WASHINGTON, May 22 (Reuters) - The U.S. Trade Representative's office on Wednesday said some of the steep tariff increases on an array of Chinese imports including electric vehicle batteries, computer chips and medical products will take effect on August 1 after a 30-day comment period ends. President Joe Biden will keep tariffs put in place by his Republican predecessor Donald...

(Updates) May 22 (Reuters) - Microsoft ( MSFT ) is partnering with UAE-based AI firm G42 to invest $1 billion in a data center in Kenya as part of its efforts to expand cloud-computing services in East Africa, the companies said on Wednesday. The data center, which will be built by G42 and its partners, will be powered by geothermal...

Gold Price Analysis Expected Scenario Gold price shows slight bearish bias in attempt to resume the expected bearish trend for today, waiting to test 2390.0$ initially, which breaking it represents the key to confirm rallying towards 2340.10$ as a next negative target. Therefore, we will continue to suggest the bearish trend for today unless the price rallied to breach 2431.44$...

Brent Oil Price Analysis Expected Scenario Brent oil price managed to break 82.45$ and close the last four hours candlestick below it, to support the continuation of the expected bearish trend efficiently for the rest of the day, opening the way to head towards our next target at 80.08$. The EMA50 keeps supporting the suggested bearish wave, noting that holding...