Investing.com -- The U.S. decision to tighten export controls on Nvidia’s H20 chips has introduced fresh complications for China’s AI sector, but the near-term disruption appears limited as domestic firms pivot to alternatives and deepen their investment in local ecosystems. Analysts at Bernstein say the ban may even hasten China’s shift away from reliance on American semiconductors, a ...
Investing.com -- A halt in Chinese imports of U.S. ethane, triggered by reciprocal tariffs, could lead to a sharp drop in ethane prices and strain Permian gas infrastructure, analysts at Bank of America said exploring the potential fallout.China is the world’s largest ethane importer, but current tariffs make U.S. ethane uneconomic compared to naphtha.BofA said the issue could be resolved i ...
SAO PAULO (Reuters) -Shareholders in Carrefour (EPA:CARR) Brasil, legally known as Atacadao SA (BVMF:CRFB3), approved a proposal from its parent, French retailer Carrefour, to take the Brazilian unit private, according to a securities filing on Friday.Carrefour will pay 8.50 reais ($1.50) in cash per share that it does not currently hold in Carrefour Brasil, as proposed this month."Full owners ...
Investing.com – Russia stocks were higher after the close on Friday, as gains in the Oil & Gas, Power and Telecoms sectors led shares higher.At the close in Moscow, the MOEX Russia Index rose 2.11%.The best performers of the session on the MOEX Russia Index were Federal Hydro Generating Company RusHydro PJSC (MCX:HYDR), which rose 5.47% or 0.03 points to trade at 0.49 at the close. Meanwhile ...