Business

Does Silicon Valley dream of Philip K Dick?

His 1960s science-fiction visions are a guide to our age of erratic billionaires, wild space fantasies and glitchy, invasive technology

War Brings Winter of Discontent for the World’s Workhorse Fuel

A diesel squeeze spurred by wars in the Middle East and Ukraine is setting the stage for an even worse crunch as demand rises ahead of the Northern Hemisphere winter.

Pax Silica AI hub targets 3-to-5-year development timeline

MANILA — Groundbreaking for the initial 500-hectare phase of the 1,620-hectare Pax Silica AI hub in Central Luzon is targeted within three to five years. Speaking at a briefing in New Clark City, Tarlac, Bases Conversion and Development…

Situational Awareness’s Mystery Investment Was to Source Foundry

A mystery $400 million investment made by Situational Awareness just days after the hedge fund was on the brink of collapse was to chip manufacturing startup Source Foundry, according to people familiar with the matter.

Ukraine’s budget deficit to reach record-high 35% of GDP in 2026

The deficit is expected to amount to over $70 billion

Traffic via Novorossiya highway mostly restored — deputy PM

Marat Khusnullin says that about 7,000 cars travel via it daily, including 3,000 trucks

NAB chief urges withdrawal of Rs500m graft probe limit

• Tells Senate panel bureau’s hands are tied under amended law to act against govt officials • Says private sector accounts for 45pc of corruption ISLAMABAD: The National Account­abi­lity Bureau (NAB) on Friday urged the government to…

Union Workers Strike at BHP’s Port Hedland Iron Ore Export Hub

Unionized workers at BHP Group’s Port Hedland iron ore export hub in Western Australia have started rolling 24-hour strikes, escalating a pay dispute ahead of further meetings with the company.

Trump renews effort to remove US Fed Governor Lisa Cook

Trump has launched an unprecedented assault on the independence of the Federal Reserve in his second term.

Yen jumps on U.S. data as traders watch for intervention clues

The currency gained 0.4% on the day to trade at ¥157.76 per dollar as of 5 p.m. in New York.

Canada’s PSP Is Said to Mull $1.5 Billion Sale of Roads in India

The Public Sector Pension Investment Board is exploring options for its roads in India, including a sale, according to people familiar with the matter.

Nvidia to invest up to $3 billion in Lancium, the Information reports