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Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump announced Nippon Steel had abandoned its plan to buy US Steel but would “invest heavily” in the iconic Pittsburgh producer. At a joint press conference with Japanese Prime Minister Shigeru Ishiba
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Donald Trump’s new cryptocurrency has sparked a flood of imitators, leading to warnings that investors risk being duped. More than 700 copycat and spam coins have been sent to Trump’s digital wallet by people apparently seeking to suggest their creations have his endorsement, according to a Financial Times analysis. It comes after the president and
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Financial markets have been roiled by US President Donald Trump’s announcement of tariffs on key trading partners, and investors are bracing for further volatility ahead. Here’s how they are trading Trump’s on-again, off-again trade war. Equities: ‘impossible to avoid risk’ Wall Street has been working since before November’s presidential election on how it should position
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OpenAI chief executive Sam Altman said he would fast-track product releases and “deliver much better models” after the release of a powerful new model by Chinese start-up DeepSeek undermined Silicon Valley’s lead in a global artificial intelligence arms race. DeepSeek’s generative AI chatbot, a direct rival to ChatGPT, is able to perform some tasks at
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When Italian financial power broker Mediobanca helped its longtime client Monte dei Paschi di Siena structure a make-or-break capital raising in 2022, little did it know it would ultimately become a takeover target for the former poster child of the country’s failed banking system.  On Friday, MPS astonished investors by launching a €13.3bn all-share bid
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