Business news
- Seizing Greenland risks 'monumental' fallout, ex-Iceland president warns, as Trump sharpens rhetoric - A U.S. attempt to seize Greenland by force would trigger "monumental consequences" for the Western alliance and the global order, said former Icelandic President Olafur Grimsson.
- Trip.com shares plunge over 20% as China opens antitrust probe into Asia's largest online travel firm - In a statement, Trip.com said it would "actively cooperate" with the investigation, and added its business operations remain normal.
- Iran briefly closes airspace as U.S. tensions rise, flights rerouted across region - Iran temporarily closed most of its airspace late Wednesday, forcing airlines to reroute flights as tensions with the United States escalated.
- Musk's xAI disables Grok's ability to create sexualized images of real people after backlash - X's safety account said in a social media post that no users will be able to create sexualized images of real people using Grok.
- Asia-Pacific markets trade mixed as investors await Bank of Korea decision - Asia-Pacific markets traded mixed as investors awaited a policy decision from the Bank of Korea.
- Vance breaks Senate tie, votes to block Venezuela war powers resolution - Vice President JD Vance's tie-breaking vote on Wednesday blocked a resolution intended to halt President Donald Trump from using the military in Venezuela.
- Elon Musk's xAI probed by California DOJ over Grok's deepfake explicit images - Musk's Grok AI chatbot faces investigations from India, Malaysia, Indonesia, Ireland, Australia, the UK and France as well.
- Trump administration clears way for Nvidia H200 chip sales to China with a 25% surcharge - The H200's performance has been exceeded by two generations of Nvidia chips currently in production, the Blackwell and Rubin.
- Oil falls nearly 2% after Trump signals he could hold off on attacking Iran - Trump told reporters in the Oval Office that "we've been told that the killing in Iran is stopping. It's stopped. It's stopping, and there's no plan for executions."
- Stellantis CEO: 2026 is the ‘year of execution’ as Wall Street awaits turnaround strategy - Stellantis CEO Antonio Filosa views 2026 as an execution year for the embattled automaker following years of sales declines in the U.S.