A Teradyne representative stated on Monday that the company, Teradyne, a provider of semiconductor testing equipment, withdrew manufacturing worth around $1 billion from China last
Category: WORLD NEWS
Nippon Steel to acquire U.S. Steel with $16b in loans to be funded by 3 megabanks in Japan.
Sumitomo Mitsui Financial Group, Mitsubishi UFJ Financial Group, and Mizuho Financial Group, plan to lend Nippon Steel a combined $16 billion for its planned acquisition
China Evergrande was forced into liquidation with over $300b in liabilities, compounding the housing crisis.
China Evergrande, the most indebted real estate developer in the world, was forced into liquidation by a Hong Kong court after an unsuccessful attempt to
The COVID-era employee retention tax credit program was 95% fraud, and Congress is anxious to shut it down.
During a recent private meeting between senators and IRS Commissioner Danny Werfel, the chairman of the Senate Finance Committee requested his opinion on an astonishing
The private credit market has reached $2 trillion as banks are reluctant to make high-risk loans.
The asset management subsidiary of Morgan Stanley collects money from big investors to lend to businesses, to double its private credit portfolio to $50 billion
US to award billions of dollars in subsidies to semiconductor companies to build new factories.
To assist in the construction of new factories in the United States, the Biden administration is expected to grant billions of dollars in subsidies to
Shell, to achieve net zero by 2050 will shut the German oil refinery and divest from Singapore.
Shell stated on Friday that, as part of its effort to lower its carbon emissions, it will close its oil refinery in Wesseling, Germany, by
Japan will sell the Tokyo Metro in a bid to raise $2b for the rehabilitation of the Fukushima region.
Tokyo Metro Co., which runs the majority of the metro system in the Japanese capital, is preparing to go public. This is a significant attempt
Chinese EV companies will “demolish” their global rivals without trade restrictions. -Elon Musk
The CEO of Tesla, the leading US EV manufacturer, Elon Musk, highlighted the pressure on his company on Wednesday when he claimed that Chinese manufacturers
Diplomats’ first alcohol store is set to open in Saudi Arabia in a bid to boost tourism and the post-oil economy.
Saudi Arabia is getting ready to launch its first alcohol store in the country’s capital, Riyadh, catering only to non-Muslim diplomats, according to a document
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