Apple Inc. became the first corporation in the world to reach a market value of $3 trillion, helped along by forecasts that the Federal Reserve would raise interest rates more gradually and optimism for the company’s growth into new markets…. Read More ›
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US Is Considering Additional Export Restrictions On AI Chip Computing Power
U.S. authorities are considering strengthening an export control regulation aimed at reducing the amount of computational power that chips can have in order to reduce the flow of artificial intelligence chips to China, according to reports quoting people with knowledge… Read More ›
The US To Invest $42 Billion By 2030 To Ensure Universal Internet Access
In order to ensure that everyone has access to high-speed broadband by 2030, the White House on Monday distributed $42 billion to the 50 states and U.S. territories as part of a new marketing campaign for President Joe Biden’s economic… Read More ›
Rebel Russian Mercenaries Stop Their Assault On Moscow, And The Kremlin Claims The Soldiers Won’t Be Engaged In Combat
A significant challenge to President Vladimir Putin’s hold on power was de-escalated by heavily armed Russian mercenaries who had made it most of the way to Moscow. Their leader said that this action would prevent bloodshed. Yevgeny Prigozhin, a longtime… Read More ›
As He Sues Nissan In Lebanon, Ghosn Vows To Battle “To The Bitter End”
In his first legal battle, former Nissan chairman Carlos Ghosn declared on Tuesday that he would fight “to the end” in the $1 billion case he has filed against the Japanese automaker. Nissan, as well as 12 people and two… Read More ›
‘Progress’ In Supply Chain With Soaring Jet Orders At The Paris Air Show
On Wednesday, Pratt & Whitney, a manufacturer of jet engines, noted “solid progress” in the aerospace supply chain, addressing a significant area of worry for aircraft manufacturers as they continue to tally orders at the Paris Airshow. Huge orders from… Read More ›
UK Economy Is In A “Doom Loop” As Investments By Businesses Falls Behind Its G7 Counterparts
Britain’s economy is stuck in a growth “doom loop,” according to the U.K.’s Institute for Public Policy Research, due to decades of underinvestment by the government and corporations. According to recent data from a left-leaning think tank, the U.K. has… Read More ›
The Goal Of Macron’s Paris Meeting Is To Revive The Global Finance Agenda
On Thursday and Friday this week, a summit is being hosted by French President Emmanuel Macron to lay out a plan for reducing the debt loads of low-income nations while freeing up more money for climate spending. In order to… Read More ›
More Countries Are Affected By The Continued Toxic Syrup Risk, Claims The WHO
Toxic cough syrups continue to represent a hazard on a worldwide scale, the World Health Organisation (WHO) told Reuters, adding that it is now collaborating with six more nations than previously disclosed to track the potentially lethal children’s medications. After… Read More ›
VW Perfects The Dry-Coating Battery Process, Which Might Lower Cell Costs
According to Volkswagen’s battery boss, the company has perfected a dry coating battery manufacturing technique that, if scaled up, could reduce the cost of cell production by hundreds of millions of euros annually. The automaker claimed that it and the… Read More ›