Article content HSINCHU — Taiwanese chipmaker Macronix International Co Ltd is “doing very well” in replacing customers after the Trump administration’s ban on supplying China’s Huawei, its chairman said on Friday. In August 2020 the Trump administration expanded its curbs on Huawei and banned suppliers from selling chips made using U.S. technology to the Chinese […]
Article content OSLO — Norway said on Thursday that sky-high gas prices were not in its interest and it would work with the EU to steady the market, although Europe’s biggest supplier of piped gas is already at capacity trying to fill a gap left by Russia. The European Union is grappling with the impact […]
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Foo Yun Chee Article content LUXEMBOURG — Google suffered one of its biggest setbacks on Wednesday when a top European court fined it 4.125 billion euros ($4.13 billion) for using its Android mobile operating system to thwart rivals, offering a precedent for other […]
Article content PARIS — French state-owned power utility EDF hopes to have this winter roughly the same nuclear output available as last winter, outgoing CEO Jean-Bernard Levy told a parliamentary hearing on Wednesday. (Reporting by Benjamin Mallet, Writing by Dominique Vidalon; Editing by Benoit Van Overstraeten)
Article content LONDON — Oil prices stabilized on Wednesday, after dropping by more than $1 earlier in the session, following signs of bullish demand in an International Energy Agency (IEA) report. Brent crude futures rose 8 cents, or 0.09%, to $93.25 a barrel by 0933 GMT. U.S. West Texas Intermediate crude was at $87.35 a […]
Breadcrumb Trail Links PMN Business Author of the article: Publishing date: Sep 14, 2022 • 10 minutes ago • 2 minute read • Join the conversation Article content BEIJING — China raised its highest tropical cyclone alert on Wednesday as Typhoon Muifa approached the densely populated Yangtze River Delta, with Shanghai and other cities canceling flights […]
Article content BRUSSELS — EU antitrust regulators said on Wednesday that they would study the General Court’s ruling backing their decision against Alphabet’s Google before deciding on possible next steps. Europe’s second top court largely agreed with the European Commission’s arguments but trimmed the fine by 5% to 4.125 billion euros because it disagreed with […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Tom Balmforth Article content ON ROAD TO BALAKLIIA — Ukraine said on Tuesday it aimed to liberate all of its territory after driving back Russian forces in the northeast of country in a rapid offensive, but called on the West to speed up deliveries of […]
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Fanny Potkin and Eduardo Baptista and Tony Munroe Publishing date: Sep 13, 2022 • 12 minutes ago • 6 minute read • Join the conversation Article content SINGAPORE/BEIJING — Even as China bars 1.4 billion citizens from Twitter, its local authorities are splurging on […]
Article content PARIS — All French consumers will be protected by forthcoming caps on energy prices, Finance minister Bruno Le Maire said on Monday but he added that households will need to absorb a “small part” of the increased costs themselves. Current caps on power prices and a gas price freeze worth a combined 16.5 […]