top of page
BlackRock and Nvidia lead $40 billion takeover of Aligned Data Centers
15 October 2025 A NVIDIA logo is pictured on its facility at the High-tech park at Yokne'am, in northern Israel July 9, 2025. REUTERS/Shir Torem In a dramatic move underscoring how deeply artificial intelligence is reshaping global investment flows, an investor consortium that includes BlackRock, Nvidia, Microsoft, Abu Dhabi’s MGX, Elon Musk’s xAI, Temasek, and others announced on October 15 their plan to acquire Aligned Data Centers from Macquarie Asset Management for roughl
Oct 152 min read
Washington and Beijing’s port fee standoff thrusts shipping into the heart of their trade war
14 October 2025 A cargo ship carrying containers approaches towards the Yantian port in Shenzhen, Guangdong province, China April 17, 2025. The long arc of U.S.-China tensions has now bent toward the oceans, as both nations on Tuesday activated reciprocal port fees targeting each other’s vessels in a move that could reshape global trade flows. The U.S. began imposing extra charges on vessels linked to China in a bid to reduce Beijing’s dominance in shipping, while China answe
Oct 143 min read
OpenAI teams up with Broadcom to build its first custom AI processor
13 October 2025 OpenAI announced on October 13 that it has partnered with semiconductor giant Broadcom in a major move to design and deploy its first in-house artificial intelligence processors, signaling a deeper push into custom hardware as demand for advanced compute continues to explode. Under the agreement, OpenAI will lead the design of the chips while Broadcom will handle development and deployment beginning in the second half of 2026. The plan is ambitious: the partie
Oct 132 min read
China says Qualcomm admitted it completed its Autotalks acquisition without notifying regulators
12 October 2025 Chinese authorities have revealed that U.S. semiconductor giant Qualcomm acknowledged acquiring Israeli chip designer Autotalks in June without notifying China’s regulator ahead of the deal, a move the country’s antitrust agency says violates its merger notification laws. The announcement came just days after China’s State Administration for Market Regulation (SAMR) formally launched an antitrust probe into Qualcomm. The regulator claims Qualcomm had been told
Oct 121 min read
U.S. to impose a sweeping new 100 percent tariff on Chinese imports in next month’s escalation
11 October 2025 In a dramatic escalation of the trade war, President Donald Trump announced on October 10 that beginning November 1 the...
Oct 112 min read
London stocks slide as miners and defence heavyweights drag the FTSE 100 into the red
10 October 2025 Branding is seen inside the LSEG (London Stock Exchange Group) headquarters in Paternoster Square, London, Britain, April...
Oct 102 min read
HSBC moves to take full control of Hang Seng Bank in $13.6 billion privatization bid
09 October 2025 A logo of HSBC is seen on its headquarters at the financial Central district in Hong Kong, China August 4, 2020....
Oct 93 min read
Musk’s X quietly settles $128 million lawsuit with ex-Twitter executives over unpaid severance
08 October 2025 A 3D-printed miniature model of Elon Musk and the X logo are seen in this illustration taken January 23, 2025....
Oct 82 min read
UK workers confront a widening wealth chasm as asset gains concentrate at the top
07 October 2025 A view of the Bank of England and the financial district, in London, Britain, September 23, 2024. REUTERS/Mina Kim/File...
Oct 73 min read
Federal Shutdown Enters Sixth Day as Threat of Layoffs Haunts Hundreds of Thousands
06 October 2025 People walk near the U.S. Capitol Building during the fifth day of a partial government shutdown in Washington, D.C.,...
Oct 62 min read
Bitcoin Rockets Past $125,000 in Bold Crypto Rally
05 October 2025 Sparks strike representation of cryptocurrency Bitcoin in this illustration taken November 24, 2024. REUTERS/Dado...
Oct 52 min read
Electric Vehicles Supercharge UK Auto Market in Best September Since 2020
04 October 2025 Electric cars are displayed at the Everything Electric, the Home Energy & Electric Vehicle Show, in London, Britain,...
Oct 52 min read
Senate Set to Vote on Competing Bills to End Shutdown, Though Neither Likely Will Pass
03 October 2025 On October 3, 2025, the U.S. Senate prepared to vote on two sharply contrasting proposals to end the government shutdown...
Oct 32 min read
Chinese Regulator Orders S&P China to “Rectify” After Disclosure Failures
October 2 2025 People walk past the China Securities Regulatory Commission (CSRC) sign at its building on the Financial Street in...
Oct 23 min read
IKEA Pays $213 Million for Soho Building in Bold Push Into Manhattan
1 October 2025 A worker walks past a logo of IKEA on the facade of an IKEA store in Barcelona, Spain April 26, 2024. REUTERS/Nacho Doce...
Oct 23 min read
Starbucks Shocks New York With Overnight Closures of Dozens of Stores
30 September 2025 Some 54 New York City Starbucks stores are closing. Niyi Fote/TheNEWS2 via ZUMA / SplashNews.com In a sudden and...
Sep 303 min read
London Stocks Rally as Healthcare Leads Gains Amid U.S. Shutdown Fears
29 September 2025 London’s markets opened the week on a high note, with both the FTSE 100 and FTSE 250 advancing approximately 0.6...
Sep 291 min read
Trump’s Policy Moves Cast a Shadow Over New York Fed Conference
28 September 2025 Unrest and speculation hung over the recent New York Fed conference on the dollar as participants grappled with...
Sep 282 min read
Trump Asks Supreme Court to Rule on Ending Birthright Citizenship
27 September 2025 People gather outside the U.S. Supreme Court in Washington, U.S., June 29, 2024. REUTERS/Kevin Mohatt President Donald...
Sep 272 min read
UK Public’s Long-Term Inflation Fears Climb to 4.1% Amid BoE’s Rate Caution
26 September 2025 People sit outside a restaurant on the Southbank in London, Britain, August 27, 2024. REUTERS/Hannah McKay/File Photo A...
Sep 263 min read
bottom of page