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China approves first imports of Nvidia’s H200 AI chips during Huang’s visit

China has approved its first imports of Nvidia’s H200 artificial intelligence chips, Reuters reported, citing two people familiar with the matter, in a

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Gold

ASML orders surge as AI investment reshapes chip equipment demand

ASML’s latest results underline how deeply artificial intelligence spending is reshaping the semiconductor supply chain. The Dutch chip equipment maker reported a sharp

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Gold

UPS job cuts underline costly break with Amazon in US delivery race

United Parcel Service is pressing ahead with a major restructuring that will see up to 30,000 jobs cut this year, underscoring how costly

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Gold

Why Keir Starmer’s China visit matters as Britain rethinks trade and diplomacy

UK Prime Minister Keir Starmer arrived in Beijing on Tuesday on the first visit by a British leader to China since 2018, signalling

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Oil

Shell and BP seek US licenses for shared Trinidad-Venezuela gas fields

Shell and BP are actively pursuing US licenses to begin extracting natural gas from shared fields in Trinidad and Tobago and Venezuela, the

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Oil

Amazon to cut 16,000 corporate jobs as AI push deepens, bureaucracy trimmed

Amazon.com Inc. said on Wednesday it plans to cut about 16,000 corporate jobs, marking a second major round of layoffs in three months

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Oil

AI-driven job cuts accelerate globally as UK becomes early warning

“I was doing Dry January for the trend and health benefits, but now that I have been laid off, I think this is

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Oil

US futures rise as Fed decision looms; Tesla and Meta to announce results 

US stock index futures climbed on Wednesday as investors positioned ahead of the Federal Reserve’s interest rate decision and a closely watched slate

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Oil

Expert dubs silver ‘meme commodity’ of 2026 after 60% rally; Here’s why

Silver has been in an unusually strong uptrend in recent weeks – rallying more than 60% since the start of this year, effectively

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Oil

Seagate shares surge after upbeat Q3 forecast, earnings beat, as AI boom fuels data storage demand

Seagate Technology’s shares surged in premarket trading on Wednesday after the hard drive maker forecast third-quarter revenue and profit above Wall Street expectations.

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