NEC Corporation's President and CEO speaks to Bloomberg's Haslinda Amin on the sidelines of the World Economic Forum in Davos. Morita says he supports the Japanese government's new investment plan. He also confirms NEC will continue to pursue disciplined global acquisitions as one of its core growth strategies. (Source: Bloomberg)
NEC Corporation's President and CEO speaks to Bloomberg's Haslinda Amin on the sidelines of the World Economic Forum in Davos. Morita says he supports the Japanese government's new investment plan. He also confirms NEC will continue to pursue disciplined global acquisitions as one of its core growth strategies. (Source: Bloomberg)
Nvidia has backed a funding round in artificial-intelligence start-up Baseten. Baseten helps companies deploy and run large AI models. The deal comes hot on the heels of Nvidia’s big licensing agreement with Groq, a privately held chip start-up focusing on hardware for AI inference.
Nvidia has backed a funding round in artificial-intelligence start-up Baseten. Baseten helps companies deploy and run large AI models. The deal comes hot on the heels of Nvidia’s big licensing agreement with Groq, a privately held chip start-up focusing on hardware for AI inference.
This report is from this week's CNBC's The China Connection newsletter, which brings you insights and analysis on what's driving the world's second-largest economy. You can subscribe here. The big story China is moving from global exporter to investor, right into regions the U.S. is eyeing. As U.S. President Donald Trump this year intensified U.S. influence on Venezuela, Iran and Greenland, one of...
This report is from this week's CNBC's The China Connection newsletter, which brings you insights and analysis on what's driving the world's second-largest economy. You can subscribe here. The big story China is moving from global exporter to investor, right into regions the U.S. is eyeing. As U.S. President Donald Trump this year intensified U.S. influence on Venezuela, Iran and Greenland, one of the immediate concerns on the Chinese side was its local investments . Speaking at Davos on Tuesday, Chinese Vice Premier He Lifeng urged global leaders to provide a fair and predictable environment for Chinese businesses operating overseas. There are significant investments in factories and tech at stake. While China's trade surplus ballooned to a record $1.2 trillion in 2025, Beijing's deals and contracts with countries tied to the Belt and Road Initiative surged to new highs . Latin America, the Middle East and Africa are key regions for the initiative, widely seen as a channel for China to build global influence. Looking ahead to 2026, the Financial Times's FDI Intelligence survey predicted China will be the largest source of overseas direct investment in 2026, ahead of the United Arab Emirates and then India. The U.S. tied with Saudi Arabia for fourth place. The composition of that investment is also shifting. More Chinese overseas investments are in tech and manufacturing , partly because tariffs are pushing Chinese electric car companies to localize production abroad. A Neolix X3 vehicle rolling off the production line at a factory of Chinese autonomous delivery vehicle maker Neolix in Yancheng, in eastern China's Jiangsu province on Dec. 4, 2025. Jade Gao | Afp | Getty Images Global businesses and leaders are also curious to see how China's tech stacks up. Over the past six months, Beijing-based autonomous delivery vehicle company Neolix has begun receiving global visitors, including logistics businesses and the French Ministry of Transportation, Will Zhao, executi...
European shares erased declines after US President Donald Trump said he won’t use excessive force in his pursuit of Greenland. The Stoxx Europe 600 Index was little changed at the close after earlier dropping as much as 0.9%. Trump said he was seeking immediate negotiations about the acquisition of Greenland in a speech at the World Economic Forum in Davos. Meanwhile, the European Parliament will ...
European shares erased declines after US President Donald Trump said he won’t use excessive force in his pursuit of Greenland. The Stoxx Europe 600 Index was little changed at the close after earlier dropping as much as 0.9%. Trump said he was seeking immediate negotiations about the acquisition of Greenland in a speech at the World Economic Forum in Davos. Meanwhile, the European Parliament will delay a vote to ratify the bloc’s trade agreement with the US, according to people familiar with the matter. “We probably won’t get anything unless I decide to use excessive strength and force where we would be, frankly unstoppable, but I won’t do that,” Trump said. A UBS Group AG basket of stocks exposed to defense spending fell 1.3% , and renewable stocks also declined. Although Trump removed the downside scenario for Greenland and helped the market partly recover from losses, “it does not change his demands and leaves the tariff threat in place,” said Wolf von Rotberg , equity strategist at Bank J Safra Sarasin. Markets have been rattled this week by the latest threats from Trump on countries that have opposed his demand for Denmark to hand over Greenland to the US. The optimism that marked the start of the year has been now put to test as political tensions add to extended valuations and positioning, with the main regional benchmark now 1.8% higher year-to-date. Elsewhere, mining stocks outperformed, as copper prices advanced after Goldman Sachs Group Inc. forecast continued flows of the metal into the US. Among individual movers, Danone SA slid 8.4% after one of its infant formula products was pulled from shelves in Singapore. Barry Callebaut AG shares gained 3.3% after it appointed former Unilever Plc boss Hein Schumacher to succeed Peter Feld as chief executive officer. Burberry Group Plc rose 5.0% as sales advanced over the key holiday period. For more on equity markets: Trump Gives Bullish Investors a Reason to Sell: Taking Stock M&A Watch Asia: Bridge Data Centres...