Saturday , 20 December 2025

Recent Posts

British consumers to cut back in 2024, adding to recession risk

BLOOMBERG UK consumers are increasingly worried about their financial security and holding tighter to their purse-strings heading into 2024, reviving concerns that the economy could tip into a recession. While inflation has now fallen or remained steady for nine consecutive months, 41% of consumers say they’re feeling less financially secure than at the end of 2022, according to a survey …

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Nvidia launches new gaming chip version for China

BLOOMBERG Nvidia Corp, the world’s most valuable chipmaker, is selling a less-capable version of its best graphics product for video gamers in China, after the US government tightened restrictions on what the company can market in that country. The version of the GTX 4090 D chip that is listed for sale on Nvidia’s China website has about 10% fewer processing …

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Huawei sales near $100b in the year of China’s surprise breakthroughs

BLOOMBERG Huawei Technologies Co’s revenue surged 9% in 2023, capping a dramatic year for a Chinese technology powerhouse that challenged Apple Inc and US sanctions with a surprise breakthrough in chip technology. Sales jumped to more than 700 billion yuan ($98.7 billion), their fastest pace of growth in years thanks to a resurgent smartphone business and robust 5G equipment sales. …

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