Samsung Profit Down Sharply Due to Weak Demand for AI Chips
The profit of the large South Korean technology group Samsung Electronics fell sharply in the past quarter. This is partly…
British and Turkish Central Banks Keep Interest Rates Unchanged
The Bank of England and the Turkish central bank have left their interest rates unchanged. Both decisions were in line…
Trump Organisation Launches Its Own Telecom Offering and Smartphone
The Trump Organisation, led by President Donald Trump’s sons, is launching its own telecom offering after the summer: Trump Mobile.…
Little Movement on Wall Street in Anticipation of Nvidia Results
The stock exchanges in New York showed little movement on Wednesday. Investors took it easy after the strong recovery a…
US Minister Expects New Trade Talks with China Soon
US Treasury Secretary Scott Bessent said in an interview with CNBC that he expects new trade talks with China to…
OpenAI Backs Off Plans to Become a Commercial Company
OpenAI, the company behind ChatGPT, is rethinking its plans to become a for-profit company. The company said its nonprofit arm…
PepsiCo Expects Higher Costs Due to Trump’s Import Duties
Pepsico, the maker of Pepsi, expects that US President Donald Trump’s import duties will drive up costs in the supply…
Nvidia Plans to Make $500 Billion Worth of AI Equipment in the US
The American company Nvidia, the largest manufacturer of chips for artificial intelligence, wants to produce approximately $500 billion worth of…
Newspaper: Chaos at US Benefits Agency Due to Musk’s Cutbacks
Social security in the United States is under pressure due to measures taken by DOGE, Elon Musk’s cutbacks task force.…
Trump: Four Potential Buyers for TikTok in US
President Donald Trump has announced that the US government is negotiating with four potential buyers for the US branch of…