Mining firm backed by Bezos and Gates to begin Greenland drilling
Mineral exploration company KoBold Metals, backed by billionaires including Jeff Bezos and Bill Gates, said on Thursday it would begin drilling in Greenland for critical materials used in electric vehicles.
Analysis: New EU rules regulating U.S. tech giants likely to set global standard
Landmark EU rules targeting Alphabet (GOOGL.O) unit Google, Amazon (AMZN.O), Apple (AAPL.O), Meta (FB.O) and Microsoft (MSFT.O) are likely to set a global benchmark and may even force the tech giants to be more innovative, lawyers and experts said.
Russian agents charged with targeting U.S. nuclear plant, Saudi oil refinery
U.S. and British officials on Thursday accused the Russian government of running a years-long campaign to hack into critical infrastructure, including an American nuclear plant and a Saudi oil refinery.
Malaysia’s major telcos mull equity stakes in state 5G agency
March 24 (Reuters) – Malaysia’s four major telecommunications firms will explore the government’s offer of an equity stake in the state 5G agency, Digital Nasional Berhad (DNB), they said in a joint statement on Thursday.
Nvidia CEO says interested in exploring chip manufacturing with Intel
Nvidia Corp (NVDA.O) is interested in exploring using Intel Corp (INTC.O) for manufacturing its chips, Chief Executive Officer Jensen Huang said on a call with reporters on Wednesday.
Top trading houses speak at commodities conference
Executives from the world’s largest trading houses and mining companies are at the FT Commodities Global Summit this week, discussing market trends, cyber security and the impact of the conflict in Ukraine.
UK sanctions Alfa, Gazprombank and Lavrov’s step daughter
Britain sanctioned another wave of Russia’s banks, critical industries and a host of members of its elite on Thursday, including Gazprombank, Alfa Bank, and a woman they said was the stepdaughter of Foreign Minister Sergei Lavrov.
Explainer: Challenges arise as Russia calls for gas payments in roubles
Russian President Vladimir Putin on Wednesday said the world’s largest natural gas producer would soon require “unfriendly” countries to pay for their fuel in Russia’s currency, the rouble.
Mortgage News: Interest rates are on the rise!
Mortgage interest rates are rapidly rising, which is affecting loan demand, particularly refinances. Total mortgage application volume fell 8.1 % last week compared to the previous week, as per the Mortgage Bankers Association’s seasonally adjusted index. For 30-year fixed-rate mortgages with acceptable loan balances ($647,200 or less), the average contract interest rate jumped to 4.50 […]
Tencent posts slowest-ever sales rise; regulation impact set to ease
Revenue at Chinese social media and gaming giant Tencent (0700.HK) grew just 8% in the fourth quarter, the slowest pace since it went public in 2004, reflecting regulatory scrutiny that has hurt both its gaming business and advertising sales.
