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US Fed slashes rates by 25 bps, expects steady pace of cuts coming

Only new Governor Stephen Miran, who joined the Fed on Tuesday and is on leave as the head of the White House's Council of Economic Advisers, dissented in favor of a half-percentage-point cut

US and China have larger agendas to resolve, says Nvidia CEO Huang

Successive US administrations have restricted China's access to advanced chips, while Beijing has responded to the curbs by pressing domestic firms to turn away from American suppliers

EU Commission moves to suspend Israeli trade benefits over Gaza conflict

EU foreign policy chief Kaja Kallas also proposed a package of sanctions on two Israeli ministers, as well as "violent" Israeli settlers and 10 senior members of Palestinian militant group Hamas

King Charles III welcomes Trump at Windsor as US president begins UK visit

Prince William and his wife Catherine were on hand to meet the president and first lady Melania Trump, walking them over to be greeted by the king and Queen Camilla

Ben & Jerry's co-founder exits after feud with Unilever over Gaza

Ben & Jerry's has in recent months been a lonely voice among well-known brands speaking out on issues like Gaza and President Donald Trump's immigration stance

Nestle chairman Paul Bulcke to step down days after CEO dismissal

Bulcke will be succeeded by Vice Chairman Pablo Isla, effective October 1. Bulcke was earlier supposed to hand over the reins to Isla in April 2026

China tells technology companies to stop buying Nvidia's AI chips

"We can only be in service of a market if a country wants us to be," Huang said at a press conference in London, in response to a question about the CAC

Rice stocks climb 14% to hit record, wheat at four-year high, shows data

State reserves of rice, including unmilled paddy, totalled a record 48.2 million metric tons as of September 1, far exceeding the government's target of 13.5 million tons for July 1

Groq more than doubles valuation to $6.9 bn as investors bet on AI chips

Groq, founded by a former Alphabet engineer, is among a long list of new chip players looking to capitalize on hundreds of millions of dollars in investments on AI infrastructure

EU eyes deeper partnership with India despite concerns over Moscow ties

The European Union and India are in the final stages of negotiating a free trade agreement both sides aim to conclude by the end of the year

Govt unlikely to raise export duty soon on low-grade iron ore, pellets

The government has been considering raising the export duty to between 20 per cent and 30 per cent, from zero now

Adani-led Sri Lanka container terminal to double capacity ahead of deadline

Once the final phase is complete, the terminal will have the capacity to handle 3.2 million containers annually

KPI Green Energy to raise $363 million from SBI, says CFO Salim Yahoo

The loan approval comes amid the Indian government's green energy push targeting 500 gigawatts of non-fossil capacity by 2030

Why Trump's renewed push to nix quarterly reporting may succeed this time

Trump on Monday called for the SEC to allow US-listed companies to issue periodic disclosures every six months instead of requiring quarterly reports

GSK plans $30 billion US investment as pharma tariff threat looms

The company said its new facilities will bridge R&D and manufacturing across both the US and UK, strengthening the two countries' leadership in life sciences

US retail sales rise strongly; softening labour market a headwind

The third straight month of solid gains in sales reported by the Commerce Department on Tuesday is unlikely to prevent the Federal Reserve from cutting interest rates on Wednesday

Trump says US has a buyer for TikTok; may need approval from Congress

The Trump administration has repeatedly declined to enforce a law requiring the app to shut down due to worries it would anger the app's millions of users and disrupt political communications

Disney, Warner Bros Discovery sue China's MiniMax over copyright violation

Disney, Universal, Warner Bros Discovery sue China's MiniMax for copyright infringement

Silver imports likely to gain momentum from strong investment demand

Higher imports by the world's biggest silver consumer could give further support to global prices that are close to their highest level in 14 years

Jaguar Land Rover extends UK factory shutdown to Sept 24 after cyberattack

The luxury carmaker, owned by India's Tata Motors, said it shut down its systems in early September to contain the hack that has severely disrupted its retail and manufacturing operations