Page 23 - Bloomberg/reuters

Wall Street bank chiefs hold most power since the 2008 global crisis

With Citigroup CEO Fraser adding title of chair this week, it's first time during modern US financial landscape that CEOs of all biggest banks also sit atop their boards

Oil disruption widens as China halts some Russia buys after US sanctions

The majors have begun to assess the curbs, as well as similar moves by the EU, according to people with knowledge of the situation, asking not to be identified discussing sensitive issues

Six Wall Street bank chiefs hold most power since 2007 global crisis

With Citigroup Inc. Chief Executive Officer Jane Fraser adding the title of chair this week, it's the first time during the modern US financial landscape that the CEOs of all the biggest banks also si

US eyes land strikes next after Venezuela drug boat attacks, says Trump

Striking targets on land would be a major escalation in tensions with Venezuela. In September, Venezuelan President Nicolás Maduro ordered indefinite deployments of troops and assets across five state

UK car production down 27% as Jaguar Land Rover cyberattack disrupts output

JLR is slowly resuming operations after the cyberattack forced the UK's largest carmaker to stop making any vehicles for more than five weeks

How NBA players and NY mafia families allegedly ran a gambling scheme

Just days into the 2024-25 season, US pro basketball was shaken by news Thursday of wide-ranging federal indictments involving alleged illegal gambling

Trump seeks quick wins on trade, fentanyl and rare-earths in key Xi meeting

Trump has also floated an elusive agreement on nuclear weapons and expressed a desire to convince Xi to pressure Russian President Vladimir Putin to end his invasion of Ukraine

Google to supply AI chips to Anthropic in multibillion-dollar deal

The arrangement gives Anthropic vastly more computing capacity while cementing Google's position as both a major investor and key infrastructure provider in the race to power large AI models

Russia seeks ways to bypass US oil sanctions to protect state budget

Russia has a month to prepare before the restrictions take full effect and it'll use that time to adapt to the new situation, said Russian official

Binance co-founder Changpeng Zhao granted pardon by Trump administration

The move marks the latest act of clemency the White House has granted to a crypto entrepreneur, underscoring how the Trump administration has positioned itself as a friend of the industry

EU imposes new sanctions on Russian energy, joins US in pressure campaign

The EU will also tighten a transaction ban on two major Russian oil companies and sanction 117 additional so-called shadow fleet vessels

India's Russian oil imports may dry up as US sanctions hit Rosneft, Lukoil

Latest sanctions will mean that orders due to be placed over the coming week - for crude that will load in November and deliver in December - will now be overwhelmingly from other destinations

Carney unveils Canada's talent attraction plan amid US H-1B visa changes

The prime minister has previously said he wants to attract employees from the technology sector who might have otherwise gone to the US if not for President Donald Trump's new visa charges

Tesla profit tumbles 31% despite record sales of EVs as costs rise

Elon Musk highlighted Tesla's Q3 AI and robot projects and his trillion-dollar pay plan, but gave few details on reviving EV sales after a 40 per cent profit drop

University of Virginia signs deal with Trump admin, secures federal funding

As part of the accord, the university agreed to provide the government with data on its admissions and hiring processes, as well as campus programming, through 2028

Trump planning to demolish White House East Wing to build new ballroom

Trump unveiled his ballroom plans over the summer, after long complaining about wanting a larger room for entertaining at the White House

Samsung now taking bigger role in making Tesla chips, says Elon Musk

In July, Musk said Samsung made Tesla's AI4 chip and would produce the next-gen AI6, while TSMC handles the current in-development version

Anthropic in talks with Google for multibillion-dollar cloud deal

The plan, which has not been finalized, involves Google providing cloud computing services to Anthropic, according to the people

Prince Harry, Geoffrey Hinton call for ban on AI superintelligence

In a statement organised by the nonprofit the Future of Life Institute, the group of scientists and other public figures advocated for a prohibition on the development of superintelligence

China's $1 bn of daily US exports show Xi Jinping's bargaining power

Despite double-digit drops in the value of overall trade during the past half a year, some products have recently seen an increase from 2024