- October 18th, 2024
Taiwanese semiconductor giant TSMC has applied for permanent authorization from Washington to allow the export of US chip-making equipment to its China-based factory. The US imposed export restrictions last year to prevent China from acquiring advanced semiconductor technology. The restrictions...
Stock markets were mixed on Friday, with oil prices rising due to concerns about the impact of the Israel-Hamas conflict on Middle Eastern supplies. European gas prices reached their highest levels since February, and Energi Danmark analysts attributed the recent...
Bangladesh, a country known for its power blackouts, has the capacity to produce electricity that outpaces demand and pays millions of dollars monthly to power plants when they are idle. The government has spent over $9 billion since 2009 to...
On 25-26 September 2023, China hosted the Global Sustainable Transport Forum in Beijing, where Vice Premier He Lifeng attended and read a congratulatory letter from President Xi Jinping. The forum aimed to promote global transport cooperation and provide the world...
New Delhi An executive at Vivo, a Chinese smartphone maker, has been arrested in India in connection with a money laundering probe. Guangwen Kuang, the head of administration at Vivo India, was taken into custody by India's Enforcement Directorate (ED),...
UK antitrust officials have approved Microsoft's planned takeover of Activision Blizzard, the creator of "Call of Duty" and other popular games. The Competition and Markets Authority announced that the merger had been cleared after the companies agreed to give up...
The US government has granted permission for South Korean firms Samsung Electronics and SK Hynix to acquire advanced manufacturing equipment for their semiconductor plants in mainland China. This move is expected to pose challenges for domestic memory chip manufacturers in...
Richard Russell, a ground service agent, intentionally crashed a plane from Seattle-Tacoma International Airport, causing despair among pilots. Despite rising incomes, people like Russell struggle to keep up with the soaring cost of living. Car prices have remained high after...
The International Monetary Fund (IMF), established in 1944, has been instrumental in maintaining global economic stability for nearly eight decades. Initially, the IMF provided financial assistance to member countries facing balance of payments issues, but as the global economic landscape...
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