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Barclays backs Daimler Truck on North America recovery, cost turnaround Source link

CANADA – 2026/05/23: In this photo illustration, the CXMT (ChangXin Memory Technologies) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)Sopa Images | Lightrocket | Getty ImagesApple has begun testing DRAM chips from China’s state-backed ChangXin Memory Technologies for devices sold within China and is lobbying the U.S government to permit broader use of CXMT’s products, the Financial Times reported on Wednesday, citing people familiar with the matter.The company’s decision comes as its involvement with Chinese suppliers becomes a sensitive geopolitical issue amid growing U.S. efforts to contain China’s tech ambitions. CXMT is…

The country needs to be “woken up” to the threat of war, a former Nato secretary general has said, as he urged the next prime minister to look again at the level of spending on defence.Lord Robertson told MPs that Britain’s Nato allies were “disturbed” by the delay to the UK government’s plan to invest in defence, which he described as “unconvincing”.Last week, Prime Minister Sir Keir Starmer set out plans to increase military spending by £15bn over the next four years, following a bitter row over defence funding.Sir Keir is expected to face pressure to ramp up defence spending…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Ships calling at EU ports may have to pay millions more euros in carbon fees, as Brussels plans to close a loophole that lets vessels cut their emissions bill by making stopovers just outside the bloc.Vessels sailing to the EU from outside the bloc must buy carbon allowances covering half their emissions for the journey. But officials are concerned that ships from far-flung ports are cutting bills without reducing emissions by stopping at ports near EU member countries, and then counting only…

U.S. lawmakers are considering how to curb the growing adoption of Chinese AI models by homegrown companies, as geopolitical tensions surrounding the rollout of artificial intelligence ramp up. AI has emerged as a key point of rivalry between the U.S. and China, with both nations vying for supremacy in the field. Chinese models are gaining traction among U.S. firms as they close the performance gap with American rivals while being cheaper to use. In April, the Trump administration accused Chinese entities of waging “industrial-scale campaigns” to rip off U.S. AI systems, and said it will explore ways to hold foreign…

South Korea’s KOSPI set to enter bear market as Samsung rout deepens Source link

The change in plans and subsequent price hike of The Weather Channel’s TV app shows how fickle the streaming industry can be, especially when it comes to legacy media companies’ roles. Many organizations that succeeded in the broadcast era are struggling to find the right value proposition, including prices, for the streaming era, while ensuring they have a place at the table. Even successful streaming TV providers are struggling to manage the infrastructure, app development, licensing costs, user support, and other expenses associated with running an attractively priced, always-on streaming service that can maintain profitability. The Weather Channel faces an…

Speaking to reporters in Dublin on Tuesday, O’Neill said that “increasingly we have lots of questions for the DUP to answer”.The first minister claimed “lots of” people in the DUP were aware of Donaldson’s “antics and behaviour”.”It’s very clear for us all to see that there was a culture in the DUP to turn a blind eye to actually what was happening,” she added.”That their leader was engaged in this type of behaviour and nobody knew about it? I don’t think anybody believes that.”O’Neill said she has spoken to her Stormont executive counterpart Little-Pengelly but added it was “for her…

People’s Liberation Army (PLA) JL-3 intercontinental-range submarine-launched ballistic missiles on Chang’an Avenue at Tiananmen Square during a military parade to mark 80 years since Japan’s defeat in World War II held in Beijing, China, on Wednesday, Sept. 3, 2025. Qilai Shen | Bloomberg | Getty ImagesChina’s rare launch of a ballistic missile from a nuclear submarine into the Pacific, demonstrating the sea-based leg of its nuclear arsenal, will push countries in the region to wall themselves off from Beijing by tightening defense ties.A People’s Liberation Army Navy submarine fired the missile, carrying a dummy warhead, toward international waters at 12:01…

Why is Inpex stock rallying today? Source link