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Market news: AMD (AMD.O) has agreed to acquire Fei-Fei Li's artificial intelligence startup World Labs for $8.2 billion.

2026-09-29

Market news: AMD (AMD.O) has agreed to acquire Fei-Fei Li's artificial intelligence startup World Labs for $8.2 billion.

Other News
2026-09-28

China's eight government departments issued guidance to advance high‑level financial opening and deepening measures easing cross-border trade and investment financing. The package encourages service‑sector firms to prioritize RMB pricing and settleme

China's eight government departments issued guidance to advance high‑level financial opening and deepening measures easing cross-border trade and investment financing. The package encourages service‑sector firms to prioritize RMB pricing and settlement, and aims to boost financial institutions' onshore‑offshore resource allocation and international competitiveness. It calls for optimisation of integrated cross‑border services—settlement, FX hedging, cross‑border financing and external guarantees—to support outbound expansion and increase firms' international market participation. The guidance also directs continued development and deployment of a multilateral CBDC bridge and the CBETS cross‑border settlement platform to provide multiple channels for efficient, low‑cost cross‑border fund settlement for outbound service companies.
2026-09-29

White House National Economic Council director HASSETT said he currently estimates productivity growth at about 2.5%.

White House National Economic Council director HASSETT said he currently estimates productivity growth at about 2.5%.
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