China is still on course to overtake the United States as the world’s largest economy in the next decade, as the global balance of power pivots towards Asia and America pursues a string of “self-defeating” policies, a prominent academic has said. While the Chinese economy is undergoing a structural transition, the current challenges facing the US are more severe, according to Li Cheng, the founding director of the University of Hong Kong’s Centre on Contemporary China and the World. The US is...

Soon after the author Gabrielle Carey died, her name lit up my phone – causing an indescribable mix of elation and disbelief A couple of weeks after my oldest friend died, my phone rang and her name lit up the screen. It was “Gab” calling. I knew that Gabrielle Carey could not possibly be calling me but, for a few peculiar moments, I was gripped by the powerful conviction that she was. Maybe the last few weeks had been a nightmare and when I slid my thumb across the accept button, it would actually be her speaking. Maybe she was ringing to tell me her death was all a joke and that she wanted to see if I was up for a walk, needed me to help tidy her house or had a book-related question she thought I could answer. Such is the human brain; numerous thoughts like these can scuttle through your mind in microseconds. It was a complex feeling, both elation and disbelief, something I have otherwise not experienced because no one from the realm of the dead has ever tried to call me before. Perhaps the Germans have a word for this – they usually do. Continue reading...

Human Rights Watch and others say they have documented use of weapon in civilian areas, which some argue is illegal When the M825-series 155mm artillery projectile airbursts, expelling its felt wedges containing white phosphorus, it leaves a distinctive knuckle-shaped plume. That is how Human Rights Watch (HRW) researchers said they were able to verify that Israel was again using the notorious weapon over south Lebanon, reigniting accusations that it is breaking the laws of war. The New York-based rights group said it had verified and geolocated eight images showing airburst white phosphorus munitions exploding over residential areas in the southern Lebanese town of Yohmor in the opening days of Israel’s assault during the war on Gaza. Continue reading...

The true quality of a fabric is revealed by a neutral tone – one that beautifully offsets the brighter tones of 2026. Just don’t mention John Major Sometimes a colour name is a whole mood. Rouge Noir: the stamp of cult 1990s glamour. Millennial pink: the colour of overthinking and oversharing. Elephant’s Breath by Farrow & Ball: the imperial age of the gastro pub. I have a new favourite. Pairs is a lovely little Scottish brand which makes great quality socks at good prices. There are many cute names – Frosting Pink, Milky Tea Beige – but the one I just had to click on was Correct Grey, “a warm grey with nods to a classic British school sock”, according to the website. Continue reading...

Roy’s memoir Mother Mary Comes to Me and Doucet’s The Finest Hotel in Kabul are joined by books on exile by Ece Temelkuran and Judith Mackrell and an ode to the arts by Daisy Fancourt Arundhati Roy, Lyse Doucet and Judith Mackrell are among the writers shortlisted for this year’s Women’s prize for nonfiction. Jane Rogoyska, Ece Temelkuran and Daisy Fancourt are also in contention for the £30,000 prize, launched in 2024 to address the persistent gender imbalance in UK nonfiction prize winners. To browse all books in the 2026 Women’s prize for nonfiction shortlist, visit guardianbookshop.com . Delivery charges may apply. Continue reading...

da-kuk/E+ via Getty Images Thesis Arm Holdings plc ( ARM ) is a semiconductor design company based in the UK. It creates the designs for processors used in billions of devices, from smartphones and cloud infrastructure to increasingly AI systems. Arm shares are moving higher in pre-market trading after the company introduced its AGI CPU for AI data centers and laid out ambitious long-term expectations for the product. The announcement, along with partnerships with companies such as Meta Platforms ( META ) and OpenAI, and manufacturing handled by Taiwan Semiconductor Manufacturing Company ( TSM ), signals a real strategic pivot for the company. Instead of only licensing its chip designs to other companies, Arm is starting to sell its own CPUs designed for data centers. After going over the news, factoring in the data, and reflecting on the implications, I’m leaning bullish because the goal is to capture more of the value from AI infrastructure rather than remain a supplier of underlying designs. Arm Holdings: Expanding Beyond Chip Design Arm’s business model has historically been simple. The company doesn't manufacture chips itself. Instead, it designs the processor blueprints that other companies use to build their own chips. Companies such as Apple ( AAPL ), Qualcomm ( QCOM ), Nvidia ( NVDA ), and many smartphone chip manufacturers license Arm’s designs and then incorporate those designs into the processors they produce. But AI infrastructure changes the economics of chips. CSS share of Arm royalties : ~20% Years since CSS introduction: ~3–4 years. AI chips, especially the ones used in cloud data centers, are incredibly complex systems. It’s a whole system-on-chip architecture problem. And that’s where CSS (Compute Subsystems) come in. Instead of selling just a CPU core, Arm sells something closer to a pre-integrated platform: CPU clusters, interconnects, memory systems, and other components already designed to work together. So CSS reduces the time and engineering...

