US finalizes rules to prevent China from benefiting from $52 billion in chips funding
By David Shepardson WASHINGTON The U.S. Commerce Department on Friday is issuing final rules to prevent semiconductor manufacturing
2023-09-22 17:23
Another top Silicon Valley investor is splitting off its China business as pressure mounts
GGV Capital, a prominent Silicon Valley venture capital firm, has become the latest big investor to break up its US and China operations into separate companies as tensions between the two countries over tech and geopolitics continue to rise.
2023-09-22 16:59
Truckmaker Volvo Picks New Chairman Amid Spin-Off Talk
Volvo Group, one of the world’s largest truckmakers, has proposed that Par Boman be appointed its new chairman
2023-09-22 16:52
Alibaba’s Cainiao Plans to Raise At Least $1 Billion in Hong Kong IPO Soon
Cainiao Network Technology Co., the logistics arm of Alibaba Group Holding Ltd., is planning to file for its
2023-09-22 16:27
Microsoft’s Activision Deal Set to Get UK’s Blessing: The London Rush
Game on! Microsoft Corp.’s stop-and-go deal to acquire Activision Blizzard Inc. got an early-morning boost from the UK’s
2023-09-22 15:57
US Considers Twin Defense Treaties to Achieve Israel-Saudi Arabia Normalization
The White House is considering formal defense treaties with Saudi Arabia and Israel as part of its plan
2023-09-22 15:52
Biden's IRA drives surge in US imports of Chinese used cooking oil
By Andrew Hayley BEIJING U.S. incentives to boost consumption of more environmentally friendly fuel has created a new
2023-09-22 15:23
China relaxes capital controls to entice badly needed foreign investment
China is allowing foreigners in Shanghai and Beijing to move their money freely into and out of the country, in a significant move toward relaxing its strict capital controls as it tries to woo overseas investors.
2023-09-22 15:20
EU trade chief seeks more balanced economic ties on China visit
BRUSSELS (Reuters) -Europe's trade chief will push Beijing for fewer restrictions on European businesses on a four-day visit to China,
2023-09-22 15:15
Hedge Fund Manager Jampel Stops Shorting Fossil Fuel Stocks
A hedge fund manager who made a name for himself shorting fossil fuel stocks says the strategy is
2023-09-22 14:55
Russia’s Diesel Ban Lifts Asian Prices With Traders on Alert
Asian diesel prices climbed after Russia’s surprise export ban, even as a host of market watchers said the
2023-09-22 14:53
Vietnamese Internet Platform VNG Postpones US IPO
Vietnam-based internet startup VNG Ltd. has decided to postpone its plans for a US initial public offering, according
2023-09-22 14:25