Day: January 22, 2026
Nvidia’s Huang says AI boom will create ‘six-figure salaries’ for those building chip factories
Female Engineer Inspecting Control Panel and Taking Notes for Safety and Maintenance at Power Station Serts | E+ | Getty Images Nvidia CEO Jensen Huang has said the AI boom will create “six-figure salaries” for those building the factories supporting it — becoming the latest leader to recommend skilled trades as AI hits office jobs. […]
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Tougher stance on Trump is ‘very good for business’, says JP Morgan’s Europe boss as CEOs welcome tariff U-turn
Top CEOs have expressed relief after U.S. President Donald Trump backed away from further European tariffs, but told CNBC they were still prioritizing being resilient amid geopolitical instability and regionalization. Conor Hillery, JP Morgan‘s co-CEO for Europe, told CNBC European leaders’ tougher stance on Trump was “very good for business.” Trump announced Wednesday that he and NATO […]
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Ubisoft shares plummet 33% after Assassin’s Creed maker unveils reorganization, cancels six games
Ubisoft shares plunged 33% on Thursday morning after the maker of the “Assassin’s Creed” games announced a major organisational shakeup, alongside plans to shut studios and axe six games. The changes come following years of stock price decline, following the Covid-19 pandemic, after delays to major releases and financial struggles. The company said it expected […]
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‘Abnormal hatred’ between Putin and Zelenskyy making it hard to reach peace deal, Trump says
Russian President Vladimir Putin claimed Ukraine’s losses are eight times higher than those of Russia during an interview with Chinese media. Ludovic Marin | Afp | Getty Images An “abnormal hatred” between Russia and Ukraine’s leaders remains a barrier to ending the war, but a peace deal is getting closer, President Donald Trump said as […]
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Trump wants Nvidia to sell powerful AI chips to Beijing. Washington’s China hawks are pushing back
Niphon | Istock | Getty Images U.S. President Donald Trump’s plan to grant Nvidia licenses to ship some of its more powerful artificial intelligence chips to China is ruffling the feathers of some of Washington’s most prominent China hawks, including members of his own party. The pushback intensified this week with the U.S. House of […]
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Denmark open to ‘Golden Dome’ talks after Trump touts framework Greenland deal
Prime Minister Mette Frederiksen holds a press conference in the Mirror Hall at the Prime Minister’s Office, at Christiansborg in Copenhagen, Denmark, on January 13, 2026. Nurphoto | Nurphoto | Getty Images Danish Prime Minister Mette Frederiksen on Thursday welcomed U.S. President Donald Trump’s Greenland pivot, saying the country is prepared to hold talks with […]
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Europe must consider retaliating against Trump’s tariff ‘blackmail,’ business leaders tell CNBC
Business groups have told CNBC that the EU must consider retaliatory measures in response to U.S. President Donald Trump’s threats to impose tariffs on the bloc. The EU has frozen its EU-US trade deal in response to Trump announcing plans to impose 10% tariffs on six EU nations, alongside the U.K. and Norway from Feb. […]
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European markets set to rocket on Trump’s Greenland ‘deal,’ tariffs retreat
US President Donald Trump delivers a special address during the World Economic Forum (WEF) annual meeting in Davos on January 21, 2026. The World Economic Forum takes place in Davos from January 19 to January 23, 2026. Fabrice Coffrini | Afp | Getty Images LONDON — European stocks are expected to open higher Thursday after […]
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Fossil fuels are a ‘crutch’: How AI’s unlikely winner could be renewable energy
Stalled demand for energy in Europe pushed investors away from renewables, but artificial intelligence could see cash flow back into the sector, while also uplifting fossil fuels. Global electricity generation from renewables is expected to jump by 60% in 2030, accounting for 45% of total electricity output, per the International Energy Agency. Almost 50% of […]
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OpenAI seeking investments from Middle East sovereign wealth funds for multibillion-dollar round
Sam Altman, co-founder and CEO of OpenAI, takes part in a panel discussion on artificial intelligence at the Technical University Berlin, in Berlin, Germany, February 7, 2025. Axel Schmidt | Reuters OpenAI is in talks with sovereign wealth funds in the Middle East to try to secure investments for a new multibillion dollar funding round, […]
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