European Union announces higher tariffs of up to 38% on Chinese EVs
The European Union on Wednesday said it would slap higher tariffs on Chinese electric vehicle imports.
CNBC Daily Open: Apple shares pop, Musk drops OpenAI lawsuit
Apple’s shares rose to a record high a day after it announced its push into artificial intelligence after partnering up with OpenAI.
UK GDP flatlines as PM Sunak pins election campaign on economy
Economists polled by Reuters had expected growth to flatten, after the economy expanded by 0.4% in March.
Apple Vision Pro to sell in China, Japan and Singapore by end of this month in first debut outside the U.S.
Apple is launching its flagship virtual reality headset, the Apple Vision Pro, in China, Hong Kong, Japan and Singapore on June 28.
Amazon’s AWS to launch new infrastructure region in Taiwan amid rapid Asia-Pacific expansion
Amazon Web Services said it is seeking to meet “high demand for cloud services” in the Asia-Pacific region.
Top 10 countries where workers are thriving most, according to a new Gallup report
Countries in Europe have the biggest share of people who are thriving, according to Gallup’s 2024 State of the Global Workplace report.
U.S. is reportedly weighing further limits on China’s access to AI chip tech
The Biden administration is weighing measures that would target highly advanced chip architecture known as gate all-around, Bloomberg reported citing sources.
CNBC Daily Open: Fed watch, Apple pops
Apple’s shares rose to a record high a day after it announced its push into artificial intelligence after partnering up with OpenAI.
Billionaire investor Ryan Cohen beats Bed Bath & Beyond shareholder lawsuit
The billionaire activist investor Ryan Cohen won the dismissal on Tuesday of a shareholder lawsuit accusing him of profitably cashing out of Bed Bath & Beyond shares too quickly as the home goods retailer was hurtling toward bankruptcy.
Asia-Pacific markets mixed as China’s May inflation rises for the 4th straight month; Taiwan hits all-time high
China’s May inflation rate is expected to inch up to 0.4%, compared to April’s increase of 0.3%.
