Nvidia expects $5.5bn hit as US tightens chip export rules to China
The chip manufacturing giant, which has been at the heart of the AI boom, will require licences to export its H20 AI chip to China.
Business
‘A number of businesses in limbo’ in China after US tariffs on imports
BBC China correspondent Laura Bicker has been speaking to companies at the world’s longest running import-export fair.
A UK-US deal sounds good but it is all about the detail
Britain is being taxed by US despite having no trade deficit but the UK may have some leverage.
China’s Xi urges Vietnam to oppose ‘bullying’ as Trump mulls more tariffs
Trump called Xi’s meeting with Vietnamese leaders a ploy to figure out how to ‘screw’ the US.
Pay continues to grow in UK but faces pressure
Average wages rose by 5.9% between December and February while vacancies shrank.
Supplies to be sent to Scunthorpe to keep blast furnaces going
Coking coal and iron ore from the US will keep the British Steel blast furnaces running for the coming weeks, says the government.
Biggest choice of low-deposit mortgages for 17 years
First-time buyers will welcome the greater choice although prices are still on the rise.
Finland’s bid to win Europe’s start-up crown
Helsinki wants to become a top European start-up hub, but can it challenge London and Stockholm?
Parents ‘punished’ by highest childcare costs in Britain
Childcare costs for parents of under-twos in Wales are more expensive than anywhere else in Britain.
US stock markets rise on Trump tariff rollback
The US president exempts some Chinese goods such as smartphones from levies but says it is temporary.
Engineering giant Wood receives £242m takeover bid
The board of the Aberdeen-based firm says it would be “minded to recommend” the latest takeover deal.
Pram appeal as charity sees rising demand
The charity, which has given 32 pushchairs to families in need this year, appeals for more donations.
Those struggling in Medway can claim share of £4m
The money will come from the Household Support Fund which has been extended for another year.
Was China the reason Guyana faced higher Trump tariff?
A Guyanese political commentator says Washington objects to Beijing’s “very strong foothold” in the country.
News24 Business | OPINION | The danger of ignoring the business rescue mechanism
When a company is teetering on the edge of financial distress, the board’s response—or lack thereof—can define its future, impacting not just shareholders but all stakeholders involved, says Eric Levenstein.
News24 Business | Ten trading days that shook financial markets
The pain, said Shuntaro Takeuchi, was 10 out of 10. Not in the portfolio of Japanese stocks he runs out of Palo Alto, California, but in his appendix.