Germany raises growth forecast in spite of Iran war concerns
Berlin anticipates GDP will expand by 1.3% this year and a similar rate in 2027.
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India hits out at Washington criticism as ties fray further
The dispute is one of a number of risks to India’s IT sector, which contributes roughly 7% of the country’s GDP.
Semafor Tech1 min readOpenAI tries to reassure investors with annualized revenue target
The frontier firm’s figures are seen as key to understanding underlying demand for cutting-edge AI models.
Semafor Tech1 min readPower firms cut waste and modernize systems to meet surging demand
Companies are positioning their commercial offerings for the huge demand growth of the coming decades.
Semafor Tech1 min readOctopus looks to buy software startups to manage data center demand
“We’re very much looking for interesting opportunities in that space,” Octopus US CEO Nick Chaset told Semafor.
Semafor Tech1 min readRates for oil tankers hit record high, as more crude passes through Hormuz
It now costs up to $77 million to hire a large tanker to move crude from the US to Asia, up from less than $10 million last year.
Semafor Tech2 min readDemocrats unite around Hegseth impeachment push
Given the bruising memories of President Trump’s two trials, targeting Cabinet secretaries could be a pressure release valve.
Semafor Tech5 min readThe CEO who put Canary Wharf back on the map
Shobi Khan’s success in filling the east London site is tempting him to think about international expansion.
Semafor Tech7 min readSaudi Arabia faces its toughest moment of war
Houthi attacks threaten Saudi Arabia’s efforts to project stability ahead of two major global business conferences.
Semafor Tech2 min readMusk accuses Indian 'oligarchs' of blocking Starlink access
The comments, which New Delhi called “baseless,” escalated a yearslong feud over market access for the satellite operator.
Semafor Tech1 min readChina rejects yuan manipulation claims amid EU trade dispute
China pushed back against claims that it manipulates its currency to boost the country’s exports, as Beijing and Brussels spar in trade negotiations.
Semafor Tech1 min readUS, Russian officials discuss Nord Stream investment: Report
Top US and Russian officials have discussed selling part of the suspended Nord Stream pipeline to an American investor, Reuters reported.
Semafor Tech1 min readAI export growth will offset trade disruptions this year, WTO says
Global trade in goods is expected to grow by 3.9% this year, The World Trade Organization said Thursday, as conflict-fueled disruptions in the Middle East are more than offset by the booming AI trade.
Semafor Tech1 min readTrump says US will not strike Iran before midterms
Oil markets largely shrugged off US President Donald Trump’s pledge on Thursday not to strike Iran before November’s midterm election.
Semafor Tech1 min readTrump-tied firm helped organize political advisers’ Balkans travel
Chris LaCivita and James Blair’s trip to the Balkans occurred after former Trump campaign adviser Alex Garcia initially reached out, multiple people told Semafor.
Semafor Tech3 min readCoca-Cola looks to sell Costa Coffee
The beverage giant is reviving a plan to unwind its $5 billion acquisition of the British coffee chain it purchased in 2018.
Semafor Tech2 min read'Got to be more careful': Paxton leaks prompt Republican handwringing
The Senate nominee’s campaign isn’t fatally wounded, but this week has exacerbated perceptions of disarray in a tight race.
Semafor Tech2 min readTrump administration blocks tech companies from visa program
Vice President JD Vance headlined an event that also announced a massive visa fraud probe of universities.
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