Nicolas Thomas

The $500bn Stargate project has its sights set on the UK

April 17, 2025 at 07:04 pm

Nvidia leaves some Chinese customers in the dark about new restrictions

Nvidia did not notify some of its major customers in China of the new US rules restricting the export of its artificial intelligence chips to that market, according to two sources familiar with the matter.

April 17, 2025 at 05:56 pm

Forvia seeks to mitigate impact of US tariffs

French automotive equipment manufacturer Forvia wants to minimize the impact of tariffs. With this in mind, the group is reviewing several strategies and contracts.

April 17, 2025 at 04:42 pm

Trump launches investigation into all US imports of critical minerals

The US president yesterday ordered an investigation into the possibility of new tariffs on all imports of critical minerals into the United States. This gesture marks a new escalation in his trade tensions with foreign partners and is part of a desire to counter China's dominant influence in this strategic sector.

April 16, 2025 at 04:27 pm

AMD to produce its processors with TSMC in Arizona

With the threat of tariffs hanging over the semiconductor sector, AMD is moving its production completely to TSMC's US plant in Arizona. This initiative was taken ahead of Trump's decisions, but can only be welcomed ahead of the US President's next announcement.

April 15, 2025 at 06:45 pm

Customs duties cloud ASML's visibility

The Dutch company ASML will publish its results on Wednesday, April 16. The recent tariff slump and a slight fallout from the enthusiasm surrounding artificial intelligence on the stockmarket are creating uncertainty about the company's future prospects.

April 15, 2025 at 06:36 pm

Holcim plans to spin off its North American activities in June

April 14, 2025 at 09:08 pm

Mehul Choksi, Indian jeweller wanted for bank fraud, arrested in Belgium

Indian jeweler Mehul Choksi was wanted by the Indian government for a $1.8bn bank fraud.

April 14, 2025 at 06:49 pm

J Sainsbury: Price wars amongst UK retailers

With the publication of Sainsbury's annual results fast approaching on Thursday, the UK's second-largest food retailer could follow Tesco's lead in lowering its profit outlook for the year in a bid to gain pricing flexibility. A potential decision that would be interpreted as a new episode in the rising price tensions between the sector giants.

April 14, 2025 at 06:37 pm

Italy's Gianluigi Aponte to buy CK Hutchison's ports

After China blocked BlackRock's takeover of the ports, Gianluigi Aponte, owner of MSC, is now trying to buy Panama Canal's 43 ports.

April 14, 2025 at 06:24 pm

FDA no longer wants animal testing in laboratories

Shares in suppliers of laboratory test animals plummeted yesterday after a major announcement by the Food and Drug Administration (FDA) that it is set to drastically reduce the use of these methods in the development of new drugs.

April 11, 2025 at 08:37 pm

London says yes to Shein, but Beijing keeps control of its IPO

Shein has finally obtained the go-ahead from London for its IPO, but is still awaiting Beijing's decision. At the same time, the elimination of the "de minimis" tariff loophole and the tariffs announced by Donald Trump could further delay the operation.

April 11, 2025 at 08:01 pm

EU puts pressure on Washington with tech tax threat

Donald Trump has announced a 90-day truce on tariffs. The European Union remains lucid, saying that without a deal, a big tech tax could emerge.

April 11, 2025 at 04:17 pm

White House close to trade agreements with several countries

While the US President has announced a pause on tariffs, negotiations continue between the US and international leaders.

April 10, 2025 at 10:39 pm

Kering in talks to sell real estate in Milan for over $1.4bn

April 10, 2025 at 09:47 pm

Google releases its own AI chip, Ironwood

Alphabet has finally unveiled its AI chip, Ironwood. This chip is totally designed for various AI applications and, once again, focuses on energy consumption.

April 10, 2025 at 08:45 pm

LVMH struggles to make its Louis Vuitton workshop in Texas shine

The French luxury goods group has been trying for several years to locate part of its production in the United States. However, a Reuters investigation highlights the many difficulties encountered in this process.

April 10, 2025 at 08:28 pm

Beijing strikes back, trade war escalation continues

China announced on Wednesday that it would raise its tariffs on US products to 84% from Thursday, up from 34% previously. The decision marks a further escalation in the global trade war unleashed by US President Donald Trump.

April 09, 2025 at 09:56 pm

Universal Studios set to open its first European theme park near London

Comcast, Universal's parent company, announces the construction of a Universal theme park in Europe. This will be the first park for the group, which owns a number of major pop-culture IPs.

April 09, 2025 at 06:05 pm

Under pressure, Taiwan speeds up customs negotiations

Taiwan hopes to quickly reach an agreement with the United States to resolve the tariff issue, and has already begun talks with Washington, a senior Taiwanese official said on Wednesday.

April 09, 2025 at 05:42 pm

European luxury goods more fragile than ever

Hopes of a recovery in the luxury goods sector are fading as turmoil in financial markets, fanned by Donald Trump's new tariffs, raises fears of a global recession. This uncertainty undermines expectations that affluent American consumers could compensate for weak Chinese demand.

April 09, 2025 at 03:29 pm