A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. In the first weeks of the war with Iran, the expectation was that the impact on the global economy would be short-lived, but as it has dragged on that is no longer the case. Two weeks ago, Christian Ulbrich, CEO of JLL, said he was not "overly concerned" about interest rates, because he thought the end of the war would be coming soon. "If it doesn't," he told the Property Play podcast, "We have a different situation." JLL has a major footprint in the Middle East, managing and leasing properties in Dubai and Abu Dhabi in the United Arab Emirates and in Riyadh, Saudi Arabia. It also provides project and investment management for large-scale infrastructure and investment projects. Ulbrich said his concern first and foremost was for his employees in the region, and that he had been in close touch with managers there monitoring their safety. The business impacts, he said, depended on how long the conflict lasted. "It's a tragedy from a point that the region was on a really strong growth trajectory, and this is, at the moment at least, interrupted for the time being," said Ulbrich. Residential real estate transactions in the UAE were down 38% in the second week of March compared with the same period in 2025, and the value of transactions was down 42%, according to analysts at Goldman Sachs in a recent report. And it's not just the Middle East. "We entered this conflict with a very strong outlook for 2026. The economy was doing really well globally and particularly well here in the U.S.," Ulbrich said. "Inflation was coming down, still a bit sticky, but directly coming down in the U.S. [and] very much, coming d...

Welcome to the Brussels Edition. I’m Suzanne Lynch, Bloomberg’s Brussels bureau chief, bringing you the latest from the EU each weekday. Make sure you’re signed up . Europe’s efforts to scale up its defense spending took a small step today as the EU announced a pilot grant program for startups developing new defense technologies. The announcement is small fry in terms of money — €115 million from the bloc’s current budget, distributed in company grants of up to €5 million — but the bigger goal is speed. The European Commission says it’s about getting cash to small scale-ups within four months in a bid to respond to a rapidly changing defense landscape shaped by innovative technologies like AI and quantum computing. Access to capital has long been a problem facing small companies in Europe. One statistic cited by Defense Commissioner Andrius Kubilius today stands out: about 75% of defense procurement goes to big contractors in Europe, compared to less than 40% in the US. The limited level of funding announced today also illustrates the challenges facing the EU as it tries to burnish its credentials as a serious defense player. Apart from its €150 billion loan program known as SAFE, most of the big defense spending decisions are made at the member state level, not by Brussels. Europe is still facing a massive challenge in developing anti-ballistic missiles and air-defense capabilities — a big issue for Ukraine, which is continuing to battle drone attacks from Russia — a gap that programs like those announced today are unlikely to address. Further insights into Europe’s defense challenges will be revealed tomorrow when NATO Secretary General Mark Rutte presents the agency’s 2025 annual report. He’s also likely to give an update on the progress made by members of the defense alliance on hitting the spending targets agreed at last year’s summit in The Hague. The Latest The ECB will act decisively and swiftly if the current surge in energy costs risks a broader bout of in...

Major earnings expected after the bell on Wednesday include: Beyond Meat ( BYND ) Precigen ( PGEN ) Planet 13 Holdings ( PLNH ) Karman Holdings ( KRMN ) Jefferies Financial Group ( JEF ) Other Earnings slated for release after Wednesday's close include: CTSO , FUL , JBS , LGMK , MDV , MLKN , NDLS , WYY For Seeking Alpha's full earnings season calendar, click here .

