Intel (INTC) announced it’s appointing Lip-Bu Tan as its new CEO. The chip industry veteran, who previously helmed Cadence Design Systems, takes over from interim co-CEOs David Zinsner and Michelle Johnston Holthaus. The duo succeeded former CEO Pat Gelsinger, who was ousted by Intel’s board in late 2024. Shares of Intel climbed more than 11%…
Britain’s financial regulators are in retreat. Only hours after Prime Minister Sir Keir Starmer announced plans to abolish one of the country’s financial regulators, the City of London’s main watchdogs announced they were ditching or delaying several of their most controversial proposals. Confronted by an onslaught of government calls for them to support economic growth, regulators…
Intel (INTC) stock climbed higher Wednesday on a report that rival Taiwan Semiconductor (TSM) is in talks with a group of chipmakers, including Nvidia (NVDA) and AMD (AMD), that would run Intel’s chip manufacturing business. According to Reuters, the consortium, which would also include Broadcom (AVGO), would take over Intel’s foundry business, which is responsible…
WillScot Announces Consent Solicitations to Amend its Senior Secured Notes Due 2029 and Senior Secured Notes due 2031 2025-03-12 15:24:00 Source link
Stay informed with free updates Simply sign up to the US inflation myFT Digest — delivered directly to your inbox. US inflation fell more than expected to 2.8 per cent in February, bolstering the case for the Federal Reserve to cut interest rates amid signs of slowing growth in the world’s largest economy. Wednesday’s annual…
By Mike Dolan LONDON (Reuters) – Morning Bid U.S. What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets The mere threat of a trade war unnerved markets, but they now have to cope with the real thing, as U.S. tariff hikes on metals imports kick in today…
Captain arrested in UK ship crash is Russian national, owner says 2025-03-12 09:11:00 Source link
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The EU has retaliated against Donald Trump’s 25 per cent tariffs on steel and aluminium within hours of them taking effect, escalating a trade war that has rattled financial markets and threatens the…
Russian lawmaker says any Ukraine deal will be on Moscow's terms, not Washington's 2025-03-12 02:55:00 Source link
Stay informed with free updates Simply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox. Britain’s financial watchdog is set to largely abandon its controversial plan to “name and shame” more companies that it investigates, marking a major U-turn after the regulator faced mounting pressure to drop the policy. …