CEO to talk with Chinese officials next week, aiming for September unveiling of processor compliant with US export controls
Incident follows xAI bot sharing ‘white genocide’ tropes in response to unrelated questions
LME price sinks as traders bet any levies will ultimately hit demand for industrial metal
So long as nuclear fuel-making is permitted and NPT violators can easily exit the treaty, more nations will seek the bomb
Trade levies could solve the supply-demand problem but they are a blunt tool
The government has been driving insurers’ stock gains for years but the gold rush is over
Bank of England imposes its first ever penalty against a provider of financial markets infrastructure
Shares in drugmakers show little reaction to US president’s latest pronouncement
Central bank officials warn some heavily indebted firms are ‘particularly exposed to global shocks’
US pharma giant seeks to expand footprint beyond cancer treatment as its biggest product nears patent cliff
‘Big, beautiful bill’ will weigh on jobs, power prices and industrial competitiveness
With huge economic and political shifts taking place, what will replace the old world order?
Listing in Spain marks rare bright spot in IPO market and signals healthy return for private equity group
President also says he will impose levies of up to 200% on drug imports after a transition period
Plus copper tariffs
Also in this newsletter: EU delegation ordered to leave Libya
When blockbuster drugs lose IP protections it can wipe out billions of dollars in revenue for companies
Plus, the US onslaught hitting Paris’s bankers and private credit hands American contractors a lifeline
Brussels is not expecting same access to US market as British steel, cars and other products
Private equity cheers the legislation while Tesla and AI start-ups lose out
Tech group is challenging Disney’s ESPN to screen the motor racing series
A new wager of the century?
The athleisure group is challenging public enthusiasm for ‘dupe’ products
US move prompted by concerns that purchases are undermining national security
Senator Chuck Schumer calls for investigation as death toll surpasses 100 and more than 160 still missing
