Analysts drew “inevitable comparisons” to the 2023 Silicon Valley Bank (SVB) collapse after two smaller US banks sparked a global market sell-off. Zions Bancorporation and Western Alliance plunged after reporting …
Business
-
“Stretched Valuations” and Immigration Curbs: Twin Threats to a Fragile World Economy
by admin477351Two emerging threats—”stretched” stock market valuations and restrictive immigration curbs—are casting a long shadow over a fragile world economy, according to a major new report. While the global growth forecast …
-
A dispute over rare-earth minerals has become the official trigger for the latest, most dangerous phase of the U.S.-China trade dispute, after President Donald Trump labeled Beijing’s new export controls …
-
OpenAI has officially made AMD a cornerstone of its future by signing a landmark, multibillion-dollar deal with the chipmaker. The agreement ensures a massive supply of critical AI hardware and …
-
The phenomenal success of the UK’s electric car grant in September poses a new and challenging dilemma for policymakers: are we nearing ‘peak subsidy’? The scheme’s rapid uptake suggests it …
-
A new power dynamic is emerging in the global AI landscape, and DeepSeek’s latest release is a key factor in this shift. With its V3.2-Exp model, the Hangzhou-based company is …
-
Sustainable investment campaigners are calling the shutdown of the Net Zero Banking Alliance (NZBA) a “bitterly disappointing” moment for climate action. The global coalition of banks has ceased operations after …
-
Even though the UK-US trade deal for 0% steel tariffs failed, its ghost continues to haunt the UK’s industrial landscape, as evidenced by a supply agreement it spawned between rivals …
-
European firms exporting to the United States feel caught in the middle, facing an impossible choice: risk a catastrophic 200% penalty for a minor compliance error or deliberately overpay on …
-
Donald Trump’s decision to threaten new tariffs on a diverse range of European goods—from drugs and trucks to cabinets—represents a high-risk, multi-front strategy that appears designed to overwhelm and divide …