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Fatih Birol, executive director of the International Energy Agency (IEA), at the Semafor World Economy Summit during the International Monetary Fund (IMF) and World Bank Spring meetings in Washington, DC, US, on Tuesday, April 14, 2026.Bloomberg | Bloomberg | Getty ImagesOil markets could soon enter a “red zone” as global stocks deplete and as demand picks up during the summer travel season, the head of the International Energy Agency warned on Thursday.IEA Executive Director Fatih Birol said the single most important solution to the Iran war energy shock is a full and unconditional reopening of the strategically vital Strait of…
AUBURN HILLS, Mich. — Stellantis said Thursday it plans to invest 60 billion euros (US$69.7 billion) under a new five-year strategic plan by CEO Antonio Filosa that also targets annual cost savings of 6 billion euros by 2028.The plan includes putting 36 billion euros toward the company’s massive portfolio of automotive brands to launch more than 60 new vehicles as well as major refreshes of 50 other models, including all-electric vehicles, hybrids and traditional internal combustion engines.The other 24 billion euros will be put toward global vehicle platforms and new technologies for the automaker and its products, according to the…
Stellantis launches $70 billion business plan to 2030 including 60 new models Source link
Google on Wednesday published exploit code for an unfixed vulnerability in its Chromium browser codebase that threatens millions of people using Chrome, Microsoft Edge, and virtually all other Chromium-based browsers. The proof-of-concept code exploits the Browser Fetch programming interface, a standard that allows long videos and other large files to be downloaded in the background. An attacker can use the exploit to create a connection for monitoring some aspects of a user’s browser usage and as a proxy for viewing sites and launching denial-of-service attacks. Depending on the browser, the connections either reopen or remain open even after it or…
Last session’s winner was Labour MP Kim Leadbeater, who brought forward the Assisted Dying Bill. Source link
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The AI boom is dominated by companies from the U.S. and China, but a handful of European tech stocks have soared this year as investors pile money into the companies building the infrastructure needed to power the tech.Chipmaking equipment company Aixtron has risen 189% year-to-date. Technoprobe, which also makes equipment used in the chipmaking process, has rallied 129% and chipmaker STMicroelectronics 133% in 2026. Nokia, a legacy phonemaker that has shifted its focus to AI, has seen its stock jump 108% this year.In recent years, U.S. and Chinese companies have been the biggest beneficiaries of the AI boom as they…
International Business Machines Corp. (IBM) signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, Dec. 8, 2025. Michael Nagle | Bloomberg | Getty ImagesQuantum computing shares popped in premarket trading on Thursday, following reports that the U.S. government will award $2 billion in grants to nine firms operating in the space. The Wall Street Journal first reported on the deals, which will see the U.S. government take equity stakes in the companies. This is breaking news. Please refresh for updates.Choose CNBC as your preferred source on Google and never miss a moment…
Lower cost Novo, Lilly weight-loss pills draw patients from compounded drugs, doctors say Source link
Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), during the 2026 CES event in Las Vegas, Nevada, US, on Monday, Jan. 5, 2026.Bridget Bennett | Bloomberg | Getty ImagesAMD on Thursday said it will invest more than $10 billion across Taiwan’s semiconductor and AI ecosystem to advance chip production and performance.Taiwan is at the center of the semiconductor industry because of Taiwan Semiconductor Manufacturing Co., the world’s largest chip manufacturer, which makes products for the most valuable companies in the world from Nvidia to Apple. AMD has been a beneficiary of the continued heavy spending…