US White House has accused China of "industrial scale" theft of US AI tech labs' intellectual property, FT reports citing a memo
The White House's accusation against China regarding "industrial scale" theft of AI intellectual property signals a potential escalation in U.S.-China tensions.
China's NDRC officials met with Airbus (AIR FP) executive, reports suggest; China welcomes Co's continued investment in the country
Voya Financial (VOYA) is facing pressure from Toms Capital to sell all/part of its pension and insurance products empire, FT reports
US White House has accused China of "industrial scale" theft of US AI tech labs' intellectual property, FT reports citing a memo
US EQUITY OPEN: Indices see downside bias as software slammed by weak reports
"House Majority Leader SCALISE held a meeting with Budget Chair ARRINGTON & other key House Republicans this morning on plans for reconciliation 3.0", Punchbowl's Weiss reports citing sources
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This could lead to heightened scrutiny on technology investments and further sanctions, impacting both U.S. and Chinese tech sectors. Traders should consider how this geopolitical friction might affect broader market sentiment and asset flows towards safe havens like gold or the dollar.
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