Business

A worrying admission from Business Secretary Peter Kyle suggests the government’s £2.5 billion steel rescue fund may be largely spoken for before the first new furnace is even built. Kyle …

Raphael W. Bostic, the president of the Federal Reserve Bank of Atlanta, is retiring six years early. Bostic, 59, will step down in February, creating a new vacancy on the …

A “very liberal, expansive approach” by the US Commerce Department to tariff requests has fueled a new, massive submission from American industry. After a near-100% success rate in August, US …

Apple’s new “Linwood” Siri will be powered by Google’s 1.2 trillion parameter Gemini AI, but with a critical catch: the AI will be hosted on Apple’s “Private Cloud Compute” servers. …

In a clear case of déjà vu, Norway’s sovereign wealth fund is rejecting a massive pay package for Elon Musk, just months after his previous $56 billion deal was voided …

The blacklisting of Yulong Petrochemical has sent a “terrifying” message to China’s private “teapot” refiners, who are now shunning Russian crude. This move, combined with US sanctions on Rosneft and …

A striking paradox is defining the AI era: Nvidia, the lead supplier, has soared to a $5.05 trillion valuation, while its corporate customers are struggling, with “nearly all AI pilot …

President Donald Trump appears confident that he can de-escalate the trade war in his “big meeting” with Chinese President Xi Jinping this Thursday. The two leaders will meet at the …

Elon Musk delivered a stark choice to Tesla investors at the end of an earnings call: ratify his $1 trillion pay package or risk his ouster based on “asinine recommendations.” …

A growing controversy over an ad featuring Ronald Reagan  has prompted president Donald Trump to halt all trade talks with Ottawa. The ad, sponsored by the Canadian  province of Ontario, …