DUBAI, United Arab Emirates (AP) — UN force says Israeli project on Syria border saw 'severe violations' of a cease-fire deal after AP report on work there.
BEIJING (Reuters) -China has banned exports to the U.S. of some goods containing critical minerals while tightening exports on others, after U.S. curbs a day earlier on the Chinese chip industry. Following is background on export controls and other steps that analysts say Chinese authorities might take to safeguard China and its companies' interests. On Dec. 3 China banned exports to the U.S. of items related to gallium, germanium, antimony and superhard materials, the latest escalation of trade tensions between the countries ahead of President-elect Donald Trump taking office.
Exxon operates 59 petrol stations in Singapore under its Esso brand, according to Esso's website. A sale would allow Exxon to raise cash to deploy in other areas of higher growth potential, the report said, adding that players in the energy industry and investment funds had shown preliminary interest in the disposal.
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The company has denied allegations of improprieties and has given its accounting a clean bill of health.
The number of generative artificial intelligence (GenAI) users in China reached 230 million at the end of June, as a crop of start-ups and Big Tech firms rushed to offer their large language model (LLM) services, according to government data. That means around one in every six users in the world's biggest internet market are using a GenAI product, according to a report released on Saturday by the China Internet Network Information Centre (CNNIC), a state-run agency. Chinese tech giant Baidu's Er
Oil major Exxon Mobil Corp is considering a sale of its gas stations in Singapore, which could raise about $1 billion, according to people familiar with the matter.
The U.S. Commerce Department has expanded the list of Chinese technology companies subject to export controls to include many that make equipment used to make computer chips, chipmaking tools and software. The 140 companies newly included in the so-called “entity list” are nearly all based in China. The revised rules were posted Monday on the website of the U.S. Federal Register for publication later this week.
STORY: Elon Musk still can't have his $56 billion pay package. That was the ruling from a Delaware judge on Monday. The case involves the largest-ever compensation package at a U.S. public company.It also comes after Musk has become a close adviser of President-elect Donald Trump, and has been tasked to help slash U.S. government bureaucracy.The same judge, Chancellor Kathaleen McCormick, in January deemed the $56 billion pay package from Tesla excessive and rescinded it.Then in June, Tesla shareholders voted in favor of reinstating Musk's compensation.The automaker has said in court filings that McCormick should recognize the vote.But her 101-page opinion Monday said a ratification vote like the one Tesla used in June had to be conducted before the trial.And that Tesla's board was not entitled to hit "reset" to restore Musk's pay package.Many small-time investors and Musk fans promptly criticized the decision on social media. While Tesla said it would appeal. McCormick also blocked lawyers who brought the case from getting the $6 billion in fees they had demanded. Instead, she ordered Tesla to pay the attorneys $345 million - still one of the largest-ever awards in securities litigation. The sum of Musk's pay package has actually risen in line with Tesla shares - which have surged since Trump's election to office.His compensation is now worth about $101 billion.
China's state-backed bodies covering internet companies, semiconductor firms, automakers and communications network operators have called on their respective members to shun chips from US suppliers in an apparent retaliation against Washington's latest sanctions, which could deal a blow to the mainland businesses of Nvidia, Qualcomm and Intel. The four bodies - the Internet Society of China, the Chinese Association of Automobile Manufacturers, the China Semiconductor Industry Association and the
C nears divesting Banamex as part of its restructuring efforts to exit the retail banking business in some markets and invest in sectors with high potential.
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(Reuters) -The United States on Monday launched its third crackdown in three years on China's semiconductor industry, curbing exports to 140 companies, including chip equipment maker Naura Technology Group, among other moves. The effort to hobble Beijing's chipmaking ambitions also hits Chinese chip toolmakers Piotech, ACM Research and SiCarrier Technology with new export restrictions as part of the package, which also takes aim at shipments of advanced memory chips and more chipmaking tools to China.
Mattel is being sued for mistakenly printing the URL for a pornographic site on the packaging for special-edition “Wicked” dolls. According to court documents, a South Carolina resident is launching a class action lawsuit after purchasing the toy for her young daughter, who visited the X-rated website that had “nothing to do with the ‘Wicked’ …
The chief executive of Intel has been forced out after failing to return the American microchip company to the cutting edge, despite promises of billions from Joe Biden’s administration.
The total market cap of bitcoin miners tracked by the bank jumped 52% from the month previous, the report said.
Julie M. is living the dream of many. She retired pretty early at 57 after two decades in healthcare administration. Now 58, she's navigating the challenging period between early retirement and Social...
WASHINGTON (Reuters) -The United States on Monday launched its third big crackdown in three years on China's semiconductor industry, curbing exports to 140 companies, including chip equipment maker Naura Technology Group, among other moves. Below is a list of the biggest actions being taken, according to the Commerce Department. New controls will be placed on semiconductor manufacturing equipment needed to produce advanced-node integrated circuits, including certain etch, deposition, lithography, ion implantation, annealing, metrology and inspection, and cleaning tools.
U.S. oil major Exxon Mobil Corp is weighing a sale of its petrol stations in Singapore, a deal that could raise about $1 billion, Bloomberg News reported on Tuesday, citing sources. Exxon operates 59 petrol stations in Singapore under its Esso brand, according to Esso's website.
We recently published a list of 10 Oil Stocks with Biggest Upside Potential According to Analysts. In this article, we are going to take a look at where ConocoPhillips (NYSE:COP) stands against the other oil stocks with biggest upside potential. In an interview with CNBC on November 26, Daan Struyven, Co-Head of Global Commodities Research […]
