Under pressure from Beijing’s chokehold on rare earths and the simmering feud over chipmaker Nexperia, EU officials have been asked to tone down their public rhetoric on Beijing, even as the bloc moves forward aggressively with its de-risking plans. Brussels is in “de-escalation mode”, several official sources confirmed, as it looks to convince China to…
(Bloomberg) — Chinese investors hunting for the next artificial intelligence winners are looking beyond high-flying chipmakers to the utilities and metal producers that form the industry’s physical backbone. The shift toward the sector’s supply chain — from power generators to materials used in data centers — reflects growing concern over lofty valuations in pure-play AI…
14 Nov – Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Sign up here. Hello Morning Bid readers! The end of the U.S. government shutdown may be an example of “buying the rumor and selling the news”, as Wall Street tumbled on…
The European Union is gearing up for a new probe into Google’s parent company, Alphabet, focusing on how it ranks news publishers on search results. This action comes as Donald Trump considers new tariffs in response to the EU’s digital regulations. Meanwhile, SSE, a prominent UK energy group, has announced a sweeping 33 billion-pound…
Brussels and Beijing are both to blame for their strained ties and clear communication is needed to handle sensitive issues like Taiwan and rare earths, according to a veteran business leader and China watcher. Joerg Wuttke, former president of the European Union Chamber of Commerce in China, said the 27-member bloc should also redouble efforts…
Financials lead gains, ABN Amro rises on earnings SSE seeks to raise $2.7 bln for grid investments, shares soar Infineon raises 2026 sales target for AI power supply segment Nov 12 (Reuters) – European shares logged a second consecutive record close on Wednesday, boosted by financials as investors were relieved by a potential end to…
DUBLIN, Nov 12 (Reuters) – Ireland’s media regulator began an investigation into social media platform X on Wednesday over concerns it is not giving users a chance to appeal content moderation decisions and that its internal complaint-handling systems are not easy to access. The investigation will assess Elon Musk-owned X’s compliance with parts of the…
Nov 12 – What matters in U.S. and global markets today By Mike Dolan, opens new tab, Editor-At-Large, Finance and Markets Sign up here. Markets have already effectively priced in the U.S. government’s reopening on Monday, with today’s House vote to restore funding, opens new tab through January seen as a formality. Attention has now…
Chinese President Xi Jinping has vowed to increase imports from Spain and deepen trade collaboration with Madrid in Latin America, amid rising tensions with Europe. Xi made the pledge during a meeting with Spain’s King Felipe in Beijing on Wednesday. “China is willing to import more high-quality products from Spain, explore cooperation potential in emerging…
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