Author: franperez66q@protonmail.com

Norway stocks higher at close of trade; Oslo OBX up 1.08% 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 ImagesAdvanced Micro Devices on Wednesday announced a strategic partnership with Anthropic and said it will invest up to $5 billion in the artificial intelligence company “in the future.” As part of the deal, the chipmaker said Anthropic will deploy 2 gigawatts of its AMD Instinct MI450 Series graphics processing units, or GPUs, in AMD Helios rack-scale solutions. The first gigawatt, a measure of power that’s become a…

Pubs, clubs and live music venues in England will be given a 20% cut to business rates from April, which the government estimates will save firms around £1,100 next year.In his third policy announcement since becoming prime minister, Andy Burnham called the plan a “first step” to help businesses, and said pubs in particular “need to know that the cavalry is coming”.It will cost £100m and be funded by a review of tax relief on firms such as vape shops which “do not make a positive contribution to local communities”, the government said.Some hospitality firms welcomed the move but others…

Stay informed with free updatesSimply sign up to the Automobiles myFT Digest — delivered directly to your inbox.Ford has said its new manufacturing partnership in Spain with China’s Geely will allow the two rivals to compete “at a completely new level of cost” as the US carmaker seeks to revive its struggling European business.Following months of negotiations, the two carmakers said they would form a manufacturing joint venture at Ford’s Valencia plant in Spain with the US group owning a 66 per cent stake in the business while the rest is held by Geely. The collaboration will also extend to joint…

The Eli Lilly logo appears on the company’s office in San Diego, California, Nov. 21, 2025.Mike Blake | ReutersEli Lilly on Thursday said it will file for approval of its next-generation obesity drug in the first quarter of 2027, as the treatment succeeds in two more late-stage trials. The pharmaceutical giant previously said it would submit an application as early as this year for the weekly injection, retatrutide, which works differently and appears to be more effective than existing shots and pills. In a statement to CNBC, Lilly said it needs more time to gather and verify the manufacturing and quality-control…

Nasdaq tops profit estimates on high-profile listings, robust data revenue Source link

I wanted a clock that, annoyingly, didn’t seem to exist. Since childhood, my bedside clocks have been a series of red, seven-segment LED clock-radio specials from Walmart or Target. They are invariably cheap, simple, and long-lived—but they require manual intervention at the start and end of Daylight Saving Time and whenever the power flickers. After a recent power flicker, as I found myself standing by the sideboard holding down “TIME” and mashing the “HOUR” button, frustration boiled over, and I thought to myself, “We’re a quarter of the way through the 21st century. There has to be a better way!”…

Kemi Badenoch has accused Andy Burnham of governing like he is still the mayor of Greater Manchester, with a “spending spree” of early promises.The Conservative leader said the new prime minister had failed to explain how a series of measures announced during his first days in office could be paid for.Burnham’s early policies include restoring a £2 cap on bus fares in England and cutting VAT on household electricity bills.Labour defended his announcements, adding he was “bringing back hope after Kemi Badenoch’s Tory Party nearly broke Britain”.Burnham told his newly assembled cabinet on Tuesday “we need to be a cost…

POWER POINTWhat I’m hearing from energy insidersU.S. oil just topped $90 a barrel and Brent crude is passed $100 a barrel.A number of new factors could mean this crude comeback has legs.For example, what happens if all Iranian oil suddenly went offline?It’s an outlier thought. Maybe it’s crazy. While we can’t all agree on much, can we at least agree that maybe now is the exact right time for crazy, outlier thoughts?Before I get to that, here’s a quick synopsis of where we stand right now with the nearly hour-by-hour headlines around Hormuz and energy.   Angry militants in Iran continue to…

Christine Lagarde, president of the European Central Bank (ECB), during a rates decision news conference in Frankfurt, Germany, on Thursday, June 11, 2026. Alex Kraus | Bloomberg | Getty ImagesThe European Central Bank voted on Thursday to leave its main interest rate unchanged at 2.25%, in a move that fell broadly in line with market expectations. But traders are already anticipating a rate hike in September, as ECB president Christine Lagarde warned renewed Middle East hostilities and the resultant rebound in oil prices poses upside risk to the euro zone inflation outlook. The ECB said it stands ready to adjust all of…