KanawatTH/iStock via Getty Images I previously covered CVS Health (NYSE: CVS ) in December 2025, discussing why I had reiterated my Buy rating then, with the raised FY2025 adj EPS guidance and the promising consensus forward estimates well supported by the robust YTD outperformance, the raised premiums/ACA exit, and the four-star award for the majority of its Medicare Advantage plans in 2026. In this article, I shall discuss why I am reiterating my Buy rating for the CVS stock, thanks to the discounted valuations/ongoing correction triggering the richer forward dividend yields and the expanded upside potential to my bull-case price target of $111.90. This is significantly aided by the well covered dividend obligations at $3.39B against the FCF generation of $7.8B along with the promising multi-year recovery prospects as observed in the FY2025 outperformance/FY2026 guidance/reiterated 2028 adj EPS growth prospects. CVS's Headwinds & Tailwinds Discussed CVS 1Y Stock Price (Trading View) Since my last Buy rating, CVS has continued to trade sideways albeit well supported along the $71s trading floor since August 2025, after losing -16% of its value from the 52 weeks highs, with a similar correction also observed in its healthcare-related peers in varying degrees. After the great market rotation to value/dividend-oriented stocks in late 2025, it appears their upward momentum may be waning after the double digits rally between the 52 week lows and the 52 week highs, as similarly observed in CVS' overly done rally by +45.9% then. 1. Medicare Advantage/Insurance Headwinds I am of the opinion that CVS' steep pullback in late January 2026 is somewhat warranted indeed, given their likely to be prolonged margin recovery prospects arising from the negative spread between: the "proposed nearly flat reimbursement rates for Medicare Advantage payers in 2027" and the "MA risk scores to increase, on average, by 2.45% due to the underlying coding trend " against the net average paymen...

Veho, the modern delivery partner for e-commerce brands, has been named to Fast Company's list of the World's Most Innovative Companies of 2026 in the logistics category. Veho earned its place on the list by building a delivery network that gives brands end-to-end control across the post-purchase journey.

Deck Commerce, the modern order orchestration platform for high-growth commerce brands, today announced that O5 Group has selected Deck Commerce to power the next phase of Eddie Bauer's direct-to-consumer digitaloperations across North America.

10am: US stocks open higher, ARM jerks higher on AI chip pivot US stocks opened strongly but have eased back from early gains, with the Dow Jones and S&P 500 now up 0.6% and the Nasdaq holding a firmer 0.9% rise. Early leadership on the S&P came from tech and crypto-linked names,...

Years ago, I knew a woman who'd recently gone through a contentious divorce. There was no "conscious uncoupling." This couple went scorched-earth during their divorce, doing everything they could to hurt each other. Months later, with the ink on the divorce papers barely dry, the ex-husband died. And because he'd never changed the beneficiary on his life insurance, his ex-wife became a relatively wealthy woman. It was clear that the ex-husband could have used professional estate planning before his passing. Image source: Getty Images. Continue reading

Fuel pumps are running dry in parts of Chile as drivers rush to tank up before prices jump by as much as 54% Thursday. Angered by the fuel price hikes, some Chileans on Wednesday evening banged pots while student protests briefly shut a key metro line in the capital Santiago. The new government of conservative President José Antonio Kast decided to unleash the full brunt of the oil price shock onto most consumers all in one go, asserting that the previous administration’s reckless spending left it no other choice. Just two weeks into his term, it’s Kast who’s facing blowback, even from some of his core supporters who voted for an “emergency” government focused on crime and migration, not fuel prices. A Cadem poll, published Wednesday and conducted after Finance Minister Jorge Quiroz announced the abrupt fuel price increases on Monday night, showed that Kast’s approval rating dropped by four percentage points to 47%, while his disapproval climbed by seven points to 49%. “As someone who voted for Kast, I’m worried about how solid their arguments are,” said Ramón Gutiérrez, a trucker in south-central Chile that’s a conservative bastion of Kast support. On top of the immediate hit of diesel prices, Gutiérrez said he’s concerned about higher costs for labor, spare parts and tires. “The government should have done this more gradually. I would have been more cautious,” he said. In his pre-recorded interview with Teletrece Monday night, Finance Minister Quiroz quipped that truckers, like himself, “can’t work miracles. They will have to transfer the prices.” But a full pass-through isn’t realistic, said José Villagrán, president of the Malleco and Cautín Truck Owners’ Trade Association. “We’re very concerned because you need working capital to survive, and those of us with fewer than 10 trucks live day to day,” he said. “We’re even wondering whether it’s better not to work,” Villagrán added. “The situation is very, very complicated.” Truckers are meeting to discuss their res...

