The U.S. House Foreign Affairs Committee voted overwhelmingly on Wednesday to advance a bill granting Congress authority over AI chip exports. The legislation, introduced by Representative Brian Mast of Florida, comes despite
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Italian luxury outerwear giant Moncler has announced that Remo Ruffini, its main shareholder, will step down as chief executive on April 1. He will be succeeded by Bartolomeo Rongone, currently CEO of
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Chelsea received a boost in training as Estevao Willian, Malo Gusto, and Jamie Gittens returned to action ahead of their UEFA Champions League match against Pafos. The trio had missed the Blues’
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Tesla is expected to be among the first automakers to benefit from Canada’s decision to ease restrictions on electric vehicles (EVs) built in China. Under a new agreement announced last week, Canada
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JPMorgan Chief Executive Jamie Dimon has confirmed he was never offered the role of Federal Reserve chair, pushing back on reports that suggested U.S. President Donald Trump had raised the possibility. The
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U.S. banks are grappling with uncertainty after President Donald Trump called for a one-year cap on credit card interest rates at 10%. The proposal, announced earlier this month, has rattled financial markets
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German sports car maker Porsche reported a sharp decline in annual vehicle deliveries, reflecting mounting pressure across key markets as competition intensified and regulatory changes disrupted model availability. The company said it
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UBS CEO Sergio Ermotti has expressed hope that his successor will come from within the bank, he told Swiss newspaper Tages-Anzeiger in an interview published Thursday. “I hope so,” Ermotti said when
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Oil prices moved higher on Tuesday as traders focused on mounting political risks in Iran, with fears of supply disruption outweighing expectations of increased crude availability from Venezuela. Brent crude futures rose
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US-based crypto exchange Coinbase is intensifying its engagement with lawmakers as debate heats up around proposed decentralized finance provisions contained within the wide-ranging CLARITY Act. The company is reportedly concerned that elements
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