Exclusive: Micron to exit server chips business in China after ban, sources say
Micron plans to stop supplying server chips to data centres in China after the business failed to recover from a 2023 government ban on its products
AI may boost output but fuel divergence between rich and poor countries, IMF chief says
“If we were to extract that kind of boost of growth that would be very significant for the world,” IMF Managing Director Kristalina Georgieva said
Gold leaps above $4,100 on Fed rate cut hopes, US-China trade tension
Fed Chair Powell to address NABE annual meeting on Tuesday. Gold prices jumped to a record high above $4,100 on Tuesday, supported by rising expectations
Wall Street advances as Trump cools China rhetoric
Wall Street’s main indexes advanced on Monday following Friday’s pullback, as investors returned to risk assets after President Donald Trump’s softer tone eased concerns over
IMF chief says global economy doing ‘better than feared,’ risks remain
IMF Managing Director Kristalina Georgieva said the U.S. economy had dodged a recession feared by many experts just six months ago. The world economy has
Next Decade secures $1.8 billion funding from Total Energies, GIP for Rio Grande LNG project
U.S. liquefied natural gas developer Next Decade will receive up to $1.8 billion in equity commitments from Total Energies and Global Infrastructure Partners to finance a fourth
Oil steadies on supply risks, OPEC+ output increase
Oil prices held steady on Wednesday after the U.S. barred Chevron from exporting crude from Venezuela, but an expected decision from OPEC+ later this week to
US drops COVID vaccine recommendation for healthy kids, pregnant women
The U.S. has stopped recommending routine COVID-19 vaccinations for pregnant women and healthy children, Health Secretary Robert F. Kennedy Jr announced in a social media
The Commodity Markets Outlook in eight charts
The views expressed in the Let’s Talk Development blog are solely those of the author(s). Commodity prices are projected to decline in 2025, driven by
Oil prices climb 2% to two-week high on US-China tariff reductions
Oil prices climbed about 2% to a two-week high on Monday after the U.S. and China agreed to temporarily slash tariffs, raising hopes of an
