Business & Tech

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Business & Tech

Coverage of business, technology, and finance, from global markets to the latest tech and AI news.

Nvidia says it plans to produce about a half trillion dollars worth of artificial intelligence infrastructure in the United States by the end of the decade through partnerships with TSMC, Foxconn and others

Artificial intelligence

Nvidia to build supercomputer chips entirely in US for first time

The UK government is racing against time to keep the blast furnaces running at a British Steel plant they have now taken control of

China warns UK against 'politicising' steel furnaces rescue

Vietnam's Communist Party General Secretary To Lam, left, and China's President Xi Jinping in Hanoi on Monday

Tightening regional trade ties

Xi calls on China, Vietnam to 'oppose unilateral bullying' on regional tour

Trump said on Air Force one that tariffs on semiconductors 'will be in place in the not distant future'

'Exemptions had been misconstrued'

Trump says no one 'off the hook' on tariffs but markets rise

China's fragile recovery faces fresh woes from Trump's trade war

Chinese exports soared in March ahead of Trump's 'Liberation Day'

ECB chief Christine Lagarde has warned the eurozone is facing heightened uncertainty

After five straight cuts

Trump tariff rollercoaster complicates ECB rate call

Navarro and Musk have clashed over US manufacturing

After calling him a 'moron'

Trump advisor Navarro looks to cool spat with Musk

The new tariff exemptions will benefit US tech companies like Nvidia and Dell as well as Apple, which makes iPhones and other premium products in China.

Calling for 'mutual respect'

US says tech tariff exemptions may be short-lived

Droves of Romanians have been flocking to the Bulgarian border city of Rousse since both countries fully joined Europe's Schengen zone

Increased traffic flow

Bulgarian border city hails Schengen tourism boom

Indonesia accounts for more than half the global supply of the edible oil, used in making foods such as cakes, chocolate, and margarine as well as cosmetics, soap and shampoo

Half of global supply

Indonesia palm oil firms eye new markets as US trade war casts shadow

The government viewed the possible closure of the plant as a risk to Britain's long-term economic security

Last factory standing

UK government to take control of British Steel under emergency law

The PCK oil refinery in the German town of Schwedt has struggled to remain profitable without Russian oil

Struggling to adapt

German refinery's plight prompts calls for return of Russian oil

An Iranian woman sells okra at the old market in Iraq's southern city of Basra

Iraqi markets a haven for pedlars escaping Iran's economic woes

Factories in China have seen export orders for the United States cancelled or suspended due to Donald Trump's trade war with Beijing

In the midst of a trade war

Chinese manufacturers in fighting spirits despite scrapped US orders

Javier Milei has launched an ambitious economic reform program

Persisting financial instability

Argentina receives $42 bn from international financial institutions

Boston Fed President Susan Collins said she expects higher inflation and slower growth in the US economy

Fed official says 'absolutely' ready to intervene in financial markets

US President Donald Trump's shifting positions on tariffs have sent the world's stock markets seesawing

Trump defends policy after China hits US with 125% tariffs

Donald Trump says his trade aims to reorder the global economy

'Transition costs'

Dollar plunges, stocks wobble over trade war turmoil

US equities and the greenback have been under pressure for weeks

Volatility all around

Asset flight challenges US safe haven status

US President Donald Trump's announcement of a pause in tariffs triggered a historic stock market rebound

On website Truth Social

US senators ask SEC for Trump insider trading probe

British Steel's Chinese owner Jingye wants to scalce back operations, putting jobs at risk at its Scunthorpe plant

House of Commons announces

UK parliament recalled to 'protect' British Steel's future

Canada's Prime Minister Mark Carney on Parliament Hill in Ottawa

Amid election campaign

Canada, US to start trade talks in May: Carney

Tariffis on 47 African countries will cause local currencies to weaken, says AfDB President Akinwumi Adesina

Reduced trade, higher costs

African Development Bank chief warns of tariff 'shock wave'

Faced with Trump's tariff blitz, the EU is pushing to diversify its trade partners

Charm offensive

Jolted by Trump, EU woos new partners from Asia to Latin America

Locals in Ringaskiddy, Ireland, where pharmaceutical giants like Johnson & Johnson have transformed the economy, worry the good times could end under Trump's tariff war

Motor of the Irish economy

Trump tariffs unnerve locals in Irish 'pharma' hub

JPMorgan Chase Chairman and CEO Jamie Dimon said he has heard anecdotal evidence that some companies are pulling back on investment and deals

US Treasury bonds

JPMorgan Chase sees 'considerable turbulence' facing economy as profits rise

It has been a sharp reversal of fortune for the greenback, which had soared in the wake of Trump's November election victory

Turbulent agenda

Trump's trade whiplash sends dollar into tailspin

India shipped about $10 billion in gems and jewellery products to the United States in the 2024 fiscal year

Hope sparkles anew for India's jewellers after US tariff pause

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