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Business

Nvidia Faces Anti-Monopoly Investigation in China Over Mellanox Acquisition

China's State Administration for Market Regulation is investigating Nvidia over potential anti-monopoly violations related to its acquisition of Mellanox Technologies Ltd. The prob...

Business

BP and JERA Join Forces to Invest $5.8B in Offshore Wind Energy

BP plc and JERA form a joint venture, JERA Nex bp, to focus on offshore wind energy production with a potential net generating capacity of 13GW. The companies plan to invest up to ...

Business

TikTok Faces US Ban: Appeals Court Upholds Government's Decision

The US Court of Appeals upheld the government's decision to ban TikTok, requiring ByteDance Ltd. to divest the app by January 19 or face its closure in the US. The court cited nati...

Business

TikTok Awaits SCOTUS Decision on US Ban Appeal

TikTok anticipates the US Supreme Court to reverse an appeals court decision upholding the federal ban on the platform within American soil, citing the Court's history of protectin...

Business

Microsoft's Advanced AI Chips Export to UAE: A Strategic Move or Risky Venture?

Microsoft has secured US approval to export advanced AI chips to the UAE as part of its collaboration with Emirati AI firm G42. The $1.5 billion commitment includes plans for two A...

Business

Key Earnings Reports: Oracle, Macy's, Adobe, and More to Watch This Week

The upcoming week is filled with key financial results, including Oracle's second-quarter earnings, GameStop's third-quarter results, Macy's and Adobe's reports, and Broadcom and C...

Business

Vodafone's Complete Exit from Italy: A Strategic Move to Swisscom

Vodafone Group Plc has signed a binding agreement to sell 100% of its operations in Italy to Swisscom AG for €8 billion. The transaction, subject to regulatory approvals, marks Vod...

Business

China's Passenger Vehicle Sales Surge in November, Driven by New Energy Vehicles

China's passenger vehicle sales surged in November, with new energy vehicles making up over half of all sales. Despite Tesla's decline in sales and exports, the overall market show...