Business

The shadow of President Trump’s pressure on the Federal Reserve looms as another senior official, Atlanta Fed President Raphael W. Bostic, announces his retirement. Bostic, 59, will step down in …

SoftBank has sold its $5.8 billion Nvidia stake after a historic rally in the chipmaker’s stock, opting instead to deepen its commitment to OpenAI. The divestment marks a strategic shift …

The US “steel derivatives” tariff list is expected to swell by 700 items, hitting global exporters from Europe to Asia. The expansion comes at the request of hundreds of American …

Google has scored a significant financial and strategic victory over its rivals, securing a $1 billion-a-year deal to have its Gemini AI model power Apple’s Siri. This “behind-the-scenes” integration will …

A major showdown is set for Tesla’s annual meeting as Norway’s sovereign wealth fund joins advisory giants ISS and Glass Lewis in opposing Elon Musk’s $1 trillion pay deal. The …

Russia’s oil revenues are under direct attack as China, its top buyer, steps back from the market. This retreat by Chinese refiners is a calculated move to avoid a new, …

Amazon’s third-quarter earnings were a resounding success, driven by a cloud division that appears unfazed by its own technical failures. Amazon Web Services (AWS) grew 20% to $33bn, its best …

Nvidia’s $5.05 trillion valuation is not just about its present-day dominance in AI chips; it’s about its strategic vision for the future. The company, which became the first $5T firm …

President Donald Trump’s optimism is soaring ahead of his “big meeting” with Chinese President Xi Jinping, despite a fresh outbreak of trade hostilities. “I think it’s going to work out …