Investing.com-- U.S. President Donald Trump is expected to announce policy guidelines for the artificial intelligence industry that will include looser regulation and more energy sources for data centers, Bloomberg reported on Friday. The Trump administration will release its so-called AI Action Plan in the coming days, Bloomberg reported, citing people who were briefed by administration offi ...
By Amanda Cooper and Lucy Raitano LONDON (Reuters) -Britain’s stock market finally appears to be reversing years of underperformance against the rest of Europe, as a UK/U.S. trade deal, lighter regulation and cheap stocks deliver juicy returns that are starting to attract foreign investors. The FTSE 100 has gained nearly 10% this year to hit record highs this week, beating the STOXX 600, which i ...
Investing.com -- Husqvarna AB on Friday reported solid second-quarter results with adjusted EBIT of SEK 2,041 million, up 7% year-over-year and 9% above consensus estimates, despite a slight 1% decline in net sales to SEK 15,277 million. The Swedish outdoor power equipment manufacturer achieved 5% organic growth across its operations, with its robotic mowers segment growing 15% year-over-year, dri ...
Investing.com-- China’s Commerce Minister Wang Wentao said on Friday that he met with Nvidia (NASDAQ:NVDA) CEO Jensen Huang in Beijing this week, reaffirming China’s support for foreign investment in the country. The meeting came during Huang’s visit to attend a supply chain expo in the Chinese capital. Wang said Huang had been dominating social media during his stay, reflecting strong publi ...