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Financial Markets

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Tough competition, weak economy hits European investments in China
European firms cut spending amid economic slowdown in China

BEIJING, China: European companies are spending less and cutting back on investment plans in China because the Chinese economy is slowing...

GameStop makes $513 million bitcoin bet in digital asset shift
GameStop buys $513 million in bitcoin to fuel crypto strategy

GRAPEVINE, Texas: GameStop has taken a significant step into the world of cryptocurrencies, revealing this week that it has purchased...

US housing outlook dims as buyers await lower rates, BofA finds
Uncertainty hits US homebuyers as mortgage rates climb again

NEW YORK CITY, New York: Rising mortgage rates and economic uncertainty are leaving many Americans unsure about whether to buy a home—just...

Texas bill targets app store access for minors, awaits governor’s nod
Texas set to require age checks on Apple and Google app stores

SAN FRANCISCO, California: Texas is set to become the first major U.S. state to require Apple and Google to verify the age of users...

US optimism rises after tariff pause, survey shows
US consumer confidence rebounds in May, but tariff fears linger

WASHINGTON, D.C.: After months of steady decline, U.S. consumer confidence saw a significant rebound in May—buoyed in part by a temporary...

U.S. stocks end day, week, month with mixed performances
Wall Street closes out week with lackluster performance

NEW YORK, New York - Uncertainty over trade tariffs kept invetsors and tradersv at bay on Friday with the major indices finishing mixed....

Technology

Section
Amazon to use New York Times content to train Alexa AI
New York Times strikes first AI licensing deal with Amazon

SEATTLE, Washington: Amazon has struck a significant deal with The New York Times to license its journalism for use in AI tools like...

Texas bill targets app store access for minors, awaits governor’s nod
Texas set to require age checks on Apple and Google app stores

SAN FRANCISCO, California: Texas is set to become the first major U.S. state to require Apple and Google to verify the age of users...

Nvidia targets China’s data market with new AI chip
Nvidia plans cheaper AI chip for China amid US curbs

BEIJING/TAIPEI: Facing mounting U.S. export restrictions, Nvidia is preparing to launch a new, lower-cost artificial intelligence chip...

Chinese coastal city blazes growth trail with fire safety industry
Chinese coastal city blazes growth trail with fire safety industry

SHIJIAZHUANG, June 2 (Xinhua) -- Tucked along China's northern coast, the city of Qinhuangdao in Hebei Province is best known for Shanhaiguan...

India and China are promising alternatives for investment, says Mirae Asset VC
India and China are promising alternatives for investment, says Mirae Asset VC

New Delhi [India], June 2 (ANI): India and China emerge as promising alternatives for investments, said Mirae Asset Securities Vice...

Trump withdraws nomination of Issacman to lead NASA, days after Musk departs from White House
Trump withdraws nomination of Issacman to lead NASA, days after Musk departs from White House

Washington DC [US], June 1 (ANI): President Donald Trump has withdrawn the NASA nomination of Jared Isaacman, a billionaire tech entrepreneur...

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