Latest in ASML, other chip related companies rally on report of possible ease in U.S. restrictions on sales to China
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House Committee Targets Chip Technology Firms for China Ties
It requested information from a handful of firms that make chip manufacturing possible about their commercial ties to China.Business - The New York Times - November 8 -
TSMC to close door on producing advanced AI chips for China from Monday
World’s biggest contract chipmaker acts to ensure it is in line with US restrictions on Chinese access to latest processorsWorld - Financial Times - November 8 -
Here’s How China’s Chip Industry Plans to Deal With Trump’s Term
Anticipating further combative interactions over trade, the Chinese semiconductor industry is make new friends and boosting hiring.Business - Inc. - November 11 -
Intel Gets Up to $7.9 Billion Award for U.S. Chip-Plant Construction
The government grant is less than originally expected because the chip giant is also receiving separate funding for defense-related projects.Tech - The Wall Street Journal - Yesterday -
Volkswagen profit plunges 64% as China sales slide
Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gainsBusiness - Financial Times - October 30 -
Richemont Sales Fall as Luxury's China Woes Linger
The Cartier owner said weaker consumer spending in China hit sales as a luxury downturn that is hurting most of the players in the industry rumbles on.Business - The Wall Street Journal - November 8 -
China’s retail sales jump but property gloom persists
Policymakers have unveiled a range of stimulus measures to restore confidence in the economyWorld - Financial Times - November 15 -
Samsung reports 'major' progress in supply deal for AI chips
Samsung Electronics has reported progress on a major supply deal for artificial intelligence-focused chips, aiming to reassure investors following a slowdown in semiconductor profits during the ...World - ABC News - October 31 -
Nvidia must show Blackwell chip can drive growth in earnings report
Nvidia is on a historic run as its GPU chips are the technology industry's tool of choice for making and deploying generative artificial intelligence software.Business - CNBC - November 19 -
Biden administration to restrict drilling, renewables in the US West to help struggling bird
U.S. officials are proposing tighter restrictions on oil, solar and wind energy development across more than 6,500 square miles of federal land in the U.S. WestTech - ABC News - November 8 -
Italy opens procedure against China's Sinochem for possible breach of Pirelli governance
Italy has opened up an administrative procedure against China’s Sinochem, the largest shareholder in Italian tiremaker Pirelli, over possible violations of restrictions placed by Rome to protect ...World - ABC News - November 7 -
U.S. reacts to the arrest warrant for Benjamin Netanyahu, others
The International Criminal Court issued arrest warrants on Thursday against Israeli Prime Minister Benjamin Netanyahu and his former defense minister, and the military chief for Hamas. The U.S. ...Top stories - CBS News - 6 days ago -
Novartis Lifts Sales Outlook as it Eyes U.S. Expansion
The pharma company raised its guidance on higher revenue expectations for key treatments and product launches, and is looking at potential mergers and acquisitions for U.S. growth.Business - The Wall Street Journal - November 21 -
Companies rush to US bond market as Trump rally cuts borrowing costs
Borrowers ‘strike while the iron’s hot’ to raise more than $50bn this weekBusiness - Financial Times - November 15 -
FirstFT: US companies rush to cash in on Trump market rally
Also in today’s newsletter, FTC targets Microsoft and Argentina cools on Paris climate accordWorld - Financial Times - November 15 -
Apple sales rise 6%, company seeing early iPhone 16 demand
Apple reported earnings after the bell. Here are the results.Business - CNBC - November 1 -
Europe Urges Trump to Support Ukraine but Braces for Possible Cut in U.S. Aid
European leaders have discussed how to help Ukraine fend off Russia without Washington’s support, even as they try to convince the president-elect not to cut aid to Kyiv.World - The Wall Street Journal - November 8 -
ByteDance Valuation Hits $300 Billion Amid Possible U.S. TikTok Ban
ByteDance, owner of TikTok, has placed its own value at this figure.Business - Inc. - November 16 -
Jeep maker Stellantis reports 27% drop in sales
Stellantis reported a 20% drop in its shipments driven by major slumps in both Europe and North AmericaBusiness - MarketWatch - October 31 -
Treasury yields finish mixed as spike in rates sparks buying demand
Yields on U.S. government debt closed little changed on Friday after a post-data spike in rates triggered buying demand for most Treasurys.Business - MarketWatch - November 15 -
Mario & Luigi: Brothership And Over A Dozen Other Mario Games Are On Sale
Mario & Luigi: Brothership $50 (was ...Tech - GameSpot - November 10 -
Swarm of tornadoes slams into Oklahoma City area
An emergency tornado warning was in effect on the University of Oklahoma's Norman campus, officials said.Top stories - ABC News - November 4 -
Gaetz resigns from Congress — possibly skirting long-awaited Ethics report
His resignation came the same day Donald Trump nominated him to be attorney general, but some Republicans think he had other motivations.Politics - Politico - November 13 -
Nvidia is the world's most valuable company (again). What's next for the AI chip king?
Multiple Wall Street analysts upped their price targets on the stock ahead of earnings next week.Business - CNBC - November 11 -
SK Hynix rallies 6.5% after Nvidia boss Jensen Huang asks firm to expedite next-generation chip
SK Group Chair Chey Tae-won said Nvidia CEO Jensen Huang asked him if SK Hynix could move the supply of high-bandwith memory (HBM) chips forward by six months.Business - CNBC - November 4 -
In a meeting with Biden, China's Xi cautions US to 'make the wise choice' to keep relations stable
China’s leader Xi Jinping met for the last time with U_S_ President Joe Biden but was already looking ahead to President-elect Donald Trump and his “America first” policies, saying Beijing “is ...World - ABC News - November 16 -
China’s support for Russia has hurt its relations with Europe, say Nordic and Baltic states
Leaders warn Beijing’s backing for Moscow and the war in Ukraine is having a negative impactWorld - Financial Times - 11 hours ago -
China’s support for Russia has hurt its relations with Europe, say Nordic and Baltic states
Leaders warn Beijing’s backing for Moscow and the war in Ukraine is having a negative impactBusiness - Financial Times - 11 hours ago -
Portland mayor 'confident' about possible MLB expansion team: 'Down to us and one other city'
Commissioner Rob Manfred has said he wants expansion plans in place before his term ends in 2029Sports - CBS Sports - 2 days ago
