Author: franperez66q@protonmail.com

Ursula von der Leyen (CDU), President of the European Commission, sits on the podium at the Charlemagne Prize ceremony in City Hall.Picture Alliance | Picture Alliance | Getty ImagesEuropean Commission President Ursula von der Leyen on Wednesday welcomed a provisional agreement on legislation to remove import duties on U.S. goods and called on co-legislators to move swiftly to finalize the process.EU lawmakers welcomed the breakthrough after more than five hours of talks overnight, saying it likely paves the way for the 27-nation bloc to avoid a threat by U.S. President Donald Trump to punish a further delay with higher tariffs.The…

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Yields on U.S. Treasurys moved lower early on Wednesday, following a sharp sell-off across bond markets as inflation concerns continue to weigh on investor sentiment.The 10-year Treasury yield — the main benchmark for mortgages, auto loans and credit card debt — was just under 2 basis points lower in early trade at 4.653%. During Tuesday’s session, it reached its highest level since January 2025, at 4.687%.Meanwhile, the longer-dated 30-year Treasury bond yield was around 1 basis point lower at 5.172%, having briefly advanced to 5.197%, its highest level since July 2007, during the previous day’s trade.Yields on the 2-year Treasury note, which…

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AI adoption is on the rise in Singapore, with 52% of workers in the country using the technology in their jobs, according to Slack’s new Workforce Index.Primeimages | E+ | Getty ImagesSingapore has inked separate agreements with Google and OpenAI to strengthen its position as a global artificial intelligence hub and accelerate AI deployment across public services, healthcare, education and enterprise. The agreements, announced on Wednesday, include a new National AI Partnership with Google and the first memorandum of understanding between Singapore and OpenAI, which will see it set up an AI lab in the city. Under the partnership, OpenAI will commit…

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Mayor of Greater Manchester Andy Burnham.Leon Neal | Getty Images News | Getty ImagesThis report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here.The dispatchMy one interview with Andy Burnham should have been during a live outside broadcast at Alliance Manchester Business School.The Greater Manchester mayor arrived at noon, 90 minutes before the on-air time, which had been agreed well in advance with his PR advisers. They insisted he could not stay for the live broadcast.After we had recorded a face-saving interview, which went unscreened, Burnham and his gaggle of advisers scurried off and…

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An Alibaba logo is displayed at the company’s booth at China International Fair for Trade in Services (CIFTIS) in Beijing, China, Sept. 10, 2025. Maxim Shemetov | ReutersCHONGQING, China — Alibaba announced Wednesday its new artificial intelligence chip is three times more powerful than its predecessor, as rival Nvidia struggles to get its advanced chips into China.The Zhenwu M890 delivers three times the performance of the current Zhenwu 810E, Alibaba said, adding that the new processor has 144 GB GPU memory and interchip bandwidth of 800 GB per second.The e-commerce and technology giant said it had already delivered 560,000 Zhenwu…

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As of July 1, at 12:01 am UTC—or June 30 at 8:01 pm ET—people seeking access to Plex’s media server features through a one-time purchase will have to pay $750. That’s three times the current price of $250. The new price will not affect current Lifetime Plex Pass holders. A Lifetime Plex Pass allows you to stream from your own Plex Media Server to a device connected to your own network, to stream from the server remotely, and to allow others to stream remotely from your server. When first launched in 2012, a Lifetime Plex Pass was $75. In 2014,…

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