Washington Financial News
24.07 / 04:23
UPS
CEO
Mobile
Highways
TikTok
country
Focus on China dominated Biden-Modi meeting in Oval office, reveals official
Narendra Modi and President Joe Biden during their meeting at the Oval Office last month spent a “plurality" of their time having discussions on China and its leader Xi Jinping, according to a senior administration official familiar with the discussion. As reported by PTI citing a senior administration official on conditions of anonymity, “In the Oval Office meeting between Modi and Biden, a plurality of that time was just spent talking about China...
24.07 / 03:27
Provident
Cooper
Fighting
show
performer
country
beautiful
International
‘Some countries under pressure…’ Taliban says US obstacle to international recognition of Afghanistan
Joe Biden said was in some way an acknowledgement of this truth, but this doesn't show our cooperation with America. We do not need the cooperation of any country," he said. The acting defence minister once again accused the US of violating the airspace of the country and asked Washington to end the violation of the airspace of Afghanistan.
23.07 / 19:49
country
Italy's Meloni says Biden never raised issue of Belt and Road membership
ROME (Reuters) — Italy's Prime Minister Giorgia Meloni, who will visit the White House on Thursday, said that U.S. President Joe Biden had never challenged her on the issue of Rome being part of the Chinese Belt and Road Initiative (BRI).
23.07 / 18:19
Twitter
Reuters
country
Deal
IMF expects deal with Argentina in the coming days
BUENOS AIRES (Reuters) — The International Monetary Fund (IMF) should in the coming days finalize the basis for a staff level agreement with Argentina over a review of the country's $44 billion loan with the IMF, the Washington-based fund said on Sunday.
23.07 / 11:37
UPS
IPO
country
Chinese chipmaker Hua Hong seeks up to $2.95 billion in mainland listing
Hua Hong Semiconductor said on Sunday it aims to raise up to 21.2 billion yuan ($2.95 billion)in a listing on the Shanghai stock exchange. The country's second-largest chip foundry will sell 407.75 million shares priced at 52 yuan per share, it said in a statement to the exchange.
22.07 / 18:33
Target
CEO
Action
Qualcomm
NVIDIA
Intel
Chip CEOs urge US to study impact of China curbs
During meetings in Washington, Intel Corp’s Pat Gelsinger, Nvidia Corp’s Jensen Huang and Qualcomm Inc’s Cristiano Amon warned that export controls risk harming US leadership of the industry. The Biden officials listened to the presentations but didn’t make any commitments, said the people, who asked not to be identified because the talks were private. The chip industry is trying to navigate increasing tensions between China and the US.
22.07 / 16:27
22.07 / 11:25
UPS
Amazon
Microsoft
Google
Racing
Barrett
AI companies
Pressured by Biden, AI companies agree to guardrails on new tools
White House announced Friday, pledging to manage the risks of the new tools even as they compete over the potential of artificial intelligence. The seven companies — Amazon, Anthropic, Google, Inflection, Meta, Microsoft and OpenAI — formally announced their commitment to new standards in the areas of safety, security and trust at a meeting with President Joe Biden at the White House on Friday afternoon. «We must be cleareyed and vigilant about the threats emerging from emerging technologies that can pose — don't have to but can pose — to our democracy and our values,» Biden said in brief remarks from the Roosevelt Room at the White House.
22.07 / 06:21
Bitfinex
Platform
Enterprise
Bitcoin
show
Deal
US couple accused of laundering crypto from Bitfinex hack reach plea deal
Bitfinex have entered into a plea agreement with federal prosecutors in Washington, court records showed on Friday. Ilya Lichtenstein and his wife Heather Morgan, both of Manhattan, were initially arrested in February 2022. They are set to appear for a plea hearing on Aug. 3 before U.S. District Judge Colleen Kollar-Kotelly in Washington, court records showed. A lawyer for Lichtenstein and Morgan and a spokesperson for the U.S. Attorney's office in Washington did not immediately respond to requests for comment. The pair was accused of conspiring to launder more than 100,000 bitcoin that was stolen, after a hacker attacked Bitfinex and initiated more than 2,0000 unauthorized transactions.
22.07 / 00:39
UPS
Provident
Google
stage
Google’s new AI tool 'Genesis': All you may want to know
Google in response came up with Bard. However, it seems Google has bigger plans now. It is now working on a new AI tool, dubbed Genesis which can help in generating news content, first reported by The New York Times.
21.07 / 20:13
Provident
Target
Waters
Gap
FARO
country
How a Tiny Archipelago Gave Russian Ships a Foothold in the Atlantic
While Europe has worked hard to close security gaps since Russia invaded Ukraine, a tiny island group in the North Atlantic provides a loophole for Russian ships to fish and dock in its waters and ports, among them vessels accused of spying and sabotage. Western nations are growing increasingly wary of what’s going on in and around the Faroe Islands, a self-governing territory under the Kingdom of Denmark which has a longstanding fishing agreement with Moscow. The agreement lets Russian vessels call at Faroese ports, circumventing a ban from European Union ports.
21.07 / 20:08
COST
UPS
Provident
Action
cover
Oil and gas companies would pay more to drill on public lands under new Biden rule
The Biden administration is proposing new rules for the nation’s oil and gas leasing program to raise costs for energy companies to drill on public lands and strengthen requirements to clean up old wells where drilling is completed or abandoned
21.07 / 20:07
Digital
Amazon
Microsoft
Google
Actor
country
Safeguards
Amazon, Google, Meta, Microsoft and other tech firms agree to AI safeguards set by the White House
President Joe Biden is praising new commitments by Amazon, Google, Meta, Microsoft and other companies that are leading the development of artificial intelligence technology to meet a set of AI safeguards brokered by his White House as an important ste...
21.07 / 20:07
UPS
Citi
Entertainment
NFL owners unanimously OK the Commanders sale to Josh Harris; Dan Snyder fined $60M on the way out
NFL owners have unanimously approved the sale of the Washington Commanders from Dan Snyder to a group led by Josh Harris
21.07 / 20:07
NFL owners unanimously approve $6.05 billion sale of Washington Commanders from Dan Snyder to group led by Josh Harris.
NFL owners unanimously approve $6.05 billion sale of Washington Commanders from Dan Snyder to group led by Josh Harris.
21.07 / 20:07
Provident
Target
Action
social
Economics website is filled with racist and sexist speech, some blame the nation’s top universities
Anonymous comments with racist, sexist and abusive messages that were posted for years on an an obscure, anonymous jobs-related website for economists originated from numerous leading U.S. universities, according to research released Thursday
21.07 / 17:05
Target
MET
Microsoft
Action
US Commerce secretary still plans China trip despite hacking
By David Shepardson and Doina Chiacu
21.07 / 13:25
21.07 / 12:13
Apple
country
No loss to India due to removal of retaliatory customs duties on eight US products: Minister
apples, walnuts, and lentils, will not result in a loss to the country, Parliament was informed on Friday. India had imposed these duties on 28 US products in retaliation to America's move to increase import duty on certain steel and aluminium goods. During Prime Minister Narendra Modi's recent visit to Washington, both sides decided to resolve six trade disputes at the World Trade Organisation.
21.07 / 11:35
UPS
Citi
Provident
Target
Southern
country
Russia aims missiles at Ukraine's farm storage after days of hitting port facilities
Black Sea port infrastructure. Hours later, seven Russian missiles also damaged what officials described as an «important infrastructure facility» southwest of the port city of Odesa, in what appeared to be part of an ongoing Kremlin effort to cripple Ukraine's Black Sea food exports. Officials did not immediately provide details of that attack.
21.07 / 10:53
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