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(Sharecast News) - Donald Trump has flagged allowing Nvidia to sell chips in China that are more advanced than currently allowed, in another "deal" that would loosen export restrictions despite deep-seated fears in Washington that Beijing could harness US tech to harm national security. At a briefing on Monday, Trump was questioned over recent revelations that he had struck an unprecedented deal with Nvidia and AMD to grant them export licenses to sell previously banned chips to China, in return for the companies giving the US government 15% of the sales revenue. The US president defended the deal, which analysts have likened to a "shakedown" payment, or unconstitutional export taxes, before adding that he was expecting further negotiations over another, more advanced Nvidia chip. - Guardian
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(Sharecast News) - The Entertainer, the UK's largest toy retailer, is transferring ownership to its employees through an employee ownership trust.
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(Sharecast News) - London's FTSE 250 was down 0.3% at 21,892.44 in afternoon trade on Monday.
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(Sharecast News) - Tuesday will see the release of interim results from Derwent London, Ladbrokes owner Entain and PageGroup, and a trading update from housebuilder Bellway, while macro calendar highlights will be UK jobs data and the latest US inflation print.
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