cnbc_topnews
馃摪 source: cnbc_topnews 路 馃摎 research the senate passed a russia sanctions bill 86-11 on friday, sending it to the house. the legislation, named the lindsey o. graham sanctioning russia and iran act of 2026, targets countries that buy russian crude oil or gas with tariffs up to 100%. it also sanctions
cnbc_topnews
馃摪 source: cnbc_topnews 路 馃捈 business gold bulls spent about $180 million on friday betting on further gains, with nearly $100 million in gld call options and over $80 million in gdx calls, according to spotgamma data. the buying came after gold fell 25% from its january high and then went sideways
cnbc_topnews
馃摪 source: cnbc_topnews 路 馃捈 business hugging face ceo cl茅ment delangue told cnbc china is clearly dominating on open models and could start dominating at the frontier by end of this year or next. chinese models are closing the gap with u.s. frontier systems despite limited access to cutting-edge compute. beijing-based
theguardian_business
馃摪 source: theguardian_business 路 馃捈 business donald trump ordered a new 15% tariff on imported polysilicon, a key ingredient in microchips and solar panels. the tariff takes effect 4 december and targets china, the main producer of the material. the white house says it will protect us supply chains for ai and
cnbc_topnews
馃摪 source: cnbc_topnews 路 馃捈 business volkswagen's controlling shareholders, the porsche and pi毛ch families, demanded a faster overhaul at the german auto giant as it weighs what could be the most radical restructuring in its 89-year history. europe's biggest carmaker confirmed it's looking to cut up
cnbc_topnews
馃摪 source: cnbc_topnews 路 馃捈 business china's exports jumped 23.9% in july in dollar terms, beating forecasts for 22.2% but slowing from june's 27% surge. imports rose 27.5%, just under the expected 27.9% and easing from june's 36% jump. a global build-out
bbc_business
馃摪 source: bbc_business 路 馃捈 business president trump signed an executive order on thursday imposing a 15% tariff on polysilicon imports, a key material for semiconductors and solar panels. the order also sets minimum import prices and follows a national security investigation. the move targets china, which holds a near monopoly on
cnbc_topnews
馃摪 source: cnbc_topnews 路 馃捈 business copper jumped to a record high thursday, with u.s. futures touching around $6.90 a pound before retreating. the rally used to signal stronger global growth, but this time it's harder to read. analysts point to constrained supply, heavy grid investment, tariff uncertainty,
cnbc_topnews
馃摪 source: cnbc_topnews 路 馃捈 business general motors and china's saic motor extended their decadeslong joint venture for another 20 years, keeping it alive to 2047. the deal was set to expire next year. gm declined to share financial details, and the news comes as the u.s. and china
cnbc_topnews
馃摪 source: cnbc_topnews 路 馃捈 business beijing issued surprise tax on offshore trusts used by china's ultra-rich, hitting them with a 20% levy at nearly every stage of a trust's life. the rules, released july 24, apply retroactively to assets transferred since start of 2023, with a 90-day
theguardian_business
馃摪 source: theguardian_business 路 馃捈 business the trump administration is reportedly drafting a ban on us imports of new chinese datacenter components, specifically optical transceivers that move data through fiber-optic cables. four people familiar with the matter told reuters the federal communications commission is developing the measure and hopes to publish it
bbc_business
馃摪 source: bbc_business 路 馃捈 business twenty five us states sued the trump administration on monday over new tariffs of 10% to 12.5% on goods from 60 trading partners. the tariffs took effect in july, hitting countries including the uk, china, and the eu, with washington citing failures to tackle forced