Business

China to start probing US exports of 'mature chips'
China to start probing US exports of 'mature chips'

China to start probing US exports of ‘mature chips’

Beijing has accused US companies of having an “unfair competitive advantage.” Days ago, the US announced new rules for exporting computer chips aimed at stopping advanced tech from being sent to rivals.
16 hours ago
Davos: Wars top global concerns ahead of WEF
Davos: Wars top global concerns ahead of WEF

Davos: Wars top global concerns ahead of WEF

Ahead of next week’s annual World Economic Forum in Davos, a survey suggests that industry leaders see armed conflict as the biggest potential threat to global economies in 2025. Armed conflict and
1 day ago
German economy shrank once again in 2024
German economy shrank once again in 2024

German economy shrank once again in 2024

The Federal Statistical Office has reported a 0.2% contraction in GDP, making it the second year in a row the economy has fallen. Germany has been struggling with a cost of living
2 days ago
US: SEC sues Elon Musk for securities violation over X
US: SEC sues Elon Musk for securities violation over X

US: SEC sues Elon Musk for securities violation over X

US financial regulator has sued Elon Musk for failing to properly disclose his purchase of Twitter shares, a secrecy that allowed him to buy stock at “artificially low prices.” The US Securities
2 days ago
Chinese exports rise in December, beating expectations
Chinese exports rise in December, beating expectations

Chinese exports rise in December, beating expectations

China’s trade surplus increased in 2024, with Germany one of the many countries operating at a deficit to Beijing. Chinese factories were rushing to produce as much as possible ahead of Donald
4 days ago
Honda and Nissan launch negotiations for historic merger
Honda and Nissan launch negotiations for historic merger

Honda and Nissan launch negotiations for historic merger

Collaboration between the rival Japanese car makers set to create the world’s third-largest automaker by sales. The auto giants are faced with increasing competition from electric vehicles made in China. Honda and
4 weeks ago
Eurozone inflation rises less than expected, more in Germany
Eurozone inflation rises less than expected, more in Germany

Eurozone inflation rises less than expected, more in Germany

Inflation across the Eurozone continued to rise in November, but less than expected. Germany, however, was among those countries which bucked the trend. Inflation in the European Union’s single currency area has increased for
4 weeks ago
Nissan, Honda inch closer to possible merger
Nissan, Honda inch closer to possible merger

Nissan, Honda inch closer to possible merger

The two Japanese carmakers confirmed reports that they would be ‘collaborating’ more closely. They were also holding talks with Mitsubishi, with whom they have a parts-sharing agreement for electric vehicles. Japanese car
4 weeks ago
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