-China Tensions
The recent trade tiff between the world's two biggest economies could send the Indian currency to a new all-time low unless the central bank steps ...
Space Startups Snag Record $3.5 Billion in Q3 Investments
Investors see opportunities to tap an expected boom in space-based hardware and services that startups seek to tap.
Major Chinese Humanoid Robot Firm Plans Hong Kong IPO
AgiBot seeks a valuation of over $5 billion with investments from LG Electronics and BYD for robots that can fold clothes, make coffee and clean ...
Online Retailers Forced to Remove Millions of Chinese Electronics
An FCC crackdown on items like security cameras and phones from Huawei and ZTE forces online retailers to remove listings for millions of items.
Qualcomm Faces China Antitrust Probe on Autotalks Acquisition
Buying the maker of Israeli chips that prevents car crashes could weaken Qualcomm's position in China's massive smartphone market.
Ferrari Teases 193 MPH EV Beast
The Electrica, Ferrari's first EV set for 2026 release, is teased with a look under the hood of a drivetrain with a 333-mile range.
Golden Week Spending Dip Alarms China Planners
Spending by Chinese during one of the year's two biggest holiday periods has fallen to a three-year low, confirming a fall in consumer confidence.
10 Airtaxies Leading the Commercialization Race
Quiet, clean and financially viable flying cars are already flying passengers in cities around the world.
Cheap Model Y Faces Intense Price Competition in Europe
The new affordable Tesla Model Y faces little competition in the US but dozens of competitors in Europe.
OpenAI, Anthropic Eye Investor Funds to Settle Copyright Suits
Massive publisher content used to train AI models has opened the possibility of tens of billions of dollars of liability for copyright infringement.
China Adds Controls on Rare Earths, Magnet Technology
The new restrictions may have been precipitated by current US efforts to further tighten export controls on chipmaking equipment sales to China.
Tata Technologies to Hire More Locally in US
Trump's immigration restrictions and new $100,000 H-1B visa fees pressure Tata Technologies to hire more of its 12,000 global tech services workers from the US.
Nexperia Resumes Supplying Chips to China Distributors
The China-based unit of automotive chipmaker Nexperia seeks to operate independently by requiring sales to be settled in yuan and limited to local distributors after ...
RTX Raises 2025 Forecast on Demand for Patriot Missiles
Despite a large hit from tariffs, the defense giant is seeing a big increase in demand for missile defense systems and aftermarket services.
Carmakers Scramble Ahead of China's Rare Earth Deadline
The threat of new Chinese export controls beginning November 8 puts carmakers at risk of having to shut down assembly lines unless they can secure ...
Northrop Boosts 2025 Profit Forecast
Despite a downward sales revision on supply-chain fallouts from Trump's trade war, the defense giant raised its profit forecast for the second straight quarter.
GM Shares Surge on 2025 Profits Revision
The leading US carmaker raised its profit guidance on continuing strong demand for cars and anticipated 3.75% tax credits for US-manufactured engines and cars to ...
Takaichi Plan to Cheapen Yen Boosts Dollar
Japan's new prime ministers has signaled a willingness to let inflation rise in a bid to stimulate an ailing economy, strengthening the dollar.
Low Yen, Asia Demand Drive First Japan Export Growth in 5 Months
US tariff impact was more than offset by a weak yen that helped exports to China and the rest of Asia jump in September.
Trade Pact to Lower India Tariffs to 15%
A pending trade pact will cut US tariffs on India to 15 - 16% from the current rate of 50% following a Trump talk Tuesday ...
Airbus Opens 2nd China Assembly Plant
The Anglo-French firm will open its 10th global final assembly plant in Tianjin near Beijing to assemble its best-selling A320neo family of passenger jets.
Asian Stocks Rise on Hope Trade Tensions Easing
The prospect of fruitful US-China trade talks sends Asia stocks up and Nikkei approaching new record.
Apple Nears $4 Trillion on Surging iPhone 17 Sales
Apple appears likely to join Nvidia and Microsoft in the $4-trillion club as its new iPhone outperforms predecessors in the US and China.
Fed Rate Cut Expected Despite Data Vaccuum
A rate cut is expected on spotty Fed data showing declining consumer spending and weak job growth.
Tariffs Peaked in May, Now Declining
Major global companies estimate $35 billion in tariffs for Q3, with declines expected moving forward as exceptions are being actively carved out by the US ...
Vietnam Budget Carrier Stops Flying China's COMAC C909
The decision appears to have been due not to operational issues but to the high cost of relying on foreign crews.
China's Rare-Earth Squeeze Felt Around the World
A 6.1% drop in September shipment of rare earth magnets has the world's top tech producing nations on edge.
Vietnam Targets 10% GDP Growth in 2026
20% US tariffs hasn't suppressed Vietnam's strong export momentum from efforts by US importers to seek Vietnamese alternatives to Chinese manufacturers.
China Bought No US Soybeans in September
For the first time in seven years China fulfilled its soybean requirements from South America, with zero shipments from the US due to high import ...
S. Korea Shows Off Unmanned AI Weaponry
The nation's largest-ever arms fair Friday features weapons promising AI precision with minimal human involvement.
Carmakers Warn of US Disruptions from Nexperia Chip Conflict
US and Netherlands interference with operations of the Chinese Dutch chipmaker could soon cause stoppages at US auto assembly lines, says industry group.
