Business News

Oct 17 (Reuters) – Nvidia (NVDA.O), opens new tab uveiled on Friday the first U.S.-made Blackwell wafer, produced at TSMC’s (2330.TW), opens new tab semiconductor manufacturing facility in Phoenix, as demand for AI chips accelerates.Companies have been racing to meet the broader AI industry’s voracious appetite for computing power as they develop AI technology that meets or exceeds human […]

WASHINGTON, Oct 18 (Reuters) – A U.S. court has ordered Israel’s NSO Group to stop targeting Meta Platforms’ (META.O), opens new tab WhatsApp messaging service, a development the spyware company warned could put it out of business. In a 25-page ruling, opens new tab handed down Friday, U.S. District Court Judge Phyllis Hamilton imposed a permanent injunction on NSO

Unexpected Political Clash Shakes Investor Confidence in EV Giant A public feud between former President Donald Trump and Tesla CEO Elon Musk has rattled markets, sending Tesla shares down over 7% in a single day and wiping billions off the company’s market cap. The clash, which unfolded over a series of online exchanges and rally

$13 Billion Investment to Position India as Global Leader in Clean Energy Storage India’s Tata Group has announced plans to build the world’s largest battery energy storage facility, committing over $13 billion to a new giga-complex aimed at transforming the country’s clean energy capabilities and supporting its transition away from fossil fuels. The project, to

Abrupt Halt Raises Concerns Over U.S. Foreign Policy Stability In a move that has stunned NATO allies and reignited debate over U.S. commitments abroad, former President Donald Trump has announced an indefinite freeze on military aid to Ukraine. The decision, made without prior consultation with European partners or Congress, has raised fears of a broader

Genetic Engineering Firm Advances Synthetic Gestation with Real-World Conservation Potential Colossal Biosciences, the biotech firm best known for its ambition to “de-extinct” the woolly mammoth, has revealed a major scientific breakthrough: the successful development of a functioning artificial womb prototype for marsupials. The innovation could not only transform wildlife conservation but also reshape the future

Brussels Signals Openness to Negotiation but Warns of Limits The European Union has announced a temporary suspension of planned retaliatory tariffs on U.S. goods, choosing a diplomatic path in response to the Biden administration’s recently proposed trade measures. The tariffs, which were set to target American automotive parts, chemicals, and agricultural exports, are now on

Economic Outlook Dimmed by Protectionism, High Interest Rates, and Policy Uncertainty The Organisation for Economic Co-operation and Development (OECD) has significantly revised downward its global economic growth forecast, citing a resurgence of trade tensions, prolonged monetary tightening, and geopolitical instability as major drags on the recovery. The global economy is now expected to grow at

Senior Official Cautions Against Economic Fragmentation Amid Rising Tariff Wars A top official at the Bank of England has issued a stark warning that the global trade system is breaking down, describing recent developments as a “blowing up of the architecture that has underpinned global commerce since World War II.” The comments come amid escalating

Crypto Markets Rattle as Global Regulators Tighten Grip Bitcoin has dropped sharply to trade below $85,000, marking a 15% decline in just one week, as a combination of global regulatory tightening, institutional profit-taking, and major “whale” sell-offs triggered a wave of liquidations across the cryptocurrency market. The plunge, which erased nearly $300 billion in total