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.
Missouri Pulls $500 Million From BlackRock Over Asset Manager ESG
(Reuters) — Missouri has pulled $500 million out of pension funds managed by BlackRock Inc, state Treasurer...
South Africa’s Transnet Agrees to Three-Year Wage Deal With Majority Labor Union
(Reuters) — South African state-owned logistics firm Transnet said on Monday, Oct. 17 that it had agreed...
‘The Time for Negotiations is Over,’ Says French Finance Minister Amid Worsening Petrol Crisis
The time for talking is over, French Finance Minister Bruno Le Maire said on Monday, Oct. 17 as the government...
The Auto Industry’s Supply Chain Is About to Get Wrecked, Says Major Analyst Firm
It can perhaps be said that an embattled automotive industry’s supply chain is facing a certain kind...
Alaska’s Snow Crab Season Canceled After a Billion Crabs Vanish
The Alaska Department of Fish and Game has canceled the winter snow crab season for the first time in...
Royal Mail Warns of ‘Thousands of Job Cuts’ As it Slides into Red
London (Reuters) — Royal Mail could cut up to 10,000 jobs and the loss-making business warned of more...
Vodafone in Advanced Talks to Finalize Vantage Stake Sale by Nov. 15: Sources
LONDON (Reuters) — Vodafone is speeding up talks with a handful of financial investors to sell a slice...
Biden Hails IBM’s $20 Billion Manufacturing Deal
U.S. President Joe Biden on Thursday, Oct. 6 championed his administration's push to subsidize U.S. semiconductor...
Oil Rises as OPEC+ Agrees Deep Cuts to Production
Oil prices rose on Wednesday, Oct 5 — building on gains in recent days as OPEC+ agreed its deepest cuts...