Business today was defined by companies and policymakers trying to buy certainty in an uncertain world. In China, the AI infrastructure boom is now driving pressure well beyond chips for training models, with Intel and AMD locking in multi-year server CPU deals as processor price...
Business today was defined by companies and policymakers trying to buy certainty in an uncertain world. In China, the AI infrastructure boom is now driving pressure well beyond chips for training models, with Intel and AMD locking in multi-year server CPU deals as processor prices reportedly jump more than 40%. In Europe, the ECB held rates at 2.25% but signaled that rising energy risks tied to the Iran conflict could still force another move later this year. In Asia’s startup economy, Meesho posted a sharp 48% revenue increase and cut losses by roughly half, while preparing fresh support for its grocery unit, and Coinbase said it will expand its Singapore workforce as it bets on broader regional crypto adoption. Beyond markets, veteran Nollywood actress Ngozi Nwosu’s public appeal for ₦30 million in urgent medical care was a stark reminder of the human financial strain behind the headlines.
Top Business stories
- Trump administration imposes 10% to 12.5% tariffs on 60 trading partners (12 sources)
- Ngozi Nwosu appeals for ₦30 million for urgent surgeries after weeks in hospital (6 sources)
- ECB holds interest rates as Iran-war flare-up lifts energy-price risks (5 sources)
- Intel and AMD sign long-term server CPU deals with Chinese clients amid price surge (5 sources)
- Mirae Asset affiliate completes Korbit crypto exchange acquisition, plans near-total control (4 sources)
- Brent crude hits $100 as Middle East tensions raise supply concerns (4 sources)
- NTPC Green shares rise after 38% jump in June-quarter profit (4 sources)
- Robinhood CEO Vlad Tenev’s X account reportedly hacked to promote fake memecoin (4 sources)
Drew Drafton
Author at IfHighLow
