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November 8, 2025
  • Exclusive-China starts work on easing rare earth export rules but short of Trump hopes, sources say
  • Banks lend $18 billion for Oracle-tied data center project, Bloomberg News reports
  • Nvidia CEO Huang sees strong demand for Blackwell chips
  • Exclusive-US Army to buy 1 million drones, in major acquisition ramp-up
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November 8, 2025

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Exclusive-China starts work on easing rare earth export rules but short of Trump hopes, sources say

Financial Wealth Daily6 hours ago03 mins

(Reuters) -China has begun designing a new rare earth licensing regime that could speed up shipments, but it is unlikely to amount to a complete rollback of restrictions as hoped by Washington, industry insiders said. The Ministry of Commerce told some rare earth exporters they will be able to apply for new streamlined permits in…

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Banks lend $18 billion for Oracle-tied data center project, Bloomberg News reports

Financial Wealth Daily6 hours ago02 mins

(Reuters) -A consortium of around 20 banks is providing a project finance loan of about $18 billion to support the construction of a data center campus linked to Oracle in New Mexico, Bloomberg News reported on Friday. Sumitomo Mitsui Banking Corp, BNP Paribas SA, Goldman Sachs Group, and Mitsubishi UFJ Financial Group are administrative agents…

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Nvidia CEO Huang sees strong demand for Blackwell chips

Financial Wealth Daily6 hours ago02 mins

By Wen-Yee Lee HSINCHU, Taiwan (Reuters) -Nvidia CEO Jensen Huang on Saturday said the semiconductor giant is experiencing “very strong demand” for its state-of-the-art Blackwell chips, as its appetite for wafers from TSMC grows. “Nvidia builds the GPU (graphics processing units), but we also build the CPU (central processing units), the networking, the switches, and…

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  • Exclusive-China starts work on easing rare earth export rules but short of Trump hopes, sources say
  • Banks lend $18 billion for Oracle-tied data center project, Bloomberg News reports
  • Nvidia CEO Huang sees strong demand for Blackwell chips
  • Exclusive-US Army to buy 1 million drones, in major acquisition ramp-up
  • US consumer sentiment near 3-1/2-year low as government shutdown fuels anxiety

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