Category: business
-
U.S. Launches Review of Nvidia H200 AI Chip Sales to China Amid National Security Concerns
The U.S. administration under President Donald Trump has initiated a high-level review of potential sales of Nvidia’s H200 AI chips to China, signaling a major shift in U.S. technology export policy. Sources familiar with the process said the review could lead to the first shipment of these advanced artificial intelligence processors to China, following Trump’s
-
U.S. Annual Consumer Inflation Moderates in November Amid Data Gaps from Government Shutdown
U.S. consumer prices increased at a slower-than-expected pace in November 2025, according to the Bureau of Labor Statistics (BLS), but households continued to face high costs for essentials like beef, coffee, and electricity. Analysts caution that the data may not fully reflect underlying price pressures due to gaps caused by the 43-day federal government shutdown,
-
ECB Wage Tracker Signals Gradual Normalisation of Euro Zone Wage Growth
The European Central Bank (ECB) reported on Friday that euro zone wage growth is expected to gradually slow and normalize in the coming year, supporting the ECB’s projection that inflation will remain close to its 2% target over the medium term. The findings were highlighted in the ECB’s updated wage tracker, which monitors active collective
-
Italy Parliamentary Panel Approves Amendment Declaring Central Bank Gold Reserves Belong to the People
An Italian parliamentary committee has approved an amendment to the 2026 national budget declaring that the gold reserves held by the Bank of Italy belong to “the people,” despite repeated warnings from the European Central Bank (ECB). The move has sparked debates about the sovereignty of Italy’s national assets and the independence of its central
-
Bank of Japan Raises Interest Rates to 30-Year High, Signals More Hikes
In a landmark move, the Bank of Japan (BOJ) raised interest rates to 0.75%, the highest level in three decades, signaling its readiness for further rate increases as the country transitions away from decades of near-zero borrowing costs and massive monetary stimulus. The decision reflects the BOJ’s growing confidence that Japan can sustainably achieve its
-
ByteDance Forms Joint Venture to Secure TikTok U.S. Operations Amid National Security Concerns
TikTok’s Chinese parent company, ByteDance, has signed binding agreements to transfer control of the popular short-video app’s U.S. operations to a consortium of investors, including Oracle, Silver Lake, and MGX, marking a major step toward avoiding a potential U.S. ban. The move aims to address longstanding national security concerns and ensure that U.S. user data
-
TikTok’s US Future Remains Uncertain as Sale Deadlines Loom
The future of TikTok in the United States remains uncertain as the latest deadlines for the app’s sale or ban approach. Billionaire investor Frank McCourt, who has expressed interest in acquiring TikTok’s US operations, told the BBC he is currently in a holding pattern as regulatory and political uncertainties persist. Delays in TikTok Sale Deadline
-
Facebook Tests £9.99 Monthly Subscription to Share More Than Two Links
Facebook is experimenting with a new subscription model that could limit the number of links users can share in posts unless they pay £9.99 per month. The test, currently seen by select users in the UK and US, restricts free users to sharing two links per month, pushing additional content sharing behind a paywall. Meta’s
-
TikTok Owner ByteDance Strikes Deal to Avoid US Ban
TikTok’s Chinese owner, ByteDance, has signed a series of binding agreements with US and global investors to secure the platform’s operations in America, averting a potential ban. CEO Shou Zi Chew informed employees on Thursday that the deal, which is set to close on 22 January 2026, will allow TikTok to continue serving its massive
-
India’s Competition Regulator to Review IndiGo Over Antitrust Allegations
India’s competition authority has announced a review of allegations of antitrust violations against budget carrier IndiGo (Interglobe Aviation Ltd) following widespread flight disruptions across the country. The move comes as the airline, India’s largest by market share, recently canceled hundreds of domestic flights, affecting passengers nationwide. The Competition Commission of India (CCI) is examining whether
Recent Posts
- Real Madrid Top Earners Globally as Liverpool Surpasses Manchester United
- Andoni Iraola’s Future at Bournemouth Remains Uncertain Amid Transfer and Contract Questions
- “Over 5,000 Men Want to Marry Me” — Nkechi Blessing Cries Out Over DM Flood
- Fela’s Daughter Fires Back at Wizkid Amid Seun Kuti Feud
- Chioma Sparks Reactions With Humorous Response to Unwanted DMs
Hi, this is a comment. To get started with moderating, editing, and deleting comments, please visit the Comments screen in…