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Indonesia Limits Mining Quota Validity to One Year

Wednesday, October 08, 2025

Indonesia announced it would reduce the validity of mining production quotas from three years to one year starting October 3, as the government aims to exert greater control over output levels to bolster the prices of commodities such as coal...

Nvidia to Invest in Elon Musk's xAI in $20B Deal

Wednesday, October 08, 2025

Elon Musk's AI startup, xAI, is raising its funding round to $20 billion, receiving backing from investors such as Nvidia Corp, according to Bloomberg. xAI's funding comprises equity and debt via a special purpose vehicle...

US Lawmakers Seek Wider Ban on Chip Tool Exports to China

Wednesday, October 08, 2025

U.S. legislators are pushing for wider restrictions on chipmaking machinery to China following a bipartisan inquiry that revealed Chinese chip producers acquired $38 billion worth of advanced equipment last year...

Emirates Development Bank Unveils $136M Boost for Startups

Tuesday, October 07, 2025

The UAE has launched a comprehensive entrepreneurship initiative designed to establish the nation as the premier startup center globally. Emirates Development Bank (EDB) has introduced AED500m ($136m) in fresh financing and support...


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