[ad_1] Business Line explores the OECD’s warning that the global economy is in a ‘low growth trap’ and Tehran wants foreign social media to move its citizens’ data onto servers…
Tag: World economy
Don’t underestimate China’s ability to build its own advanced chips despite U.S. curbs, tech analysts say
[ad_1] CHONGQING, CHINA – MAY 4, 2023 – Young technicians test the quality of electronic chips at a dust-free production workshop in Chongqing, China, May 4, 2023. CFOTO | Future…
Why wealthy Americans love UBS, the secretive Swiss banking giant
[ad_1] With its $3.2 billion acquisition of Credit Suisse, UBS is poised to climb the ranks of global mega banks. UBS is no stranger to blockbuster mergers. The modern company…
Trump’s trade tensions
[ad_1] In Business Line we look at president-elect Donald Trump’s rhetoric on the economy and trade to see what it might mean for the US and the world. The businessman…
Tesla hikes prices in U.S., China and other markets after multiple cuts
[ad_1] Visitors check a Tesla Model 3 car next to a Model Y displayed at a showroom of the U.S. electric vehicle (EV) maker in Beijing, China February 4, 2023.…
Samsung faces weakest quarter since 2009 as memory chip market in ‘worst slump in decades’
[ad_1] Samsung is the world’s biggest maker of memory chips. A lack of demand and a chip glut has put pressure on memory prices which could hammer Samsung’s profit. Jakub…
Diplomats flee Sudan fighting as citizens struggle to escape
[ad_1] Foreign governments evacuated diplomats, staff and others from Sudan on Sunday as rival generals battled for a ninth day with no sign of a truce that had been declared…
Chile’s plan for state control in lithium dismays business
[ad_1] A lithium mining machine moves a salt by-product at the mine in the Atacama Desert in Salar de Atacama, Chile on October 25, 2022. Lucas Aguayo Araos| Anadolu Agency…
JPMorgan, Citi raise full-year forecasts for China’s economy
[ad_1] JPMorgan raised its 2023 growth outlook to 6.4%, up from a previous forecast of 6%, saying the latest quarterly report points to further growth ahead. Citi raised its forecast…
The chip industry’s open secret: Adversaries’ military tech relies on U.S. components
[ad_1] Western companies were quick to shutter operations in Russia after the country’s military invasion of Ukraine last February. But U.S. and European microelectronic tech continues to power the Kremlin’s…