Meta's AI Glasses Drive Ray-Ban Sales Surge
EssilorLuxottica's Q3 revenues for North America jumped 12.1% on surging sales of Meta AR glasses, prompting plans to build production capacity for 10 million units ...
Homebuilder Mood at 6-Month High on Mortgage Rate Hopes
Hope that the weakening economy will trigger a Fed interest rate cut has raised October homebuilder sentiment 5 points to 37 amid an 18-month slump.
Singles Day Extended to Weeks by Chinese Retailers
To entice consumer spending major Chinese retailers like Alibaba and JD.com have extended pre-Singles Day sales to several weeks before the actual holiday.
Chinese Dutch Chipmaker Nexperia Caught in US-China Trade War
BMW and other carmakers are being affected by US-imposed restrictions on a Dutch subsidiary of Chinese chipmaker Wingtech.
Electric Aircraft Maker Beta Technologies Plans IPO
The Vermont-based maker of eVTOL and eCTOL aircraft and advanced electric propulsion systems hopes to raise up to $825 million for a 7.22 billion valuation.
Apple Unveils More Powerful Devices at Same Prices
Updates of MacBook Pro. iPad Pro and Vision Pro with more powerful, energy-efficient M5 chips is expected to draw more consumers seeking efficiency with AI ...
Nvidia Consortium Buys $40 Billion Data Center
The Artificial Intelligence Infrastructure Partnership led by Nvidia and Black Rock may deploy up to $100 billion in equity capital on AI data center investments.
India Exports to US Plunged in August
Up to 50% Trump tariffs on goods from India caused India's August exports to the US to plunge 20% and the trade deficit to hit ...
Superintelligence Startup Lila Science Scores $1.3 Billion Valuation
Nvidia's prominence in a new funding round lends investor credibility to Lila's quest to develop a new level of AI that surpasses human intelligence.
Surge Biswas's Nabla Bio Inks Deal with Takeda Pharmaceutical
The Japanese pharmaceutical giant will provide capital for the US biotech firm to develop protein-based therapeutics on its proprietary Joint Atomic Model AI platform.
Google Plans $15 Billion India AI Data Center
A 1-gigawatt data center campus will be built in Visakhapatnam in India's Andhra Pradesh province as Google seeks to become a leading global AI services ...
BYD's 3rd Europe Plant Likely to Be Spain
Spain is likely to join Hungary and Turkey as production bases to help meet 280% jump in European demand for BYD EVs in 2025.
Indian Textile Exporters Turn to Europe, Discounts Amid US Tariffs
Trump tariffs of up to 50% force Indian textile exporters to seek new buyers in Europe, India's biggest and fastest growing market.
OpenAI Pursues Custom Chips with Broadcom Deal
As Nvidia struggles to meet demand for AI GPUs OpenAI joins other tech giants in seeking to create chips tailored to its AI models.
Deals Making Up an Epic AI Boom Listed
Nvidia, OpenAI, Meta and Oracle are the bright stars anchoring constellations of multi-billion-dollar deals driving US tech growth.
TSMC Q3 Profits Soar on AI Boom
Asia's most valuable company is projected to announce a whopping 28% jump in profits as it struggles to keep up with the demand to fabricate ...
AI Boom Masks Consumer Weakness
A surge of new business investment is offsetting weakening consumer demand and trade but won't prevent slow job growth and rising unemployment.
China Exports, Imports Surged to Record in September
Exports jumped 8.3% as Chinese manufacturers found alternative markets to offset impact of US tariffs.
China Car Sales Soared in September
With surging EVs making up well over half of all auto sales, Chinese domestic auto sales enjoyed its biggest month of the year.
Rupee to Get Central Bank Help Amid Rising US-China Tensions
The recent trade tiff between the world's two biggest economies could send the Indian currency to a new all-time low unless the central bank steps ...
Space Startups Snag Record $3.5 Billion in Q3 Investments
Investors see opportunities to tap an expected boom in space-based hardware and services that startups seek to tap.
Major Chinese Humanoid Robot Firm Plans Hong Kong IPO
AgiBot seeks a valuation of over $5 billion with investments from LG Electronics and BYD for robots that can fold clothes, make coffee and clean ...
Online Retailers Forced to Remove Millions of Chinese Electronics
An FCC crackdown on items like security cameras and phones from Huawei and ZTE forces online retailers to remove listings for millions of items.
Qualcomm Faces China Antitrust Probe on Autotalks Acquisition
Buying the maker of Israeli chips that prevents car crashes could weaken Qualcomm's position in China's massive smartphone market.
Ferrari Teases 193 MPH EV Beast
The Electrica, Ferrari's first EV set for 2026 release, is teased with a look under the hood of a drivetrain with a 333-mile range.
Golden Week Spending Dip Alarms China Planners
Spending by Chinese during one of the year's two biggest holiday periods has fallen to a three-year low, confirming a fall in consumer confidence.
10 Airtaxies Leading the Commercialization Race
Quiet, clean and financially viable flying cars are already flying passengers in cities around the world.
Cheap Model Y Faces Intense Price Competition in Europe
The new affordable Tesla Model Y faces little competition in the US but dozens of competitors in Europe.
OpenAI, Anthropic Eye Investor Funds to Settle Copyright Suits
Massive publisher content used to train AI models has opened the possibility of tens of billions of dollars of liability for copyright infringement.
China Adds Controls on Rare Earths, Magnet Technology
The new restrictions may have been precipitated by current US efforts to further tighten export controls on chipmaking equipment sales to China.
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