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Oil traders bet millions ahead of Trumps Iran talks post
However, at 07:04 Eastern Time (11:04 GMT) on Monday, before US markets opened for the week, the president posted on his Truth Social platform that Washington had held “VERY GOOD AND PRODUCTIVE CONVERSATIONS” with Tehran over a “COMPLETE AND TOTAL RESOLUTION” to hostilities.
US approves sale of Nvidias advanced H200 chips to China
Osmond ChiaBusiness reporter Getty Images Nvidia CEO Jensen Huang The US government has given chip giant Nvidia the green light to sell its advanced artificial intelligence (AI) processors in China, the Department of Commerce said on Tuesday. The H200, Nvidia’s second-most-advanced semiconductor, had been restricted by Washington over concerns that it would give China’s technology…
Why Poundland is struggling during a cost-of-living-crisis
Emma SimpsonBusiness correspondent BBC The residents of Peckham in south London have just lost their Poundland store, which closed this week after 11 years of trading. “Everyone comes in here, it’s very cheap. I buy stuff for my kids, snacks, toiletries,” says passing shopper Becky Cullen, staring at the empty shop. “It was always busy……
Scheme to support energy-intensive firms to be expanded
The scheme is designed to support firms that are high energy users in sectors such as automotive and aerospace, steel producers, metal fabricators, pharmaceutical and medical supplies companies, recycling businesses, plastic producers, nuclear fuel processors, and cooling and ventilation equipment manufacturers, the government said.
