Month: January 2026

Chinese officials have told the country’s largest tech firms including Alibaba Group Holding Ltd. they can prepare orders for Nvidia Corp.’s H200 AI chips, suggesting Beijing is close to formally approving imports of components essential to powering artificial intelligence. Regulators have recently granted in-principle approval for Alibaba, Tencent Holdings Ltd. and ByteDance Ltd. to move…

Read More “China Tells Alibaba, Tech Firms To Ready Nvidia H200 Orders” »

The Wall Street is headed for a weekly decline, as two of the three main stock market indices faltered after rising in the preceding two sessions. The S&P 500 opened 0.03% or 1.89 points lower at 6,911.46, and the Dow Jones Industrial Average opened 0.27% or 132.65 points lower at 49,251.36. However, the tech-heavy Nasdaq…

Read More “Wall Street Heads For Weekly Decline As S&P 500, Dow Jones Falter; Intel Slumps 15%” »

The government on Friday clarified that the European Union’s broader suspension of the Generalised Scheme of Preferences (GSP) will affect only about 2.7% of India’s exports. The GSP allows developing countries such as India to export goods to the EU at reduced tariff rates, helping them remain competitive in European markets. A report by trade…

Read More “EU Trade Tweak Affects 2.7% Of Indian Exports, Not 87%, Commerce Ministry Clarifies” »