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The UK wants a “cool and clear-headed” response to Donald Trump imposing 25% tariffs on British metal exports, the commerce minister has stated. The US president introduced the heavy levies on overseas metal and aluminium late on Monday, saying they…
(Bloomberg) — BP Plc CEO Murray Auchincloss insisted that the corporate’s “elementary reset” has been within the works for a yr, whereas refusing to touch upon an analyst’s query about whether or not he’s had engagement with activist Elliott Funding…
By Saeed Azhar, Nupur Anand and Tatiana Bautzer NEW YORK (Reuters) – U.S. financial institution executives mentioned on Tuesday they anticipated coverage uncertainty to linger as President Donald Trump’s second administration takes form, however remained optimistic on the financial outlook.…
Elon Musk’s bid to purchase OpenAI for $97.4bn (£78.7bn) got here unsolicited on Monday evening and was rapidly rejected by his former pal and OpenAI chief govt Sam Altman. “The corporate shouldn’t be on the market, neither is the mission,”…
Federal Reserve Chair Jerome Powell instructed lawmakers Tuesday that the Fed shouldn’t be in a rush to regulate rates of interest, reiterating a cautious stance as central financial institution policymakers digest indicators of cussed inflation and coverage uncertainties from the…
US shares edged decrease on Tuesday as buyers braced for extra tariff coverage shifts from President Donald Trump, and focus turned to inflation with testimony from Federal Chair Jerome Powell on deck. Shortly after the opening bell, Dow Jones Industrial…
Town of Hangzhou in southern China is likely one of the nation’s main expertise hubs, and residential to the groundbreaking synthetic intelligence (AI) firm DeepSeek. Consider Hangzhou as a Chinese language model of Silicon Valley. The headquarters of DeepSeek is…
(Bloomberg) — Federal Reserve Financial institution of Cleveland President Beth Hammack mentioned it’s acceptable to maintain rates of interest regular for “a while” whereas policymakers await additional downward progress on inflation and analyze the financial results of recent authorities insurance…
It’s almost 5 years to the day since Bernard Looney, the then new chief govt of BP, set out a radical technique for the oil main to go web zero by 2050. Below that technique, BP would make investments extra…
(Bloomberg) — Crude shipments from Russia’s Sakhalin Island initiatives aren’t being discharged after the tankers carrying them have been sanctioned by the US. About 6.3 million barrels of Pacific crude is being held on vessels which were stationary for at…
