US, Iran Pursue New Talks as Tehran Weighs Pause in Hormuz Shipments
(Bloomberg) — The US and Iran are looking to arrange a second round of peace talks in the…
Gold Rises as Traders Weigh Renewed Push for US-Iran Talks
(Bloomberg) — Gold climbed after a two-day decline, as renewed optimism for a negotiated end to the US-Iran…
Commonwealth Bank warning after China cuts off critical chemical export: ‘Already tight’
China’s latest move amid the Iran conflict could be another blow to farmers and food prices. (Source: Getty/Yahoo…
China’s Victory Giant Seeks Up to $2.2 Billion in Hong Kong Listing
(Bloomberg) — Victory Giant Technology Huizhou Co. began taking investor orders for a listing in Hong Kong that…
Epic is reportedly building an extraction shooter for Disney
Besides a wealth of Fortnite skins based on Disney IP, it hasn’t really been clear what the entertainment…
Demand for Dollars in Swaps Ebbs Alongside Global Risks
(Bloomberg) — By at least one metric in the $9.5 trillion foreign-exchange markets, demand for the dollar is…
Gold Heads for Weekly Gain as Traders Weigh Iran Truce Prospects
(Bloomberg) — Gold was headed for a third weekly gain, as hopes for a diplomatic resolution to the…
Exxon Sees 6% of Its Worldwide Output Shut on Mideast Conflict
(Bloomberg) — Exxon Mobil Corp. (XOM) said 6% of its global first-quarter production was knocked out as the…
Intel to Join Musk’s Terafab in Surprise Move, Lifting Stock
(Bloomberg) — Intel Corp. is joining Elon Musk’s long-shot effort to develop semiconductors for Tesla Inc., SpaceX and…
Apple’s foldable iPhone is reportedly at risk of delay
Apple has run into “more issues than expected” with its foldable iPhone that may set back its release,…
Samsung Beats High Estimates After AI Chip Sales Defy War Fears
(Bloomberg) — Samsung Electronics Co. earned a far stronger-than-expected eight-fold leap in quarterly profit, underscoring robust demand for…
Nvidia-Backed Data Center Builder Firmus Raises $505 Million
(Bloomberg) — Data center builder Firmus Technologies Pty raised $505 million in an investment round led by Coatue…