Venezuela oil exports: Asia-bound shipments stalled for fifth day amid US embargo; PDVSA faces stockpile stress

File photo (Picture credit: AP) Venezuela’s main oil ports entered a fifth straight day without shipping crude to customers in Asia, the country’s biggest buyers, as US pressure on the OPEC producer intensified under an oil embargo, shipping data showed.The halt in deliveries risks worsening problems for state-run oil firm PDVSA, which is already struggling…

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India outlook: Reforms put wind in its sails amid global headwinds; PMO’s Shaktikanta Das maps the road ahead

India is at the cusp of a historic economic journey, with government policies and reforms giving the country “wind in its sails” even as global trade uncertainties intensify, Principal Secretary to the Prime Minister Shaktikanta Das said on Friday.Delivering the inaugural Bibek Debroy Memorial Lecture, Das said India has emerged stronger from successive global shocks…

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Nvidia still hasn’t sold its U.S.-approved China AI chips — and it’s worried local AI rivals could take over

BEIJING — U.S. chip giant Nvidia has yet to recoup its lost sales in China, despite Washington easing some restrictions, and the company is sounding the alarm about rising competition from Chinese rivals. “While small amounts of H200 [semiconductor] products for China-based customers were approved by the US government, we have yet to generate any…

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