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Data centre construction stocks lose $4.2tn as boom in AI trade unravels

Shares in AI ‘picks and shovels’ companies hit hard by tech sell-off

Nov 15, 2026 · Staff
Originally on Wedgetail
News
Brookfield and KKR vie over $700mn deal for Gulf retailer Eyewa

Private capital firms in advanced talks to acquire majority stake in eyewear chain after Middle East deal drought

Nov 15, 2026 · Staff
Originally on Wedgetail
News
Malaysia probing alleged Nvidia AI chip diversion since April 2025: Home Minister

This follows allegations of illicit procurement and diversion of high-performance AI chips through Malaysia.

Nov 15, 2026 · Staff
Originally on Wedgetail
News
UBS unveils new West Kowloon hub to tap Greater Bay Area wealth

UBS has drawn back the curtains on its new Hong Kong headquarters in West Kowloon, a 20-storey tower with a client floor built for meetings, dinners a...

Nov 15, 2026 · Staff
Originally on Wedgetail
News
Japan firms thrive on AI boom, but uncertainty grows

Factors like raw material prices amid Middle East turmoil and data center construction have come industry analysts concerned.

Nov 15, 2026 · Staff
Originally on Wedgetail
News
Finance and tech talent is beginning to return to Venezuela

Nov 15, 2026 · Staff
Originally on Wedgetail
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US-backed oil company flaunts Venezuelan facilities

Nov 15, 2026 · Staff
Originally on Wedgetail
News
Electrifying Ambitions Meet Tough Reality in Europe

European Union leaders are among the most enthusiastic proponents of maximum electrification to reduce dependence on imported energy commodities. A lo...

Nov 15, 2026 · Staff
Originally on Wedgetail
News
Iraq PM targets powerful militia stronghold in $30m oil smuggling probe

Iraq’s PM has dismissed nine senior security officials over an alleged oil smuggling network worth up to $30m monthly.

Nov 14, 2026 · Staff
Originally on Wedgetail
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Nvidia Without Huang: What a Pause in AI Deals Means for Metals

Copper slid to its lowest in almost four months on Friday and was heading for a fifth straight weekly loss, with traders blaming Nvidia’s (Nasdaq: NVD...

Nov 14, 2026 · Staff
Originally on Wedgetail
News
New Orleans port sues for control of China-linked tanker that crashed into cruise ship

Just hours after a tanker in New Orleans lost its steering and slammed into a docked river cruise boat, the city's port sued to make sure federal inve...

Nov 14, 2026 · Staff
Originally on Wedgetail
News
Singapore Makes a $65 Billion Bet on the Future of Gold

For three years, the gold story was about who was buying. In 2026, it has become a story about where the metal sleeps at night. On Tuesday, the Moneta...

Nov 14, 2026 · Staff
Originally on Wedgetail