China’s Trade Surplus Reaches Record
China, on Monday, January 13, announced that its trade surplus in 2024 reached almost $1 trillion.
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HPE Reportedly Wins $1 Billion AI Server Deal
Hewlett Packard Enterprise Co. won a deal worth more than $1 billion to provide servers optimized for artificial intelligence, to social media platform X, owned by Elon Musk.
TSMC Posts Revenue
Taiwan Semiconductor Manufacturing Co. (TSMC) has released information on its revenue for the quarter ended in December.
China’s Aviation Sector Reports Profit
In China, the local civil aviation sector has reported making a profit.
US Job Growth Beats Expectations
In the United States, an unexpected acceleration in job growth was recorded in December.
SoftBank and Arm Reportedly Weigh Acquiring Ampere Computing
Japanese technology investor SoftBank Group and its majority-owned Arm Holdings are currently considering the possibility of concluding the deal with semiconductor company Ampere Computing backed by Oracle.
Country Garden Proposes Deal to Reduce Offshore Debt by $11.6 Billion
The Chinese property development company Country Garden has proposed to its offshore creditors the deal, which will reduce the debt of this firm by $11.6 billion.
China Orders Miners to Report More of Their Overseas Reserves
Beijing has ordered Chinese investors in foreign mining projects to report on their proven and prospective reserves of crucial minerals.
US Weekly Jobless Claims Fall
The number of Americans filing new applications for unemployment benefits dropped to an 11-month low last week.
Intel Says New Laptop Chips to Extend Computer Battery Life
Intel Corp., which is currently symbolically and practically fighting for its place in the sun in the global technology sector and in the notebook processor market particularly, where its position in terms of competitiveness has faced the prospect of a significant weakening in recent years amid increased competition, said that the new range of chips […]
Qualcomm’s New Chips to Bring AI to $600 Personal Computers
Qualcomm Technologies Inc. announced the Snapdragon X Platform, the fourth platform in its portfolio of Snapdragon X computing systems designed to deliver performance, multi-day battery life, and Copilot+PC experiences for even more users worldwide.
Donald Trump Announces $20 Billion Plan to Build New Data Centers
President-elect Donald Trump, who will return to the White House this month, announced that Hussain Sajwani, the Emirati billionaire businessman who founded the property development giant DAMAC Properties, will invest $20 billion in building data centers across the United States.
US Trade Deficit Increases
In November, an increase in the trade deficit was recorded in the United States.
UK’s Long-Term Borrowing Costs Demonstrate Growth
On Tuesday, January 7, in the United Kingdom, the cost of borrowing showed an increase after the auction of 30-year Treasury gilts brought yields on the long-term bonds reached the highest level in almost three decades.
Dell Unveils Apple-Like Rebrand
Dell Technologies Inc. is rebranding its personal computers in a manner reminiscent of Apple Inc. naming conventions in an effort to boost consumer demand.
UK Companies Plan Price Rises
The results of a survey by the British Chambers of Commerce showed that companies in the United Kingdom are currently planning to raise prices to cover higher tax payouts as business confidence has fallen to its lowest level since the fall of 2022 when the market was faced with a shock factor such as a […]
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