Business & Finance

After US curbs, Tencent and small chip designers chase...

Reuters exclusively reported that Chinese chip designers including Tencent Holdings (0700.HK) are aggressively pitching their AI chips...

US regulator probes banks’ climate risk planning

Reuters was first to report that the U.S. Treasury Department’s Office of the Comptroller of the Currency (OCC) carried out […] The...

Austria stalls Russian sanctions over Raiffeisen blacklisting 

Reuters exclusively reported that Austria is seeking to have Raiffeisen Bank International, the biggest Western bank in Russia, struck...

OMV, ADNOC close to agreeing deal for chemicals company...

Reuters exclusively reported that Abu Dhabi National Oil Co (ADNOC) is closing in on a deal with Austria’s OMV (OMVV.VI) […] The post...

Japanese GDP plummets 

Japan’s economy is contracting amid stubborn inflation and weak corporate investment, data shows   Read Full Article at RT.com

EU may allow member states to ban Russian gas – FT

Brussels may allow EU nations to unilaterally cut off Russia’s access to local gas infrastructure, the Financial Times reports Read...

US urges G7 to tighten enforcement of Russian oil sanctions...

The US Treasury is seeking to increase the costs Moscow pays to run its alleged ‘shadow fleet’ of oil tankers, Axios reports Read...

Russia’s richest man eyes abandoned Western assets

The exit of foreign companies from Russia offers domestic businesses great opportunities for investment, Vladimir Potanin says Read...

China’s Bytedance eyes sales of gaming unit Moonton, speaking...

Reuters exclusively reported that TikTok owner ByteDance is discussing the sale of its gaming unit Moonton Technology with potential...

Applied Materials under US criminal probe for shipments...

Reuters was first to report that semiconductor equipment maker Applied Materials is under U.S. criminal investigation for potentially...

Barclays explores deal for Tesco banking business 

Reuters was first to report that Barclays (BARC.L) has been exploring a potential acquisition of Tesco’s (TSCO.L) banking operations.  ...

First Quantum plans maintenance for Panama copper mine...

Reuters exclusively reported that Canada’s First Quantum Minerals was considering putting its key Panama copper miner on care and...

India’s Jindal Power will not bid to take over airline...

Reuters exclusively reported that India’s Jindal Power Ltd, the only company whose expression of interest to take over Go First […]...

Russian capital flight decelerates dramatically – central...

Capital outflows from Russia slowed significantly in 2023 as the economic outlook improves, according to the central bank Read Full...

US tech restrictions on China not working – report

Chinese companies continue to buy US chip-making equipment using gaps in export control rules, a report by a monitoring body has revealed...

Geopolitical risks at highest in half a century – Baker...

The Middle East conflict could hurt the global energy market and have wide repercussions, the CEO of Baker Hughes has told the FT...