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Angela Barnes

Tech News

Who is the man set to lead Apple into the world of AI?

John Ternus takes over as Apple's chief executive on Tuesday, inheriting a company that towers over the smartphone market but trails its rivals in artificial intelligence.

Markets

Oil prices rise as US-Iran tensions flare and Warsh fans rate hike

Oil prices climbed on Monday morning as tensions flared once again in the Middle East and as investors weighed a potential US rate hike.

Economy

Trump’s Venezuela oil deal: What it means for global crude markets

Besides a social media post from US President Donald Trump, the White House has said little about what he is calling “the biggest oil deal in world history” in Venezuela.

Tech News

Vintage computer collecting grows as the AI boom reshapes tech

As AI pushes the world into the future, vintage computer collectors are keeping alive the machines that helped shape the digital age.

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Business

TSMC and Sony to invest billions in advanced chip sensor plant

Sony Corp. and Taiwan Semiconductor Manufacturing Co. (TSMC) are planning to invest around $6.3 billion (€5.4bn) in a joint venture to produce advanced image sensors in Japan, according to Nikkei.

Markets

Oil prices rise as traders assess US-Iran Strait of Hormuz deal

Crude gains as traders watch for progress in US-Iran talks that could pave the way for a deal to secure passage through the Strait of Hormuz.

Business

HSBC profit jumps as bank unveils major share buyback plan

British banking giant HSBC said on Tuesday it would buy back up to $1 billion (€0.86bn) of shares after reporting a sharp rise in first-half profit.

Business

BP profit more than doubles as Middle East conflict boosts oil prices

British energy giant BP said on Tuesday that its net profit more than doubled in the second quarter as the Middle East war roiled oil and gas markets.

Business

TotalEnergies to buy Shell's wind and solar businesses in Europe

French energy giant TotalEnergies said that it had signed a deal with Shell to buy its European onshore renewable energy businesses for an undisclosed amount.

Markets

Oil rebounds as markets trade mixed following Wall Street rally

European markets opened slightly higher on Tuesday morning, while Asia-Pacific shares were mixed overnight following a Wall Street rally supported by easing oil prices.

Business

Oil majors profit as US-Iran fighting drives energy prices higher

Oil and gas giants raked in massive spring profits while fighting between Iran and the US impeded petroleum shipments and consumers around the world paid more for fuel and confronted shortages.

Tech News

AI demand keeps consumer prices high in 'RAMaggedon' chip crunch

Price rises for goods such as laptops and smartphones, with cars potentially next, have been an unwelcome side-effect of the artificial intelligence gold rush — and the squeeze is far from over.

Markets

Oil prices lower on Middle East hopes and as OPEC+ boosts production

Oil prices were lower on Monday morning after OPEC+ boosted production for September and US President Donald Trump called off a planned strike on Iran, putting downward pressure on prices.

Markets

Shares slip as chip stocks come under heavy selling: Here's why

South Korea's Kospi index plunged more than 10% on Tuesday morning as chipmaking stocks came under heavy selling amid renewed concerns over whether the artificial intelligence boom can be sustained.

Business

Elon Musk's X adds banking service in 'everything app' push

Elon Musk's social media app X on Monday began offering its X Money banking service to all US subscribers of its paid Premium and Premium+ tiers, part of the multi-billionaire's ambition to turn the site into an "everything app."

Markets

China memory chipmaker CXMT's shares soar in blockbuster listing

Shares of CXMT, China's largest memory chipmaker, soared on Monday after they began trading in Shanghai in mainland China’s biggest initial public stock offering in recent years.

Markets

Oil prices plunge as US and Iran pause strikes over Strait of Hormuz

Oil prices eased in early trading on Monday, falling further from a two-month high set last week, after the United States and Iran refrained from launching military strikes in the Persian Gulf.

Economy

Trump imposes 50% tariffs on Canadian goods citing disputes over autos

President Donald Trump on Monday imposed 50% tariffs on most Canadian goods, declaring that Canada has unfairly discriminated against American autos, alcohol and dairy products.

Markets

Oil prices rise as fighting between US and Iran intensifies

Oil prices rose on Monday morning as fighting between the US and Iran intensified, fuelling concerns over disruptions to energy shipments through the Strait of Hormuz.

Markets

Oil prices extend run higher as fighting flares in the Middle East

Oil prices climbed early Tuesday as fighting intensified in the Middle East, while Asian shares declined, dragged lower by losses for artificial-intelligence stocks.

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