NEWYou can now listen to Fox News articles! China is racing ahead of the U.S. in artificial intelligence (AI), bypassing regulatory roadblocks that O’Leary Ventures Chairman Kevin O’Leary warns are leaving America dangerously behind. “[China is] kicking our heinies in advancing AI,” the “Shark Tank” investor warned Sunday. “The way they’re doing it is they…
French cheeses displayed in a store in Paris. Bertrand Guay | Afp | Getty Images China announced tariffs of up to 42.7% on dairy products from the European Union Monday, following the results of an anti-subsidy investigation that began in August 2024. In a statement by the country’s Ministry of Commerce, China said that EU…
19 November 2025, China, Shanghai: Boats sail past downtown Shanghai on the Huangpu River. The tallest building on the skyline is the Shanghai Tower (rear). Bernd von Jutrczenka | Picture Alliance | Getty Images Asia-Pacific markets were set to climb Monday as investors look toward benchmark lending rate decisions coming out of China later in the…
TikTok has finalized a deal with Oracle and two other investors that will allow the popular social video platform to continue its business in the U.S. The deal, expected to close on Jan. 22, will be 50% held by a new investor consortium that includes tech giant Oracle, Silver Lake and MGX, a technology fund…
A report from Reuters claims that scientists in China have created a prototype of a machine that could eventually be used to produce semiconductor chips capable of powering artificial intelligence. Sources told the publication that a team in Shenzhen completed the prototype of an extreme ultraviolet lithography machine earlier this year and it is allegedly…
This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story Latest data from China showed a key gauge on consumption falling to its weakest level in nearly three years. But it does not capture the…
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch It is tempting, in assessing what 2025 brought for the U.K. economy and for Britain’s corporates and financial markets, to focus more on what didn’t happen than on what did. Most obviously, widely expected interest rate…
The House of Representatives on Tuesday voted to advance legislation favored by Big Tech heavy hitters such as OpenAI, Meta and Microsoft to reform the process for obtaining federal permits for projects to build out artificial intelligence infrastructure in the United States. Backers of the bill, the SPEED Act, argue it is key to helping…
The global solar inverter market is set to contract for two consecutive years, declining by 2 per cent to 577 gigawatts AC (GWac) in 2025 and by a further 9 per cent to 523 GWac in 2026, according to consultancy group Wood Mackenzie’s latest market outlook for 2025. The downturn follows record shipments in 2024…
Piotr Swat | Lightrocket | Getty Images Korea Zinc shares plunged almost 14% on Tuesday, as its largest shareholder is reportedly opposing plans to create a U.S.-backed joint venture that will see a dilution of its equity stake in the South Korean company. Shares of the world’s largest zinc smelting company had climbed over 26%…