3 reasons why Micron is a brilliant stock to buy MSN

Scott Dreyer, Executive Vice President and Chief Commercial Officer of Collegium Pharmaceutical (NASDAQ:COLL) , reported the sale of 49,976 shares of common stock in open-market transactions on March 3, 2026, according to an SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average purchase price ($40.41); post-transaction value based on March 24, 2026, market close ($33.23). *1-year performance calculated using March 24, 2026, as the reference date. Continue reading

中国海警局新闻发言人刘德军表示，近日，中国海警位黄岩岛附近管辖海域内例行组织维权执法训练，并依法提前发布了航行安全通告。其间，菲方纠集大量船只冲闯中方演训区，打着“捕鱼”的幌子，企图制造事端、煽宣炒作、骗取国际关注。我们正告菲方，立即停止挑衅滋事和炒作抹黑。中国海警将依法在中国黄岩岛海域开展维权执法活动，坚决维护国家领土主权和海洋权益。（央视新闻）

财联社3月25日讯（记者 梁祥才） 在钨价年内翻倍高位运行背景下， 厦门钨业 （600549.SH）拟接连出手数亿元并购两大钨矿。 今日晚间，厦门钨业公告，已与福建省工业控股集团有限公司（简称“省工控集团”）、江西钨业控股集团有限公司（简称“江钨集团”）签署三方《合作协议》，拟收购省工控集团权属企业江西巨通实业有限公司（简称“江西巨通”）30.1683%股权。 本次交易采取非公开协议转让方式，交易价格以第三方评估机构出具的《资产评估报告（初稿）》为基础，江西巨通股东全部权益价值约19.66亿元，最终价格将以经福建省国资委评审备案的评估结果为准。据此初步计算，江西巨通30.1683%股权对应价值约5.9亿元。 公告显示，江西巨通持有大湖塘北区和南区两个钨矿采矿许可证，合计保有资源储量三氧化钨金属量约138.3万吨，伴生钼金属量约3.3万吨。 其中，北区钨矿采用露天开采方式，生产规模达660万吨/年，采矿权有效期至2049年12月；南区钨矿为地下开采，生产规模165万吨/年，采矿权有效期至2052年12月。此外，江西巨通还参股了九江大地矿业开发有限公司（简称，“九江大地”）30%股权，后者持有铜钼多金属矿探矿权及昆山钨钼矿采矿权。 根据协议，除厦门钨业外，江钨集团同步受让江西巨通30%股权，交易完成后省工控集团权属企业持股比例降至25%。三方同时约定，厦门钨业及其权属企业在同等条件下享有大湖塘钨矿生产的钨精矿60%的优先购买权，江钨集团享有40%优先购买权。 从财务数据看，江西巨通目前尚未实现盈利。2025年，该公司营业收入570.52万元，亏损8978.77万元，截至2025年末净资产为-2.72亿元。厦门钨业表示，收购后将推动大湖塘钨矿的开发建设，提高公司钨原料自给率，降低原料采购风险。 值得关注的是，厦门钨业在昨日还公告了另一项资源收购，拟出资2.95亿元收购九江大地69%股权（包含江西巨通持有的30%股权），该公司采矿权范围内保有资源储量三氧化钨金属量约4.99万吨、钼金属量7.3万吨。 当前钨行业正处于高景气周期。行业数据显示，2026年以来国内钨价持续拉涨，截至3月25日黑钨精矿（品位≥65%）价格为102万元/吨，年内涨幅约123%。 需要说明的是，即使是钨业龙头矿端自给率也偏低。 日前，财联社记者以投资者身份从厦门钨业获悉，“公司后端的深加工量需求特别大...

