Euro-Zone Inflation Near 2% to Seal Deal on ECB Rate Hold
Shoppers pass through Alexanderplatz during Black Friday sales in Berlin, Germany, on Nov. 28. (Bloomberg) — A euro-zone…
China Vanke Dollar Bonds Tumble to Record Lows as Crisis Worsens
(Bloomberg) — China’s real estate sector suffered another blow after China Vanke Co. proposed delaying repayment on a…
Alibaba’s AI Arm Surges 34% While China Commerce Bounces Back
(Bloomberg) — Alibaba Group Holding Ltd. posted better-than-projected 34% growth in its pivotal cloud business, highlighting the enormous…
Nvidia Shares Drop on Report of Google Challenge in AI Chips
(Bloomberg) — Nvidia Corp.’s stock slid after the Information reported that Meta Platforms Inc. was in talks to…
Apple leadership transition unlikely in near term; Tim Cook to decide retirement timing: Mark Gurman
Tim Cook, Apple’s CEO since 2011, is not expected to step down in the near future, according to…
Space Race With China Drives Antenna-Building Boom in Arctic
The Canadian government’s Inuvik Satellite Station Facility in the Northwest Territories. (Bloomberg) — Satellite operators are looking north. Way north.…
At Bloomberg Forum, PM Mitsotakis Showcases Greece’s Comeback to Global Investors
Prime Minister Kyriakos Mitsotakis sent a clear message to the international investment community during his appearance at the…
OpenAI Partner Foxconn Plans Multibillion-Dollar US AI Push
(Bloomberg) — Hon Hai Precision Industry Co. aims to spend an initial $1 billion to $5 billion growing…
Is The Dollar Dying Soon? | Economy
It is the product of years of accumulated unease that has now crossed a psychological tipping point. (AI…
US Plans to Approve Sale of Chips to Saudi AI Venture Humain
Guests stand at the booth of Saudi artificial intelligence company Humain during the Future Investment Initiative conference in…
AI Startup Turing Secures Denso’s Backing at $388 Million Value
(Bloomberg) — Japanese self-driving tech startup Turing Inc. raised about ¥15.3 billion ($99 million) from investors including Toyota…
Consumers Feel Pinch at Pump as Russia Drives Oil Refining Boom
The Valero Houston refinery. Valero Energy Corp. and Turkiye Petrol Rafinerileri AS have seen stellar rises, while Orlen…