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Business

US ‘clears way’ for antitrust inquiries of Nvidia, Microsoft and OpenAI; ECB interest rate cut expected today – business live

Rolling coverage of the latest economic and financial news Nvidia hits $3tn and surpasses Apple as world’s second most valuable company Newsflash: Britain’s construction sector grew at the fastest pace in two years last month. Data firm S&P Global has reported that growth in the UK construction sector gained momentum during May, with activity and new business increasing at sharper rates than in April. Particularly pleasing was the broad-based nature of the rise in activity as work on housing projects increased for the first time in more than a year-and-a-half. “Firms are gearing up for further growth in the months ahead, posting renewed expansions in both employment and purchasing activity as workloads increase. Continue reading...

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