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September 5, 2025

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Day: May 8, 2025

British Steel to hire more staff weeks after government rescue

Open roles include engineers and manufacturing operators as firm prepares to ramp up productionBritish Steel has said it will hire more than 180 new employees, as it prepares to ramp up iron and steel production for the first time since its government …

May 8, 2025
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AppLovin reports Q1 revenue up 40% YoY to $1.48B, vs. $1.38B est., net income up 144% to $576M, and forecasts Q2 revenue below est.; APP jumps 13%+ after hours (Jonathan Vanian/CNBC)

Jonathan Vanian / CNBC:
AppLovin reports Q1 revenue up 40% YoY to $1.48B, vs. $1.38B est., net income up 144% to $576M, and forecasts Q2 revenue below est.; APP jumps 13%+ after hours  —  AppLovin shares soared as high as 15% in exten…

May 8, 2025
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Trump administration set to end Biden’s U.S. chip export restrictions

AMD CEO Lisa Su and Nvidia CEO Jensen Huang have both opposed the semiconductor export controls.

May 8, 2025
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Brazilian state’s deforestation amnesty poses ‘one of the greatest threats’ to the Amazon

With little fanfare and virtually no publicity, lawmakers in the Brazilian state of Rondonia have passed legislation in favor of hundreds of cattle ranchers who had illegally converted swathes of Amazon rainforest into pasture land.

May 8, 2025
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The Commerce Department says it will rescind the Biden-era “AI diffusion rule”, which limits exports of AI chips and is set to take effect on May 15 (Bloomberg)

Bloomberg:
The Commerce Department says it will rescind the Biden-era “AI diffusion rule”, which limits exports of AI chips and is set to take effect on May 15  —  – Officials ready repeal of AI diffusion rule launched by …

May 8, 2025
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What do Canadians make of Carney’s meeting with Trump?

The prime minister reiterated that Canada “is not for sale” during Tuesday’s meeting at the White House.

May 8, 2025
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Excelerate Energy unlocks more financial firepower as it delivers earnings growth

Regasification vessel player forges deal to add $150m in credit capacity

May 8, 2025
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AppLovin agrees to sell its mobile gaming business to UK-based Tripledot for $400M in cash and a ~20% stake in Tripledot, in a deal expected to close in Q2 2025 (Neil Long/Mobilegamer.biz)

Neil Long / Mobilegamer.biz:
AppLovin agrees to sell its mobile gaming business to UK-based Tripledot for $400M in cash and a ~20% stake in Tripledot, in a deal expected to close in Q2 2025  —  AppLovin has confirmed the sale of its 1…

May 8, 2025
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Putin’s three-day truce to mark WWII victory begins

A Kremlin-declared three-day ceasefire, coinciding with Russia’s World War II Victory Day, has begun. Kyiv, however, is calling for a 30-day truce, citing Russia’s history of violating ceasefire agreements, including a recent Easter pause marred by all…

May 8, 2025
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Trump’s pick for DC attorney appeared on Russian TV. Now, senators doubt he can be confirmed

Key GOP senator said he would not support Trump’s pick, leaving the nomination in limbo

May 8, 2025
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