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MOFCOM responded to reporters' questions on the UK government's nationalization of British steel.

2026-07-17

MOFCOM responded to reporters' questions on the UK government's nationalization of British steel.

Other News
2026-07-16

TSMC Chairman C.C. Wei said the foundry will reflect its technology and manufacturing value but will not suddenly impose large price hikes — for example four- or five-fold increases that would render customers unviable — even if supply tightens. He s

TSMC Chairman C.C. Wei said the foundry will reflect its technology and manufacturing value but will not suddenly impose large price hikes — for example four- or five-fold increases that would render customers unviable — even if supply tightens. He said TSMC’s pricing aims to capture appropriate value while preserving gross margins sufficient to support long-term investment and capacity expansion, a stance he said benefits both TSMC and its customers. Wei noted envy of memory makers’ ~86% gross margins but said he would be satisfied with about 68%. He reiterated that TSMC will seek reasonable returns without abrupt price shocks and will price to allow customers to continue growing while supporting the company’s sustained expansion.
2026-07-16

Bank of America CEO Brian Moynihan joined other Wall Street leaders in sounding the alarm over risks from ANTHROPIC’s MYTHOS model, saying the technology represents a large shift in workload and speeds the way tools affect system vulnerabilities and

Bank of America CEO Brian Moynihan joined other Wall Street leaders in sounding the alarm over risks from ANTHROPIC’s MYTHOS model, saying the technology represents a large shift in workload and speeds the way tools affect system vulnerabilities and the pace at which firms must respond. Financial firms and the U.S. government are assessing threats from rapidly evolving AI models. ANTHROPIC says MYTHOS is effective at identifying system vulnerabilities. BofA is among Wall Street institutions approved to use MYTHOS for internal testing and information-sharing; the model is not publicly available. Earlier this week JP Morgan CEO Jamie Dimon warned that broadly opening the system would be like "handing ballistic missiles to individuals."
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