Semiconductor Sector
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Nigeria accuses Binance of tax evasion as detained executive ‘escapes’ custody
West African country steps up scrutiny of world’s largest cryptocurrency exchangeFinancial Times - Business -
China’s solar billionaire feels the heat as sector faces upheaval
Longi founder Li Zhenguo is laying off thousands of staff in an industry grappling with oversupplyFinancial Times - Business - China -
UK mobile merger must ring in changes for troubled sector
Fierce competition has hammered the market’s economicsFinancial Times - World - United Kingdom -
This was a hot and promising sector for 2024. That’s over, says one strategist. For now.
Much chatter has been devoted to what’s needed for the U.S. stock market rally to continue this year. A big one on the to-do list? Seeing gains spreading beyond the “Magnificent Seven” tech stocks, which themselves have not been moving in tandem.MarketWatch - Business -
Wars in Ukraine and Middle East boost orders at German defence supplier
Tank-parts maker Renk’s share price has almost doubled since its listing in FebruaryFinancial Times - World - Ukraine -
Rise in AI Fraud Spurs Government-Financial Sector Cooperation to Protect Against It
A Treasury Department survey of banking and finance companies finds solutions for battling AI-enhanced scammers, opening new opportunities for tech businesses.Inc. - Business -