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BREAKINGNexperia Dispute Threatens European Car Production
China’s export ban on Nexperia microcontrollers after the Netherlands seized the company is threatening Europe's auto industry. Bosch is preparing furloughs, and Volkswagen, BMW and Mercedes are scrambling for alternative chips.
BREAKINGTrump Halts U.S.–Canada Trade Talks Over a Controversial Anti‑Tariff Ad
President Trump abruptly ends trade negotiations with Canada after a TV ad featuring Ronald Reagan’s anti-tariff speech. Canadian PM Mark Carney says progress was made and stands ready to resume talks.
BREAKINGTrump’s H-1B Visa Overhaul Hits Finance and Tech with $100k Fee
The Trump administration’s overhaul of the H-1B visa program – including a hefty $100,000 fee per new visa – is sending shockwaves through the business world. Major financial institutions, which collectively received about 12,000 H-1B visas in 2025, fear increased costs and talent shortages, while tech startups say the changes could “kneecap” their ability to hire skilled workers. Banks may need to shift roles overseas or pay a premium for critical talent, as policymakers defend the plan as opening jobs for U.S. workers. Companies across finance and tech are now scrambling to assess the impact of these sweeping visa reforms
BREAKINGCyberattack Halts Jaguar Land Rover Factories, Exposes Global Supply Vulnerabilities
A cyberattack discovered on 31 Aug forced Jaguar Land Rover to halt production across its UK, Slovakian, Brazilian and Indian factories. The shutdown, extended until 1 Oct, has exposed supply‑chain vulnerabilities, left 33 000 workers idle and prompted government support for suppliers.
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BREAKINGOracle and Meta Reportedly Negotiating $20 Billion AI Cloud Deal
Meta Platforms is reportedly negotiating a multi‑year cloud contract with Oracle worth about $20 billion to secure computing power for large AI models. Analysts say the deal could significantly boost Oracle’s cloud revenue and accelerate Meta’s AI development.
BREAKINGGoogle pledges £5 billion to expand AI infrastructure in Britain
As part of a historic £42 billion “Tech Prosperity Deal” announced during Donald Trump’s state visit to London, Google will invest £5 billion in the UK. The plan includes building a major data-centre campus in Waltham Cross, expanding renewable-energy projects, and strengthening DeepMind’s AI research efforts—creating thousands of jobs and reinforcing Britain’s role in global technology.
BREAKINGElliott Takes $4B Stake in PepsiCo, Urges Turnaround Moves
Activist investor Elliott Investment Management took a roughly $4 billion stake in PepsiCo and is urging the company to consider refranchising its bottling operations and other moves to boost profitability. The news sent PepsiCo shares higher.
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