Meta Considers First-Ever Cloud Lease: $10 B Compute Deal Sought by Anthropic
For the first time, Meta is negotiating to rent out its excess AI data-center capacity, weighing Anthropic’s June proposal to pay up to $10 billion over two years.
Business & Economics
921 stories · Page 23 of 93
USTR Finalizes 25 % Tariff Regime on Most Brazilian Imports, Carving Out $11 B in Exemptions
On 16 July 2026 Washington confirmed a Section 301 action that will slap a 25 % duty on nearly all Brazilian goods starting 22 July, while sparing select supply-critical items.
EU Commission 2026 ETS Overhaul Slows Cap Decline, Extends Free Permits to 2038
On 17 July 2026 Brussels proposed trimming the ETS emissions cap far more slowly—3.7 % a year from 2031 and just 1.7 % after 2036—while prolonging free allowances to 2038, effectively giving heavy industry extra years of cheaper carbon despite retaining the headline 90 %-by-2040 target.
Andy Burnham Confirmed as Labour Leader, Signals New North Sea Drilling Before Taking Office
On 18 July 2026, after winning the Labour leadership unopposed, Andy Burnham previewed a first-week policy blitz that will authorise fresh North Sea oil-and-gas licences and base a "No 10 North" in Manchester.
Hormuz Shipping Craters to 10 % of Normal as US Renews Blockade and Iran Shuts Strait
Between 15–17 July 2026, daily vessel passages through the Strait of Hormuz collapsed from triple-digits to single-digits after Washington reinstated its naval blockade on Iran and Tehran declared the waterway closed.
TSMC Adds $100 B to Arizona Build-Out, U.S. Commitment Hits $265 B
On 16 July 2026, TSMC pledged an additional $100 billion for up to four new 2-nm fabs and packaging plants in Arizona, raising its promised U.S. spend from $165 billion to $265 billion.
U.S. Finalizes 25% Section-301 Tariffs on Most Brazilian Imports, Carving Out $11 B Exemptions
On 15-16 July 2026 Washington confirmed a uniform 25 % duty on nearly all Brazilian goods effective 22 July, after a year-long Section 301 probe failed, while issuing an unusually large exemption list.
China’s Q2 2026 GDP Falls to 4.3%, Exposing Export–Domestic Demand Split
Beijing’s July 15 data release showed growth cooling to 4.3 % year-on-year in April-June, down from 5 % in Q1 and the slowest since late-2022, slipping below the government’s 4.5–5 % target despite record-high exports.
US Slaps 25% Section-301 Tariff on Most Brazilian Imports, Effective July 22 2026
On 16 July 2026 Washington announced a blanket 25 % duty on the bulk of Brazilian goods—its first tariff move after a Supreme Court setback—with the levy kicking in 22 July following a year-long Section 301 probe.
Stripe–Advent Tables $60.50-a-Share Cash Offer to Take PayPal Private
On 15 July 2026 Stripe and Advent International lodged a fully-financed, all-cash bid worth about $53 billion ($60.50 per share) for PayPal, jolting PayPal’s stock 17% higher and setting up the largest attempted takeover in fintech history.
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