FINANCE
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.
Fearing COVID Lockdown, Over 10,000 Workers Break Out of China’s Biggest iPhone Factory
In the latest — and one of the most dramatic — examples of Chinese forced to the brink by the communist...
Evergrande Chairman’s Hong Kong Mansion Seized by Bank – Media Report
HONG KONG - A mansion belonging to embattled China Evergrande Group's chairman in Hong Kong's prestigious...
Canada’s Liberal Party Orders Mining Companies to Divest From China’s State Run Enterprises
Justin Trudeau's Liberal Party minority government has ordered Chinese state-run enterprises to divest...
Brazil’s Bolsonaro Maintains Silence Following Lula’s Election Victory
SAO PAULO/BRASILIA — President Jair Bolsonaro had yet to concede defeat in Brazil's presidential election...
Elon Musk Completes $44 Billion Acquisition of Twitter
Elon Musk, the world's richest man, completed his $44 billion acquisition of Twitter Inc. late on Thursday...
Twitter Shares Will Be Suspended on NYSE Amid Musk Takeover
(Reuters) — Twitter Inc shares will be suspended from trading on Friday, Oct. 27, the New York Stock...
Google Play in EU Antitrust Amid Android Fine Appeal
BRUSSELS (Reuters) — Alphabet unit Google's Google Play Store is the target of an EU antitrust investigation...
Italy Probes Pfizer in Alleged $1.2 Billion Tax Fraud Case
The Italian government is probing Pfizer for allegedly dodging €1.2 billion (~$1.2 billion USD) in taxes...
Gas Price Cap Possible This Winter if Countries Agree: EU Energy Chief
BRUSSELS — The European Union could introduce a gas price cap this winter to limit excessive price spikes...