China Warms To US Chipmaker Micron As Biden And Xi Look To Meet
In a possible sign the trade war between China and the United States is cooling off, the Chinese minister of commerce told the president of Micron Technology Inc that Beijing…
Elon Musk Announces xAI To Debut AI Model To Select Group
On Saturday, the new artificial intelligence startup from Elon Musk, xAI, will unveil the first iteration of its new AI product to a select group, according to a statement from…
Polish Truckers To Block Border Crossing With Ukraine To Protest EU Rules Favoring Kiev
Polish truck drivers have announced that they will block three border crossings with Ukraine on Monday, in an effort to attract attention to the harm done to them by the…
Russian Stock Exchange Resumes Trading After Sanctions Announcement
On Friday, the St Petersburg Exchange (SPB Exchange) announced a limited list of Russian securities would resume trading. Foreign stock trading had been halted on Thursday after the exchange had…
BlackBerry CEO Chen Retires, Director Lynch In As Interim CEO
Following more than a decade at the helm of the Canadian technology company BlackBerry, CEO John Chen will retire at the end of this week, after a career which has…
Unilever Freezes CEO’s Pay For Two Years
On Monday, consumer goods company Unilever announced its board had voted to freeze the fixed pay of CEO Hein Schumacher for the next two years after shareholders rejected his initial…
European Gas Traders Begin Using Ukrainian Storage
On Wednesday, the Financial Times reported that European gas traders have begun using storage facilities in Ukraine to hold excess volumes of the fuel as the winter heating season approaches,…
Ernst & Young – Israeli Operations In Gaza Could Cost World Economy $2 Trillion
On Wednesday, the New York Times reported that according to a top economist at Ernst & Young, if the current conflict between Israel and Hamas were to escalate, the global…
Russia Sees Its Gold Reserves Hit Record High
On Thursday, RIA Novosti reported that September data from the world’s central banks showed that Russia’s gold bullion reserves hit an all-time high. The news agency calculated that in September,…
Disney Purchases Remainder Of Hulu From Comcast
In a deal which will give it complete control of Hulu, Disney announced it will purchase a 33% stake in the streaming service from Comcast for roughly $8.6 billion. Since…
