Elon Musk-led group makes $97.4bn bid for OpenAI | Elon Musk News
Musk’s bid could ratchet up longstanding tensions with OpenAI CEO Sam Altman over the future of the startup.…
Financial Markets
US Fed leaves rates unchanged | Inflation News
US Fed is in a holding pattern as it awaits more inflation and jobs data and clarity on…
Bank of Canada cuts interest rates, warns trade conflict will ‘hurt’ | Business and Economy News
Bank of Canada governor warned that a tariff war with the US would ‘badly hurt’ economic activity in…
China’s DeepSeek causes rout among AI-linked stocks | Financial Markets News
Wall Street’s superstars are tumbling as a competitor from China threatens to upend the artificial-intelligence frenzy that has…
No tariffs on Day 1, but Trump promises to ‘drill, baby, drill’ | Donald Trump News
Donald Trump has held off on tariffs during his first day as the president of the United States…
Southern California Edison faces lawsuits over LA wildfires | Business and Economy News
In one suit, multiple witnesses are cited as having seen a fire at the base of a transmission…
Biden administration proposes new rules to tighten grip on AI chip flows | Business and Economy News
The outgoing administration of United States President Joe Biden is proposing a new framework for the export of…
US Fed officials expected slower rate cuts in 2025, say December minutes | Inflation News
Minutes of the December meeting show a division on decision to cut rates and the 0.25 percent cut…
Industry groups sue over Biden ban on medical debt in credit reports | Business and Economy News
Consumer watchdog said new rule would lead to rising credit scores and an additional 22,000 low-cost mortgages annually.…
US Steel, Nippon sue Biden administration over decision to block merger | Business and Economy News
Nippon Steel and US Steel have filed a federal lawsuit in the United States challenging the Biden administration’s…
Starbucks workers’ union goes on strike in US cities | Labour Rights News
Some members of the workers’ union representing more than 10,000 baristas at Starbucks in the United States have…
US Fed cuts interest rates but cautions for year ahead | Business and Economy News
Slower progress on inflation translates into a slower pace of rate cuts, especially as economic growth is brisk.…
Trump, SoftBank CEO Masayoshi Son announce $100bn US investment | Donald Trump News
Son had made a similar pledge in 2016 to spend $50bn over Trump’s four-year term. It’s unclear how…
China hits back against US chip crackdown | Trade War News
China has banned exports to the United States of the critical minerals gallium, germanium and antimony, which have…
Total Energies pauses investments into Adani Group on bribery charges | Corruption News
French oil major TotalEnergies has halted investments in the Adani Group after the Indian ports-to-power conglomerate was engulfed…