Browsing: Business

EU-China trade slowed in 2024, marking a decline in imports and exports, though China remained the EU’s largest import partner at 21.3%.

European Commission proposes to extend gas storage obligations until 2027, ensuring energy security and market stability.

Oil prices slipped as Brent crude dropped 3%, pressured by a sharp rise in US crude stockpiles and the OPEC+ decision to increase production.

Partner2Connect Digital Coalition reaches $73B in pledges, driving ITU’s mission to expand global connectivity and bridge the digital divide.

The U.S. saw a 32% drop in natural gas-directed rigs from 2022 to 2024, led by Haynesville and Appalachia, amid record-low prices and evolving technology.

Nvidia shares fall 9% as new tariffs take effect, erasing $265 billion in value and shaking investor confidence in the AI chipmaker.

Dow tumbles over 600 points as Trump confirms tariffs on Mexico and Canada, sparking fears of a trade war. Markets reel as investors brace for impact.

Amazon-backed Anthropic’s valuation soars to $61.5B after a $3.5B funding round, reinforcing its AI dominance.

TSMC to invest $100B in U.S. semiconductor manufacturing, expanding its Arizona presence to boost domestic chip production.

NVIDIA reports record Q4 revenue of $39.3B, up 78% YoY, fueled by AI demand. Full-year revenue surged 114% to $130.5B, led by Data Center growth and Blackwell AI supercomputers.