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U.S. President Donald Trump and Indian Prime Minister Narendra Modi meet in the Oval Office of the White House on February 13, 2025 in Washington, DC.Andrew Harnik | Getty Images News | Getty Images India and the European Union on Tuesday announced a “groundbreaking” free trade agreement that will eliminate or reduce tariffs on more than 90% of goods traded between the two countries. The deal, nearly two decades in the making, will see India lower tariffs in two of its most politically sensitive sectors: agriculture and automobiles. The agreement also lands amid a wave of expansion in bilateral trade…
Three weeks ago, Elon Musk’s AI company xAI announced it had raised $20 billion in a Series E funding round. Now it turns out that Tesla is one of the investors. Tesla said in a letter to shareholders Wednesday that it has invested $2 billion in xAI, the Grok chatbot startup that also owns Musk’s social media company X. Previously disclosed investors in xAI include Valor Equity Partners, Fidelity, Qatar Investment Authority, as well as NVIDIA and Cisco as “strategic investors.” This is a truly circular deal, and Tesla shareholders voted against it last year. In November, Tesla asked shareholders…
An employee moves a semiconductor tester on an assembly line at an Advantest factory in Oura, Japan, on August 10, 2012.Tomohiro Osumi | Bloomberg | Getty ImagesStock prices of Japanese semiconductor manufacturing equipment manufacturers Advantest Shares rose as much as 14% on Thursday, when the company posted record quarterly sales, but have since risen only about 7%.Operating profit for the October-December period soared to 113.6 billion yen ($741.8 million), a 64% increase from the same period last year. The company on Wednesday raised its operating profit forecast for the fiscal year ending March 2026 to 454 billion yen, an increase…
Latest information on Spanish Gaby Duarte believed the United States would protect her family who fled political persecution in Venezuela. “We would feel safe there, well, we would feel safe in the United States,” she recalled, tearfully recounting how her husband Carlos Garcia, a former Venezuelan mayor and opponent of the Maduro regime, persuaded her to move to Ohio. That sense of security was shattered Friday when Mr. Garcia was jailed by U.S. immigration authorities rather than Venezuelan security forces. He was arrested by ICE agents during a routine immigration check and is currently awaiting trial at the Butler County…
British Prime Minister Keir Starmer stands in Downing Street in London, England, on January 27, 2026. Jack Taylor | Getty Images News | Getty ImagesBEIJING – Around 60 British businesses and cultural organizations will be participating in British Prime Minister Keir Starmer’s first state visit to China this week, his first state visit in eight years.Starmer will meet with Chinese President Xi Jinping and Premier Li Qiang on Thursday to discuss trade, investment and national security, Britain’s official statement said.This group includes financial industry leaders such as: HSBC Group Chairman Brendan Nelson and Aberdeen Group CEO Jason Windsor.aircraft giant airbusJohn…
Mark Zuckerberg spoke about Meta’s ambitions for its AI smart glasses business during Meta’s Q4 2025 earnings call on Wednesday. After pivoting its Reality Labs investment away from Metaverse, Meta is doubling down on its production of AI wearables and its own AI models. “Billions of people wear glasses or contacts to correct their vision, and I think we’re at a similar point in time to when smartphones came out. It was clearly a matter of time before all these flip phones became smartphones,” Zuckerberg said. “It’s hard to imagine a world in a few years where most of the…
Federal Reserve Chairman Jerome Powell pauses during a press conference after the Federal Open Market Committee meeting in Washington, DC, on January 28, 2026. Kevin Dietch | Getty Images As expected, the US Federal Reserve kept its key interest rates unchanged at a range of 3.5% to 3.75%. But what investors were really looking at were signs that the independent central bank had political marks.Much of the meeting and press conference focused on the U.S. economy and labor market, which the Fed reassuringly believes has improved since its last meeting. However, Mr. Powell has filed a lawsuit against Fed Director…
I love Valentine’s Day in any season of life, whether I’m single, in a relationship, or even when I’m “complicated.” I love any excuse to dress head to toe in pink, decorate my apartment with hearts, and eat chocolate like a food group. I often use February as an excuse to dress according to a theme. The more cupids, hearts, and romantic accessories, the better. And lucky for you, Kate Spade just dropped the price on its chicest V-day-coded wristlets. Yours Truly Envelope style is currently only $69 (compared to $289). Available in a gradation of seasonal shades of red,…
Mining stocks have tumbled as multiple metals repeatedly shatter records, but analysts are divided on whether this will continue. February gold futures It hit a record of $5,100 an ounce on Sunday. March silver futures The next day, it reached a high of $115.5 per ounce. Investors tend to flock to gold during times of uncertainty as it is seen as a safe haven, and silver tends to track the yellow metal.Copper prices have also increased significantly since August, after a significant drop in prices, likely driven by demand from electrification and the hardware in which copper is used. The…
Mark Zuckerberg says Meta users will start seeing the company’s new AI models and products in the coming months. “In 2025, we rebuilt the foundation of our AI program,” Zuckerberg said on an investor call Wednesday, referring to the company’s recently reorganized AI lab. “Over the coming months, we will begin shipping new models and products…and we look forward to steadily pushing the frontier through the new year.” However, Zuckerberg did not provide specific timelines or products, but highlighted AI-driven commerce as an area of particular focus for Meta. “This has implications for commerce,” Zuckerberg continued. “Our new Agent Shopping…