Month: June 2025
World’s biggest sovereign wealth fund says EU markets need single regulator
The Norges Bank, Norway’s central bank, in Oslo, Norway, on Tuesday, Oct. 17, 2023. Bloomberg | Bloomberg | Getty Images The world’s largest sovereign wealth fund will this week tell the European Union that “better and simpler regulation” is key to the markets reforms it urgently needs. “European markets over time have fallen behind in […]
Read More
Warner Bros. Discovery to split into two public companies by next year
Warner Bros. Discovery plans to split into two public companies by next year, the media giant announced Monday, the latest upheaval in the industry as consumers transition from cable to streaming. Warner Bros. Discovery will separate into Streaming and Studios, which will include its movie properties and streaming service HBO Max, and Global Networks, which […]
Read More
Job market is ‘trash’ right now, career coach says — here’s why
Key Points It’s a tough market for job seekers, especially recent graduates, experts said. Employers are hiring at the slowest pace in more than a decade, even as unemployment and layoffs are relatively low. Don’t underestimate the power of building personal connections and networking while hunting for a job, one expert said. Source
Read More
Nvidia’s Huang says programming AI is now like training a person
Nvidia CEO Jensen Huang says artificial intelligence is the “great equalizer” because it lets anyone program using everyday language. Speaking at London Tech Week on Monday, Huang said that, historically, computing was hard and not available to everyone. “We had to learn programming languages. We had to architect it. We had to design these computers […]
Read More
Nvidia CEO says the UK is in a ‘Goldilocks’ moment: ‘I’m going to invest here’
Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference in Taipei on May 21, 2025. I-hwa Cheng | Afp | Getty Images LONDON — Nvidia CEO Jensen Huang poured praise on the U.K. on Monday, promising to boost investment in the country’s artificial intelligence sector with his multitrillion-dollar semiconductor company. “The […]
Read More
China extends an olive branch to Western auto giants over rare earth shortage
Workers assemble cars on the assembly line at the Volkswagen automobile factory on March 07, 2025 in Wolfsburg, Germany. Sean Gallup | Getty Images News | Getty Images China appears to have offered U.S. and European auto giants something of a reprieve after industry groups warned of increasing production threats over a rare earth shortage. […]
Read More
China and U.S. trade officials to hold talks in London
TangMan Photography | Getty Images U.S. President Donald Trump’s top trade officials are meeting their Chinese counterparts in London on Monday for talks aimed at resolving an ongoing trade dispute between the world’s two largest economies. U.S. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer are representing the U.S. China’s […]
Read More
UK finance watchdog teams up with Nvidia to let banks experiment with AI
Key Points The U.K.’s Financial Conduct Authority announced the Supercharged Sandbox, a partnership with Nvidia that aims to help banks safely experiment with AI. The initiative is designed for financial services firms in the “discovery and experiment phase” with AI, the FCA said. Banks have faced challenges shipping advanced new AI tools to their customers […]
Read More
Why the U.S. tax bill’s Section 899 could push European firms to list in the U.S.
The decision by U.K. fintech firm Wise to move its primary stock listing to the U.S. is the latest in a series of blows to the London market — and a new provision tucked inside a U.S. tax bill could make things even worse. Section 899 of President Donald Trump’s spending bill, which passed the […]
Read More
European markets head for higher open; U.S.-China trade talks to take place in London
Here are the opening calls LONDON, ENGLAND – MARCH 24: A red London double decker bus and a UPS delivery van pass across Waterloo Bridge in front of St. Paul’s Cathedral on March 24, 2025 in London, United Kingdom. (Photo by John Keeble/Getty Images) John Keeble | Getty Images News | Getty Images Good morning […]
Read More