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A visitor walks next to the logo of the Indian multinational pharmaceutical company Dr. Reddy’s Laboratories during the Bio Asia 2026 summit in Hyderabad, Telangana, India, on February 18, 2026. (Photo by Jwala Kotesh/NurPhoto via Getty Images)Nurphoto | Nurphoto | Getty ImagesU.S. President Donald Trump’s proposed tariffs on generic drugs will increase the price of these medicines for patients in the country, Erez Israeli, the chief executive of Indian drugmaker Dr. Reddy’s Laboratories, told CNBC’s ‘Inside India’ on Thursday.Generic drugs are a low-margin business and “this kind of level of tariff cannot be absorbed” by the company, Israeli said, adding…
China’s memory chip makers ride AI boom to new power — and U.S. scrutiny 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 ImagesChangXin Memory Technologies’ massive listing is stoking fears that its market debut could pull cash from Chinese equities, as investors raise funds to get a piece of the country’s largest memory chipmaker. The Shanghai STAR Market listing, expected on July 27, has become the latest focus for investors after Chinese technology shares pulled back in recent sessions. CXMT raised $8.6 billion in Asia’s largest IPO so far…
Late media mogul Ted Turner used conservation easements to preserve ranch land, including nearly 114,000 acres south of Bozeman, Montana.Kevin Fleming | Corbis Documentary | Getty ImagesA version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Congress is moving to expand a land preservation tax incentive that has spent nearly a decade under IRS scrutiny. House and Senate proposals of the farm bill would create a new program to provide funding to landowners who agree to keep forests intact…
Why is Oshidori International stock surging today? Source link
Scenarios covered by the bill text include when an AI pursues a goal that is not the goal intended by the system’s developer or operator, when it sabotages or interferes with a lawful instruction to shut down, and when it conceals a capability or action from monitoring or shutdown mechanisms. More ominously, the law would cover “conduct of such technology that is unintended by a developer or operator of such technology and causes the death of not fewer than 10 individuals or economic damages of not less than $100,000,000.” While that is an extreme scenario, the other scenarios described in…
Following the Holyrood election defeat Sarwar promised to stay on as leader in Scotland.In May, as reported by The Herald, external, when asked if he would ever take up a seat in the House of Lords, Sarwar said: “No. I’m focused on being first minister of this great country.”He added: “My only commitment, my only focus, is serving my constituents in Glasgow and serving the great people of this country, if I get the honour of being first minister.”After Sir Keir’s resignation in June, when asked if he planned to serve as party leader for the full five-year Holyrood term…
US President Donald Trump speaks at Wheeler High School, in Marietta, Georgia, on July 22, 2026. Saul Loeb | AFP | Getty ImagesU.S. trading partners from Canberra to Brasília have rejected the forced-labor rationale behind President Donald Trump’s new global tariffs, while most signaled they would keep negotiating rather than retaliate. The Office of the U.S. Trade Representative on Thursday took action under Section 301 of the Trade Act of 1974, imposing tariffs on 60 economies for what Washington called their failure to impose and enforce bans on goods made with forced labor. The duties — 10% for partners that…
Poultry firm recalls nearly 1.6 million dozen eggs over potential salmonella, US FDA says Source link
Li Lecheng, China’s Minister of Industry and Information Technology, spoke at a press conference on July 23, 2026, in Chengdu, China, as part of the APEC Digital Weeks.Evelyn Cheng | CNBCCHENGDU, China — Governments increasingly want to control artificial intelligence, as companies release more powerful open-source models, a new multilateral statement indicates.The 21 APEC member economies, which include the U.S. and China, released a “Chengdu statement” on AI that emphasized respect for “security, data protection and intellectual property rights,” while calling for supporting open-source development.The statement released Thursday also specified support for models and projects “that employ strong security assurance…