Powell Hails ‘Steady Voice’ of Bostic as Atlanta Fed Chief Retires
Federal Reserve Chair Jerome Powell hailed the "steady voice" of Raphael W. Bostic, as the Atlanta Fed president announced his retirement for February. Powell’s...
SoftBank’s Portfolio Shake-Up Drags Down Tech Stocks After Nvidia Sale
A major strategic realignment by SoftBank, involving the sale of its substantial $5.8 billion stake in Nvidia, has sent immediate bearish signals across the...
US Firms’ Tariff Pleas Point to “Uncertainty” in Allied Trade Deals
Trade analysts are pointing to a new round of 700 US tariff requests as proof of the "uncertainty in the relationship" between the US...
Apple’s AI Catch-Up Plan: Pay Google $1B for Gemini
Apple's plan to catch up in the AI race involves a $1 billion-a-year check to its main rival, Google. The company will use Google's...
Musk’s Trillionaire Pay Deal Hits Snag as $17bn Investor Votes ‘No’
Elon Musk’s proposal for a $1 trillion pay deal, which would make him the world's first trillionaire, has hit a major snag. Norway's sovereign...
China’s Oil Giants (Sinopec, PetroChina) Hit Brakes on Russian Imports
China's oil giants, Sinopec and PetroChina Co., have hit the brakes on Russian imports. The state-owned firms are canceling Russian cargoes, demonstrating a new...