BUSINESS

As Sanctions on Russian Oil Loom, India Prepares to End Its Buying Spree

India has been snapping up discounted Russian crude for three years, but U.S. sanctions that take effect on Friday are expected to end the lucrative trade.India has been snapping up discounted Russian crude for three years, but U.S. sanctions that take effect on Friday are expected to end the lucrative trade. India, Russia, Oil (Petroleum) and […]

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Saudi Arabia, Once Shunned, Has Corporate Titans Swooning for Deals

Some of the most prominent U.S. executives gathered at the Kennedy Center for an event promoting deal-making with the oil-rich kingdom.Some of the most prominent U.S. executives gathered at the Kennedy Center for an event promoting deal-making with the oil-rich kingdom. Saudi Arabia, Sovereign Wealth Funds, Data Centers, Private Equity, Trump, Donald J, Mohammed bin Salman

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Nvidia Earnings Fuel Rally in Global Technology Stocks

The chipmaker’s profit surge and strong revenue forecast helped to ease fears that spending on A.I. infrastructure might be outpacing demand.The chipmaker’s profit surge and strong revenue forecast helped to ease fears that spending on A.I. infrastructure might be outpacing demand. Stocks and Bonds, Artificial Intelligence, NVIDIA Corporation, Standard & Poor’s 500-Stock Index, Company Reports, Computer

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Saudi Arabia’s Prince Has Big Plans, but His Giant Fund Is Low on Cash

After nearly a decade of expensive, hit-and-miss investments, Mohammed bin Salman is overseeing a behind-the-scenes restructuring of the kingdom’s all-important wealth fund.After nearly a decade of expensive, hit-and-miss investments, Mohammed bin Salman is overseeing a behind-the-scenes restructuring of the kingdom’s all-important wealth fund. Private Equity, Mergers, Acquisitions and Divestitures, Politics and Government, Royal Families, Sovereign Wealth

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Saudi Arabia Backs Elon Musk’s xAI With Data Center Deal

Mr. Musk’s xAI will work with the Saudi artificial intelligence company Humain on a new data center, part of Crown Prince Mohammed bin Salman’s effort to diversify his kingdom’s economy.Mr. Musk’s xAI will work with the Saudi artificial intelligence company Humain on a new data center, part of Crown Prince Mohammed bin Salman’s effort to

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December Rate Cut in Doubt as Fed Fault Lines Deepen, Minutes Show

The central bank’s decision to lower interest rates last month was more divisive than it first appeared as officials splintered over how to weigh a weakening labor market against rising inflation.The central bank’s decision to lower interest rates last month was more divisive than it first appeared as officials splintered over how to weigh a

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After Shutdown, Labor Department Says Some Data is Gone For Good

Surveys were delayed and some cannot be collected at all, officials said, further complicating the Federal Reserve’s decision on interest rates next month.Surveys were delayed and some cannot be collected at all, officials said, further complicating the Federal Reserve’s decision on interest rates next month. Banking and Financial Institutions, Labor and Jobs, United States Economy, Regulation

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December Rate Cut in Doubt as Fed Fault Lines Deepen, Minutes Show

The central bank’s decision to lower interest rates last month was more divisive than it first appeared as officials splintered over how to weigh a weakening labor market against rising inflation.The central bank’s decision to lower interest rates last month was more divisive than it first appeared as officials splintered over how to weigh a

December Rate Cut in Doubt as Fed Fault Lines Deepen, Minutes Show Read More »

Europe’s Chip Dreams Confront Business Realities

European chipmakers need TSMC’s help to grow their own semiconductor supply chain, but the chip giant’s Taiwanese suppliers find Europe a tough place to do business.European chipmakers need TSMC’s help to grow their own semiconductor supply chain, but the chip giant’s Taiwanese suppliers find Europe a tough place to do business. Computer Chips, Factories and Manufacturing,

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