OpenAI

Elon Musk Leads $97.4 Billion Bid for OpenAI Nonprofit Amid Ongoing Legal Battle

A consortium led by billionaire Elon Musk announced on Monday an offer of $97.4 billion to acquire the nonprofit organization controlling OpenAI. The offer comes amid ongoing legal tensions between Musk and OpenAI CEO Sam Altman, underscoring a deepening rift...
Drone view shows a cargo ship and shipping containers at the port of Lianyungang

Trump Imposes 25% Tariffs on Steel and Aluminum Imports, Sparking Global Trade Tensions

U.S. President Donald Trump made good on his promise to impose a 25% tariff on steel and aluminum imports, escalating trade tensions with key global partners. The decision, unveiled just a day earlier aboard Air Force One while Trump was...
Donald Trump

Trump’s Gaza Plan Sparks Global Outrage Amid Controversial Remarks

President Donald Trump unveiled a controversial proposal that has reignited tensions across the Middle East and drawn sharp condemnation from Palestinian leaders and much of the Arab world. The former president stated that under his plan, Palestinians would not have...
Google

China Strikes Back: New Sanctions Target Google and Other US Tech Giants Amid Escalating Trade Dispute

China announced a sweeping set of retaliatory measures on Tuesday targeting major US businesses, including tech giant Google, farm equipment manufacturers, and fashion conglomerate PVH Corp, the owner of brands such as Calvin Klein and Tommy Hilfiger. The move came...
US-China

China Retaliates with New Tariffs as Trade Tensions with the US Escalate

Beijing Announces Immediate Countermeasures Following Trump's New Tariff Hike China's Ministry of Finance announced a sweeping set of tariffs on key US exports on Tuesday in swift retaliation to the 10 per cent tariff imposed on Chinese goods by US...
Copper

Copper and Zinc Prices Rise Following Trump’s Tariff Delay on Canada and Mexico

U.S. President Donald Trump announced a one-month delay on imposing 25% tariffs on imports from Canada and Mexico. The announcement sparked optimism among traders, leading to a rise in copper and zinc prices, while dragging the U.S. dollar lower. This...
Asian Stocks

Asian Shares Surge as Trump Delays Tariffs on China, Mexico and Canada; US Futures Advance

Markets Rebound Amid Optimism Over US-China Negotiations Asian shares surged, and US futures saw positive momentum on Tuesday following President Donald Trump's announcement to delay tariffs on Mexico and Canada for a month while holding further trade discussions with China....
Donald Trump

Trump Signals Possible China Talks Amid Looming Tariff Deadline

With mere hours left before a 10% tariff on Chinese imports was set to take effect, President Donald Trump revealed on Monday that his administration is planning to engage in discussions with Beijing, raising the possibility of a last-minute reprieve....
US

Economic Fallout of Tariffs: Will Trump’s Trade Tactics Raise Global Prices?

U.S. President Donald Trump announced over the weekend the imposition of tariffs on imports from Mexico, Canada, and China. The move, aimed at bolstering American manufacturing and addressing the rising threat of illegal drugs like fentanyl, marks a sharp shift...
China's Trade Slowdown in November Sparks Concerns Amid Imminent U.S. Trade Risks

Global Markets Plunge Following Trump’s Tariff Announcement on Canada, Mexico, and China

Stock Markets in Europe and Asia Tumble Amid Growing Trade War Fears Shares across European and Asian markets suffered significant losses on Monday following US President Donald Trump's announcement of sweeping tariffs on Canada, Mexico, and China. Trump further stated...
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