Chinese chip manufacturer CXMT has become mainland China's most valuable listed semiconductor company after its shares rose by 470% on its market debut. The significant increase is attributed to the global demand for chips, particularly those used in artificial intelligence applications.
Former US President Donald Trump has stated his intention to investigate the European Union's imposition of substantial fines on major American technology companies, including Google, Apple, Meta, and Amazon, should he return to the White House. He insists these penalties should be 'entirely reversed'.
The trade agreement between the UK and the United States, previously touted as a significant post-Brexit benefit, has diminished in value. While existing US tariffs on specific British goods remain, Washington has since extended more favourable trade conditions to countries like Japan and the European Union, eroding the UK's supposed 'world-beating' advantage.
