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Tag Archives: business news

Bank of Korea cuts rates of interest for the fourth time in bid to strengthen enlargement

Bank of Korea cuts rates of interest for the fourth time in bid to strengthen enlargement

This photograph taken on Nov. 24, 2022 displays the development of Bank of Korea BOK in Seoul, South Korea. South Korea’s central financial institution on Thursday raised its coverage charge to curb inflation, turning in six back-to-back charge hikes for the primary time. (Photo by way of Wang Yiliang/Xinhua by …

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Nvidia CEO Jensen Huang explains why chip exports to China are strategically necessary

Nvidia CEO Jensen Huang explains why chip exports to China are strategically necessary

In a Wednesday interview with CNBC’s Jim Cramer, Nvidia CEO Jensen Huang defined why he thinks it is essential to export his corporate’s synthetic intelligence generation to China, pronouncing business with the rustic is necessary if the U.S. desires to be an international chief in AI. “That’s probably the most …

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Xi desires to spice up China’s complex production prowess — and Trump won’t find it irresistible

Xi desires to spice up China’s complex production prowess — and Trump won’t find it irresistible

A employee works in a workshop of a textile merchandise production endeavor in Qingzhou Economic Development Zone in Qingzhou City, Shandong Province, China, on May 10, 2025. Costfoto | Nurphoto | Getty Images Forget the manufacturing facility strains for socks, shoes and T-shirts. U.S. President Donald Trump desires to spice …

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Tesla traders call for Musk paintings 40-hour week at EV maker as ‘disaster’ builds

Tesla traders call for Musk paintings 40-hour week at EV maker as ‘disaster’ builds

Elon Musk interviews on CNBC from the Tesla Headquarters in Texas. CNBC Elon Musk must spend extra time at Tesla as his electrical automobile corporate faces a “crisis,” in keeping with a letter on Wednesday from a gaggle of pension fund leaders who organize investments within the corporate. “Tesla’s stock …

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HP sinks 15% as corporate misses on income, steering because of ‘added price’ from price lists

HP sinks 15% as corporate misses on income, steering because of ‘added price’ from price lists

Sopa Images | Lightrocket | Getty Images HP reported second-quarter effects that beat analysts’ estimates for earnings however overlooked on income and steering, partly because of President Donald Trump’s sweeping price lists. Shares sank 15% after the document. Here’s how the corporate did as opposed to analysts’ estimates compiled through LSEG: …

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