US Economy Was Already Sputtering Before Trade Pain Kicked In
After cruising along comfortably for most of last year, the world’s largest economy lost altitude at the start of 2025 as consumers tired and...
Ackman Says Time Is Friend of US, Enemy of China in Trade War
Billionaire hedge fund manager Bill Ackman said China will need to strike a trade deal with the US quickly as it can’t win a...
Pirelli set to declare end of Chinese investor's control over governance, paper says
Pirelli's board is expected to approve on Monday an accord between shareholders to establish that the group's largest investor, China's state-owned Sinochem , does...
China's Xi calls for self sufficiency in AI development amid U.S. rivalry
China's President Xi Jinping pledged "self-reliance and self-strengthening" to develop AI in China, state media reported on Saturday, as the country vies with the...
Elon Musk's XAI Holdings in talks to raise $20 billion from investors, Bloomberg News reports
Elon Musk's XAI Holdings is in talks with investors to raise roughly $20 billion in funding for his newly combined artificial intelligence startup and...
