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Nvidia to invest $5bn in rival Intel
Nvidia, the leading manufacturer of artificial intelligence chips, said it will buy a $5bn (£4bn) stake in Intel – a lifeline for its struggling rival on the heels of a separate investment from the US government. The deal, announced on Thursday, will involve a partnership between the two American companies to make personal computer and…
US adds more jobs than expected in September
Natalie ShermanBusiness reporter Getty Images The first official data in weeks on the US job market is out, and it showed a surprising pick-up in hiring after a lacklustre summer. Employers added 119,000 jobs in September, more than double what many analysts had expected, but the unemployment rate ticked up from 4.3% to 4.4%, the…
China hits growth goal after exports defy US tariffs
China said its economy expanded by 5% last year, meeting Beijing’s official target as a record trade surplus boosted growth. The world’s second-largest economy reached its goal despite growth slowing to 4.5% in the final three months of 2025. China’s past year has been marked by struggles to boost domestic spending, a prolonged property crisis…
Ex-New York Times writer Bari Weiss to lead CBS after Paramount deal
Getty Images Paramount has named former New York Times opinion writer Bari Weiss to lead CBS News, in the latest move by new owners to reshape operations of one of America’s leading news organisations. Paramount is also buying The Free Press, the digital outlet Weiss started after her acrimonious departure from the New York Times,…
US probes Nike over white worker discrimination claims
The Equal Employment Opportunity Commission (EEOC), which enforces workplace discrimination laws, announced on Wednesday it has demanded company records going back to 2018, including the use of race and ethnicity data, and whether such information influenced executive pay.
