Workers assemble an Volkswagen’s ID.3 GTX FIRE+ICE electric car on a production line at the Volkswagen electric car factory on October 13, 2025 in Zwickau, Germany. Jens Schlueter | Getty Images News | Getty Images Automotive industry groups have raised the alarm over the ramifications of China’s latest move to restrict critical rare earth exports,…
BANGKOK — BANGKOK (AP) — Shares swung higher Wednesday in Europe and Asia, supported by buying of technology shares, as hopes for a U.S. interest rate cut helped to offset worries over simmering trade tensions between Washington and Beijing. Gold rose to new highs, hitting $4,217 per ounce. The precious metal has soared nearly 60%…
Wednesday 15 October 2025 8:03 am Share Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp Email Share on Email According to Bain’s findings, the world will need around $2tn in annual revenue to fund the compute power required for AI by 2030. Despite mounting speculation of a…
MILAN — MILAN (AP) — Fendi on Tuesday named Maria Grazia Chiuri as its new creative director, replacing Silvia Venturini Fendi, who stepped aside last month to become honorary president of the fashion house founded by her grandparents and now owned by the French luxury conglomerate LVMH. Chiuri’s first collection for the Rome-based fashion house…
MILAN — Fendi on Tuesday named Maria Grazia Chiuri as its new creative director, replacing Silvia Venturini Fendi, who stepped aside last month to become honorary president of the fashion house founded by her grandparents and now owned by the French luxury conglomerate LVMH. Chiuri’s first collection for the Rome-based fashion house will be previewed…
In an aerial view, a container ship arrives at the Port of Oakland on October 10, 2025 in Oakland, California. U.S. President Donald Trump is threatening to impose a massive increase of tariffs on Chinese imports in response to China’s announcement of new export controls on rare earths. China controls an estimated 70% of the…
LONDON–(BUSINESS WIRE)–Oct 14, 2025– The latest research from Omdia reveals that the global smartphone market grew 3% year on year in 3Q25, signaling a return to growth momentum driven by major product launches during the quarter. The rebound was boosted by strong replacement demand as well as several vendors preparing inventories across the channel ahead…
China’s pledge to choke off shipments of rare earth elements could wreak havoc on tech giants like Apple and Tesla as well as big US military contractors – and experts called it a major bargaining chip as Beijing haggles with President Trump over tariffs. US companies and investors alike are scrambling to assess the impact…
One of the newest tenants of Trump Tower in New York City is a startup investment bank called Dominari Holdings Inc. It’s located only two stories below the headquarters of the Trump Organization—a proximity that Dominari’s president, Kyle Wool, considers a point of pride. Wool spent years cultivating a relationship with the Trump family, and…
The buzz of clippers fills the air as Gunn High School senior Reza Nasser leans in, carefully shaping a fade. His client, a classmate from AP Spanish, laughs mid-conversation, trusting Nasser’s steady hand. Cutting hair is more than just a hobby for Nasser — it’s a way to learn, connect and get closer to his…