Exclusive: Chip equipment maker ASML’s suppliers eye Asia plants outside China amid tensions

[ad_1] HANOI/AMSTERDAM, March 10 (Reuters) – Suppliers to Dutch chip-making machines giant ASML Holding NV (ASML.AS) are considering building plants in Southeast Asia instead of China amid political tensions between…

Italy’s Serie A to discuss financing options for media business

[ad_1] Serie A clubs to review possible media business investment Review follows approaches from banks, private equity funds Some top club owners have expressed scepticism MILAN, March 9 (Reuters) –…

Bank of England seeks to wind up Silicon Valley Bank’s UK arm

[ad_1] LONDON, March 10 (Reuters) – The Bank of England said on Friday that it was seeking a court order to place Silicon Valley Bank UK Limited into an insolvency…

Shein, Temu in fierce fight over US market for $10 dresses

[ad_1] NEW YORK/SHANGHAI, March 9 (Reuters) – Online fast-fashion retailer SHEIN and its newer rival Temu are in a race to win shoppers’ attention for their inexpensive China-made goods. The…

Yellen defends request for $29 bln increase in IRS enforcement funds

[ad_1] WASHINGTON, March 10 (Reuters) – U.S. Treasury Secretary Janet Yellen on Friday defended a Biden administration budget request for an additional $29.1 billion in IRS enforcement funds as Republicans…

Apple supplier Foxconn replaces iPhone business chief- Bloomberg News

[ad_1] Jan 17 (Reuters) – Taiwan’s Foxconn (2317.TW) has appointed Michael Chiang as the new boss for its iPhone assembly business after a tumultuous year in China, Bloomberg News reported…