Latest Corporate News News
Nvidia CEO Jensen Huang Joins Trump on Air Force One to China Summit
Nvidia CEO Jensen Huang is accompanying President Trump to Beijing for talks with Xi Jinping on trade, tariffs, and Taiwan. The news has lifted Asian equities, with KOSPI up and dip buyers stepping in amid initial losses. Markets react positively, S&P futures up 0.2%, Nasdaq 0.4% .
Anthropic in Talks for $30 Billion Funding Round Valuing It at $900 Billion
AI firm Anthropic is negotiating with investors for at least $30B in fresh financing, potentially its largest round, valuing the company over $900B. This Bloomberg scoop highlights growing investor interest in AI amid market optimism. Discussions are early stage .
Siemens Announces €6 Billion Share Buyback Over Five Years
Siemens reveals a €6B share buyback program spanning up to five years despite a tough backdrop. The announcement leads breaking earnings coverage with CEO joining discussions. Positive market sentiment noted .
FDA Director Marty Makary Resigns Amid Controversies
President Trump's FDA chief Marty Makary, a COVID critic, resigns following complaints from pharma execs, anti-abortion groups, mass layoffs, and scandals over vaccines and e-cigarettes. Trump notes Makary faced difficulties but expects success ahead. Tenure marked by leadership changes .
Trump Pushes 'Board of Trade' with China During Beijing Visit
Trump lands in Beijing to discuss trade, proposing a 'Board of Trade' to resolve differences and avoid conflicts, plus Taiwan and $11B weapons package. He expresses optimism on US-China relations. State visit focuses on tariffs and exports .
Markets Rally on Trump-Xi Summit and Huang's Participation
Asian markets up 0.5%, futures higher on both sides of Atlantic after Nvidia CEO joins Trump in China, reversing earlier losses. Samsung down 6% but overall green, led by KOSPI; oil dips to $106 Brent. Tech like Qualcomm, AMD rebound .
UK's Keir Starmer Faces Rivals in Key Meeting Amid Political Drama
Starmer confronts rivals behind closed doors before King Charles unveils government agenda, as he fights for his future in Downing Street. Britain braces for more drama. Teachers' news also boosts transatlantic sentiment .
Trump Wins Mixed Redistricting Battles in US States
Trump-backed maps upheld in Missouri aiding GOP midterms, but South Carolina senators defy push fearing Democratic gains. Supreme Court weakened Voting Rights Act intensifies 10-month battle in states like Louisiana. National redistricting heats up .
Australia Unveils Budget to Tackle Inequality, Boost Fuel and Defenses
Government budget aims at generational inequality, fuel supplies, and defenses; ends negative gearing deductions and 50% capital gains discount for property investors. Concerns over unintended consequences and market uncertainty. Applies to shares too .
Iran Conflict Stalls Talks, Halts Oil Shipments from Key Terminal
Satellite images show Iran’s main export terminal oil shipments standstill amid stalled negotiations and fragile ceasefire. Uncertainty keeps oil volatile at $106 Brent down 1.4%, energy assets edgy. Copper hits records despite tensions .
Dubai Ruler Tightens Grip on Emaar in $6.5B Reshuffle
Dubai ruler reshuffles control over Emaar in $6.5B move amid global markets coverage. Part of broader business news from live Dubai broadcast on Trump-Xi and Iran. Guests include economists and CEOs .