US Pressures Europe to Release Diesel Reserves or Face Export Ban
The Trump administration has urged Germany and France to release emergency diesel inventories to help ease global fuel prices, warning that the United States could consider restricting diesel exports if Europe does not act,...
Volantis Raises $88 Million to Tackle AI Chip Memory Bottlenecks
San Francisco-based semiconductor startup Volantis has raised $88 million in venture capital to develop technology aimed at addressing a major bottleneck in AI chips — the speed at which computing components can communicate with...
Broadcom’s $42 Billion Financing Deal Deepens Anthropic AI Partnership
Anthropic’s IPO prospectus has revealed an unusually broad relationship with chipmaker Broadcom, spanning compute supply, equipment leasing and financing. Broadcom has agreed to lend Anthropic up to $42 billion to help finance its infrastructure...
Jijin Jimmichan: The Entrepreneur Who Thinks Beyond Borders
How a young dream from Palakkayam travelled across continents, found its expression in Indian cuisine, survived a global crisis and evolved into a larger vision for entrepreneurship Some dreams begin with a business plan....
Synopsys, AWS Sign Multi-Year Chip Design Licensing Deal Worth Over $1 Billion
Synopsys and Amazon Web Services (AWS) on Wednesday announced a multi-year agreement worth more than $1 billion under which AWS will license chip design intellectual property from Synopsys. The deal expands Synopsys’ growing business...
Apple Plans Smart-Home Push With New Hub on October 13
Apple is planning to expand its presence in the smart-home market with a new home hub, code-named J490, expected to be launched on October 13, Bloomberg News reported on Wednesday, citing people familiar with...
Hormel Foods to Acquire Brakebush Brothers for $1.06 Billion
Hormel Foods said on Wednesday it will acquire family-owned chicken company Brakebush Brothers in a deal valued at $1.06 billion, as the food manufacturer seeks to strengthen its presence in the growing value-added chicken...
Ethiopian Airlines to Sign Boeing Deal for 10 Freighter Aircraft
Ethiopian Airlines is set to sign an agreement with Boeing on Wednesday for 10 freighter aircraft, according to a banner displayed at the venue of the signing ceremony. The deal follows reports earlier this...
US Trade Court Hears Challenge to Trump’s Forced-Labor Tariffs
The US Court of International Trade on Wednesday is set to hear a challenge to President Donald Trump’s tariffs on goods from 60 trading partners accused of failing to prevent imports made with forced...
Canadian Alcohol Makers Face Domestic Sales Hurdles as US Ban Takes Effect
Canadian brewers, distillers and winemakers are facing fresh challenges as a US ban on many Canadian alcoholic beverage imports takes effect, limiting access to a key export market. Producers such as Saskatchewan distiller John...