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.
British PM Truss Vows to ‘Carry On’ Amid Dwindling Support
LONDON (Reuters) — British Prime Minister Liz Truss warned of tough times ahead after she scrapped her...
Goldman Sachs Unveils Revamp Amid Profit Slump
NEW YORK (Reuters) — Goldman Sachs Group Inc. will reorganize its business into three units and scale...
Abu Dhabi Transfers Etihad Aviation Group to Wealth Fund ADQ
DUBAI (Reuters) — Abu Dhabi sovereign wealth fund ADQ said on Tuesday, Oct. 18 that the government had...
Scuffles Break Out as French Workers Strike to Demand Higher Wages
PARIS (Reuters) — Dozens of black-clad protesters clashed with police and broke shop windows on Tuesday...
Amazon Workers in New York Reject Union in Blow to Organizing Effort
(Reuters) — Amazon.com Inc workers rejected by a nearly two to one margin organizing a warehouse in a...
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...