Nvidia Nears Resumption of Advanced AI Chip Shipments to China Pending Regulatory Approval
Nvidia plans to ship H200 AI chips to China pending regulatory approval, after US eased export rules with a 25% tariff.
Warner Battle Intensifies: Larry Ellison Offers $40 Billion Personal Guarantee as Netflix Bolsters $59 Billion Bid
Larry Ellison offers $40B guarantee for Paramount's Warner bid as Netflix boosts its $59B offer; Warner board favors Netflix amid regulatory hurdles.
Julphar Invests SAR 300 Million to Establish Integrated Pharmaceutical Facility in Saudi Arabia
Julphar invests SAR 300M in Jeddah for a pharma plant, creating 1,400 jobs and boosting Saudi drug production and exports under Vision 2030.
Telefónica to Cut 5,500 Jobs at a Cost of €2.5 Billion as Part of Cost Reduction Plan
Telefónica will cut 5,500 jobs, costing €2.5B, to save €600M yearly from 2028, aiming to boost efficiency amid market pressures.
Alphabet Acquires Intersect Power for $4.75 Billion to Boost Data Center and AI Energy Capacity
Alphabet will buy Intersect Power for $4.75B to secure renewable energy for AI-driven data centers and boost energy infrastructure.
Cyberattack Disrupts French Postal Services, Delays Parcel Deliveries During Holiday Season
A cyberattack hit France's La Poste, disrupting deliveries and payments during the holiday rush, with delays and outages reported.
U.S. Treasury Yields Edge Higher Ahead of Debt Auctions Amid Divergent Fed Views
US 10-year Treasury yields rose as investors await major debt auctions and monitor divided Fed views on future rate cuts.
Wall Street Opens the Week Higher Driven by Energy and AI Stocks
US stocks rose, led by energy and AI shares; S&P 500 up 0.4%. Nvidia, Tesla gained, Microsoft, Apple fell. Investors await key economic data.
Canadian Dollar Tests Highest Level Since September Amid Monetary Policy Support and Weaker US Dollar
The Canadian dollar hit its highest since September, aided by steady rates, easing inflation, and a weaker US dollar on mixed US economic data.
Oil Prices Surge Over 2% Amid Escalating Geopolitical Tensions and Supply Concerns
Oil prices rose over 2% due to US actions on Venezuelan oil and Ukraine's attack on a Russian tanker, raising supply concerns despite surplus.
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