Global shipments of personal computers rose 3 per cent in the second quarter, driven by rising demand for AI-capable devices, according to preliminary data from research firm IDC released on Tuesday.

AI boom sparks resurgence in global PC shipments

Oil prices nudged higher as signs of another inventory draw in the US offset concerns on the timeline for Federal Reserve interest-rate cuts following Chair Jerome Powell's testimony.

Is the Fed's hesitation fuelling a surge in oil prices?

A nonbinding offer to take the French cybersecurity company Exclusive Networks SA private has been made by an investor group led by Clayton Dubilier & Rice, and Permira, according to sources with regard to the matter, for approximately $2.

Investor group backs buyout offer for Exclusive Networks SA

The National Samsung Electronics Union in South Korea called for an indefinite strike on Wednesday to intensify its campaign against the company for better wages and benefits.

Samsung faces uncharted territory in South Korea as union calls indefinite strike

China's central bank did not purchase any gold in June, marking the second consecutive month of no gold purchases. Last month marked the end of an 18-month buying streak that pushed Gold prices to record highs.

India & Turkiye lead global gold buying as China holds back

The ongoing rows between the United States and China over computer chips are ideological, not fact-based, and likely to persist, the recently retired Chief Executive Officer of semiconductor equipment maker ASML, Peter Wennink, said in an interview with Dutch radio station BNR on Saturday.

ASML's Ex-CEO on US-China chip war: ideology over facts, decades-long battle ahead

The European Commission held consultations with the region's semiconductor industry to garner views on China's ramp-up in the production of older-generation computer chips, according to sources quoted by Reuters.

EU reviews semiconductor industry amid China's legacy chip expansion

While Republicans have coalesced around Donald Trump as their nominee, there is still a divide within the party over what to do with the federal corporate tax rate if they recapture control of Washington next year.

GOP clashes over corporate tax rates: balancing cuts and voter appeal

China's central bank did not buy any gold in the month of June, thereby marking the second straight month of no addition to reserves. This was a pause while gold prices eased from their record highs.

China’s central bank pauses gold purchases for second month

China Association of Automobile Manufacturers (CAAM) has expressed severe dissatisfaction over the proposed anti-subsidy tariffs set by the European Union. CAAM alleged that although the manufacturer had cooperated with the European Commission's investigation over Chinese subsidies, the investigation ignored the facts and came up with preset results.

Chinese automakers express strong dissatisfaction over EU anti-subsidy tariffs

The outperformance of Nvidia Corp. has stalled according to New Street Research analyst, Pierre Ferragu, to cut the AI-focused chipmaker from buy to neutral. Ferragu commented that it felt like the shares of Nvidia were "getting fully valued" after surging 154 per cent this year and almost 240 per cent the previous one.

Nvidia's valuation peak: Is the AI chip leader losing its lead?

Talen Energy has petitioned US regulators to dismiss a challenge brought against its recent deal with Amazon data centre. The opposition, led by electric utilities such as American Electric Power and Exelon, claims that there is likely to be an increase in the power bills for the general public with such an agreement.

Power play: Will Talen's Amazon deal spark a utility battle?

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Zee News Rajasthan

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