BUSINESS
According to Reuters, as global competition in the semiconductor industry continues to intensify, China's chip sector is accelerating efforts to achieve technological breakthroughs. Analysts say that although Huawei is advancing architectural innovations and packaging technologies, it remains constrained by critical equipment shortages and structural limitations in the global supply chain.
Oil Drops to Two-Month Low as China Concerns Weigh In
Oil traded at its lowest levels since early June on Tuesday, July 30, as worries about low demand in...
US Transportation Department Opens Probe Into Delta Air Lines Following Widespread Flight Cancellations
The U.S. Department of Transportation announced on Tuesday, July 23, that it is opening an investigation...
Drug Giants Eye China for Deals Despite Growing Sino-US Tensions
Industry executives and investment bankers said some of the biggest global drugmakers are scouring for...
Europe Needs Way to Price Critical Minerals Independently of China, European Group Says
Europe needs a system to set prices for critical minerals needed for the energy transition that is not...
Sellers Left Struggling to Make Ends Meet in China’s E-Commerce Price War
Chinese e-commerce vendors are struggling to survive with slowing sales growth and rising price pressures...
Airbus Upgrades 20-year Demand Forecast as Market Outlook Evolves
Airbus on Monday, July 15 revised up its 20-year demand forecast for jetliners. Many airlines are modernizing...
Beijing’s Top Officials to Address Economic Crises at China’s Third Plenum: What’s at Stake
Xi Jinping and other high-ranking officials from the Chinese Communist Party (CCP) are gathering this...
Freight Importers Struggling as Container Shipping Rates Return to $10,000
The cost of shipping a standard 40-foot container from Shanghai to New York has ballooned to nearly $10,000...
US Small Business Confidence Increased to Six-Month High in June
U.S. small-business confidence increased to a six-month high in June, but inflation worries remained...