Dutch banks face stock drop as parliament votes for increased bank tax
In a recent vote echoing fiscal measures previously seen in Italy, the Dutch lower house of parliament has approved an…
US government shutdown: What closes, what stays open?
(Reuters) -Many U.S. government services would be disrupted and hundreds of thousands of federal workers furloughed without pay if Congress…
Microsoft’s Activision acquisition gains provisional approval from U.K.’s CMA
The ongoing saga of Microsoft (NASDAQ:MSFT)’s acquisition of Activision, the maker of Call of Duty, has taken a positive turn…
Toyota to speed up EV production, aims for over 600,000 vehicles in 2025
(Reuters) -Toyota Motor will speed up production of electric vehicles of its Toyota (NYSE:TM) and luxury Lexus brands, the Nikkei…
Gold prices rise as dollar comes off six-mth peak, but outlook dim
Gold prices rose slightly on Friday, taking some relief as the dollar retreated from a six-month high, although the prospect…
US finalizes rules to prevent China from benefiting from $52 billion in chips funding
(Reuters) – The U.S. Commerce Department on Friday is issuing final rules to prevent semiconductor manufacturing subsidies from being used…
Oil prices rise as supply concerns outweigh demand fears
(Reuters) – Oil prices rose on Friday as concerns that a Russian ban on fuel exports could tighten global supply…
Nikkei slips amid Wall Street downturns, BOJ maintains relaxed policy
The Nikkei share average ended Friday with a 0.52% drop to 32,402.41, following an earlier slump to a nearly month-long…
Apple’s flagship Shanghai store buzzes as iPhone 15 goes on sale
(Reuters) – Over a hundred customers queued inside Apple (NASDAQ:AAPL)’s flagship store in the Chinese financial hub of Shanghai on…
AI chip industry sees turbulence as Google weighs manufacturing options
Thursday’s stock market slump was marked by significant movements in the artificial intelligence (AI) chip industry. Investor discomfort with the…