Huawei, SMIC Suppliers Received Billions’ Value of Licenses for US Goods Documents

WASHINGTON, Oct. 21 (Reuters) – Suppliers to Chinese telecommunications giant Huawei and China’s leading chipmaker SMIC were granted billions of dollars in licenses from November to April to sell them goods and technology despite being blacklisted for U.S. trade stand, as Reuters-viewed documents showed on Thursday. According to the documents, 113 export licenses worth $ … Read more

Pfizer, BioNTech says the COVID-19 booster shot showed significant performance in a large study

Pfizer, BioNTech says the COVID-19 booster shot showed significant performance in a large study

A woman holding a bottle labeled “Coronavirus COVID-19 Vaccine” injected with a medical syringe in front of the Pfizer sign shown in this photo taken October 30, 2020. REUTERS / Dado Ruvic BERLIN, Oct 21 (Reuters) – An outbreak of the drug COVID-19 drug developed by Pfizer Inc (PFE.N) and German partner BioNTech SE (22UAy.DE) … Read more

Alibaba founder Ma spotted on Mallorca during a rare trip abroad after a China exam

Jack Ma, billionaire founder of the Alibaba Group, comes to the “Tech for Good” summit in Paris, France on May 15, 2019. REUTERS / Charles Platiau MALLORCA, Spain, October 20 (Reuters) – The founder of the Alibaba Group (9988.HK) was on the Spanish island of Mallorca, where his luxury yacht is moored, two Spanish newspapers … Read more

Bitcoin is below all-time high after US ETF debut

A representation of the virtual cryptocurrency Bitcoin can be seen in this illustration from October 19, 2021. REUTERS / Edgar Su HONG KONG, Oct. 20 (Reuters) – Bitcoin hovered below record highs on Wednesday, the day after the first U.S. Bitcoin futures-based exchange-traded fund (ETF) began trading as a digital asset. The world’s leading cryptocurrency … Read more

China Evergrande Makes Onshore Coupon Payment – Sources

The company logo can be seen at the headquarters of the China Evergrande Group in Shenzhen, Guangdong Province, China, September 26, 2021. REUTERS / Aly Song HONG KONG / SHANGHAI, Oct. 19 (Reuters) – China Evergrande Group (3333.HK) has paid out an onshore bond coupon due Tuesday, four people familiar with the matter said amid … Read more

Tigrayan forces blame government for Ethiopian air strikes on Mekelle

Tigrayan forces blame government for Ethiopian air strikes on Mekelle

NAIROBI, Oct 18 (Reuters) – Journalists controlled by rebel forces in northern Ethiopia say the government began air strikes in the northern city of Tigray on Monday, although the government denied the allegations. Tigrai TV, controlled by the northern region of the Tigrayan People’s Liberation Front (TPLF), said the attack on the town of Mekelle … Read more

Taiwan’s Foxconn is showing three prototypes of electric vehicles

Taipei, October 18 (Reuters) – Taiwanese tech giant Foxconn (2317.TW) unveiled its first three electric vehicle prototypes on Monday, underscoring its ambitious plans to move away from its role as a consumer electronics manufacturer for Apple Inc (AAPL.O ) and other diversifying tech firms. The vehicles – an SUV, a sedan, and a bus – … Read more

EXCLUSIVE China plans to incorporate US LNG as the energy crisis raises concerns

SINGAPORE / NEW YORK, Oct.15 (Reuters) – Major Chinese energy companies are in advanced talks with U.S. exporters to secure long-term supplies of liquefied natural gas (LNG) amid rising gas prices and domestic electricity shortages as concerns over the country’s fuel safety come up, said multiple sources. At least five Chinese companies, including the state-owned … Read more

Coal prices in China hit record highs, and the cold in early winter exacerbates energy problems

Fishermen take a boat past a State Development and Investment Corporation (SDIC) power plant outside Tianjin, China on October 14, 2021. REUTERS / Thomas Peter Steam coal prices in China reached record highs Power reform comes into force Cold winds from the north sweep central and eastern China China’s Met Office predicts sharp drops in … Read more

Chinese developer stocks slide as Evergrande fears simmering

The company logo can be seen at the headquarters of the China Evergrande Group in Shenzhen, Guangdong Province, China, September 26, 2021. REUTERS / Aly Song SHANGHAI, Oct. 14 (Reuters) – Chinese real estate company stocks and dollar bonds slid again on Thursday as investors worried about a debt crisis struck by developers like China … Read more