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

EXCLUSIVE USA slows mergers of oil and gas wells

NEW YORK / WASHINGTON, Oct. 21 (Reuters) – US antitrust authorities have extended the approval process for at least five oil and gas mergers and acquisitions in the past three months as President Joe Biden’s administration scrutinizes business to counter rising energy prices to combat, according to government filings and corporate attorneys. The slowdown comes … Read more

The only way is up: CEOs warn of prices

Adds CBI survey, AutoNation, SouthWestern, Unilever details Unilever warns that prices will continue to rise over the next year Randstad says the labor shortage will persist for years British manufacturers have increased prices the most since 1980 Oct 21 (Reuters) – For central bankers grappling with whether inflationary pressures are temporary, industry leaders around the … Read more

Former US President Donald Trump has launched the ‘TRUTH’ on the social media platform

Former US President Donald Trump has launched the 'TRUTH' on the social media platform

Former US President Donald Trump speaks during a rally at the Iowa States Fairgrounds in Des Moines, Iowa, US, October 9, 2021. REUTERS / Rachel Mummey LOS ANGELES, Oct 20 (Reuters) – Former US President Donald Trump will unveil his social media program, TRUE Social, which he says will “stand up for Big Tech companies” … 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

Bundesbank boss Weidmann gives notice early with a final inflation warning

Bundesbank President Jens Weidmann will take part in the 29th Frankfurt European Banking Congress (EBC) in the Alte Oper in Frankfurt on November 22, 2019. REUTERS / Ralph Orlowski Weidmann leaves on December 31. Still had over five years from the eight year tenure As a conservative politician, Weidmann was often in the minority FRANKFURT, … 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

Facebook plans to change its name – The Verge

In this March 25, 2020 illustration, a 3D printed Facebook logo is placed on a keyboard. REUTERS / Dado Ruvic / Illustration Oct. 19 (Reuters) – Social media giant Facebook Inc (FB.O) plans to rename itself with a new name next week, The Verge reported Tuesday, citing a source with direct knowledge of the matter. … Read more

US homes begin to fall; Permits hit an annual low as scarcity increases

A sign reading “For Sale” is posted in front of a residential building in the Queen Anne neighborhood near the Space Needle in Seattle, Washington, USA on May 14, 2021. REUTERS / Karen Ducey Housing starts fall 1.6% in September; Corrected downwards in August Single-family home starts unchanged; Multi-family decrease by 5.0% Building permits decrease … 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