格隆汇3月25日丨据伊朗新闻电视台，伊朗政府发表声明，伊朗已审阅相关提案，并认为其过于苛刻。不会允许特朗普来决定战争结束的时间，将在自行选择的时机结束战争。结束战争的第一条件是停止袭击和暗杀。

watch now VIDEO 1:34 01:34 Former SEC Chair Jay Clayton on suspicious futures trading: The law is not as clear as it should be Squawk Box Jay Clayton said regulators would likely examine the unusual burst of trading activity early Monday that preceded a market-moving social media post from President Donald Trump. "Any move like that in advance of any announcement, the regulators are going to look at," Clayton, a former chair of the Securities and Exchange Commission, said Wednesday on CNBC's " Squawk Box ," referring to the spike in futures trading minutes before Trump disclosed that the U.S. and Iran had held talks and that planned strikes on Iranian infrastructure would be halted. Clayton, now the U.S. Attorney for the Southern District of New York, said authorities would work to reconstruct the activity and identify participants across markets. "They'll go back and track every single thing, everyone," he said. The SEC declined to comment. Clayton noted that regulators have the most visibility in cash equities, where trading data allows for detailed analysis of who bought and sold securities and when. Surveillance in other areas, including futures and commodities markets, can be more complex and less comprehensive. "I always tell people our best surveillance is in the cash equities markets — like, we can track it," Clayton said. "Commodities markets, and others, it's a little more difficult." The comments come after a sharp spike in trading volume in S&P 500 and oil futures around 6:50 a.m. New York time, roughly 15 minutes before Trump's post helped lift equity markets and push oil prices lower. "There's a point here which Congress should act on — let's make it clear across the board," he said. "The law is not as clear as it should be...There are a lot of people who say this is okay. I don't feel like it's okay." Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.

The Philippines is working with Washington to secure waivers and exemptions that will allow it to obtain oil from US-sanctioned countries and guarantee supplies, its ambassador to the United States said. The Philippines, which relies heavily on imported fuel, declared a state of national energy emergency on Tuesday to deal with the fallout from the Middle East war, including ‌the disruptions to oil procurement. “We are working with the State Department to get waivers or exemptions to purchase...

The Engine of the Intelligence Age: A Deep-Dive Research Feature on NVIDIA (NVDA) FinancialContent

The Engine of the Intelligence Age: A Deep-Dive Research Feature on NVIDIA (NVDA) markets.financialcontent.com

Why is Advanced Micro Devices stock up today? Investing.com

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(RTTNews) - Shares of Terns Pharmaceuticals, Inc. (TERN) are moving up about 5 percent on Wednesday morning trading after Merck (MRK) announced a definitive agreement to acquire the company, through its subsidiary, for $53.00 per share in cash for an approximate equity value of $

China’s food-delivery war could be about to end. Food delivery platform operator Meituan Hong Kong-listed shares closed 14% higher on Wednesday. The rally came after China’s State Administration for Market Regulation reposted a column by state-run newspaper Economic Daily that called for an end to the price war between food-delivery operators.

LIG Nex1 and Palantir to Enhance UAE’s Air Defense Capabilities with AI Businesskorea

claffra/iStock Editorial via Getty Images Oilfield services company SLB ( SLB ) said Wednesday it is expanding its technology collaboration with Nvidia ( NVDA ) to design and deploy AI infrastructure and models for the energy industry. SLB ( SLB ) said the deal builds on the partnership that began ​in 2008, when Nvidia ( NVDA ) accelerated computing was first used to enhance SLB subsurface visualization and seismic imaging software, which expanded in 2024 to the development of ⁠generative AI solutions for the energy sector. SLB ( SLB ) will serve as the modular design partner for Nvidia ( NVDA ) DSX data centers, using offsite construction to reduce costs, labor constraints, and lead times. The companies will develop an "AI Factory for Energy" reference environment powered by generative AI models and industrial-scale agentic AI that will run on SLB's ( SLB ) digital platforms to help energy companies use AI for their data and operations. The collaboration also aims to accelerate the transformation of large amounts of operational data into actionable insights by combining Nvidia ( NVDA ) Omniverse libraries and Nemotron open models with SLB's ( SLB ) digital and AI platforms. "Building AI factory infrastructure and domain models is needed to turn massive amounts of energy data into ⁠actionable ​insights and accelerate more efficient ​and sustainable energy systems," Nvidia's ( NVDA ) VP of AI infrastructure Vladimir Troy said. More on SLB SLB: Cheap Valuation On Long-Term Fundamentals SLB: An Interesting Proposition SLB: Excessive Optimism Already Baked In Before Q4 Earnings