July 18, 2025

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Latest July 18, 2025

Chevron’s $53 Billion Hess Deal to Proceed After Arbitration Win

Key Points An arbitration panel ruled in favor of Hess, allowing Chevron's $53 billion acquisition to proceed. The ruling resolves a dispute with Exxon Mobil over a "right of first refusal" for Hess's stake in a Guyana oil field. The panel agreed that the right did not apply to the sale of the entire Hess...

Samsung and Apple Race to Release ‘Crease-Free’ Foldable Phones

Key Points Apple and Samsung are both reportedly developing "crease-free" displays for their future foldable phones. The new technology involves using laser-drilled metal plates to prevent the screen from creasing when folded. Apple has waited to enter the market, likely to perfect the technology and avoid the flaws of current models. Both the Apple foldable...

China’s Commerce Minister Tells Nvidia CEO to Provide Reliable Products

Key Points China's Commerce Minister told Nvidia's CEO that he expects the company to provide high-quality, reliable products. Nvidia CEO Jensen Huang called the Chinese market "very attractive" and praised Chinese AI models as "world-class." The U.S. government has reportedly informed China that it will approve the sale of Nvidia's powerful H20 AI chips. Nvidia...