US government ramps up its gas price forecast. Blame OPEC and Saudi Arabia
Forecasters at the US Energy Department on Tuesday ramped up their forecasts for American oil and gasoline prices next year, citing new steps by Saudi Arabia and OPEC+ to restrain the supply of oil.
2023-06-07 02:54
US venture capital titan Sequoia to split off China business amid tension with Beijing
Venture capital titan Sequoia is splitting its business into three independent partnerships, each with separate brands.
2023-06-07 01:24
Realtek sues semiconductor rival MediaTek over patent 'bounty' agreement
By Blake Brittain Realtek Semiconductor Corp sued rival Taiwanese chipmaker MediaTek Inc in Northern California federal court on
2023-06-07 00:46
US SEC charges crypto platform Coinbase, one day after suing Binance
By Jonathan Stempel NEW YORK (Reuters) -The U.S. Securities and Exchange Commission on Tuesday sued Coinbase, accusing the largest U.S.
2023-06-07 00:18
Crypto stocks drop after US SEC sues Coinbase for failing to register
By Manya Saini and Sinéad Carew (Reuters) -Shares of Coinbase Global fell on Tuesday and were on track for their
2023-06-07 00:18
Sequoia Splits Into Three Entities, Makes China Standalone Firm
Sequoia Capital, the venture capital powerhouse, is breaking up into three entities across the globe, splitting the Chinese
2023-06-06 18:59
Subway struggles to get big new franchisees to buy its US sandwich shops
By Hilary Russ NEW YORK Subway is seeking big new franchisees in the United States in a push
2023-06-06 18:24
Penn State Official to Lead R&D Arm of $52 Billion US Chips Push
The Biden administration is tapping an official from Pennsylvania State University to head its new semiconductor research and
2023-06-06 17:16
Fast Retailing, trading houses lift Japan's Nikkei to 33-year high
By Rocky Swift TOKYO Japan's Nikkei index extended its climb to scale a near 33-year high on Tuesday,
2023-06-06 16:00
Japan Renews Chip Plan, Confirms Sales Goal of $108 Billion
The Japanese government revamped its chip strategy with a goal of tripling sales of domestically produced semiconductors to
2023-06-06 14:50
Brothers Fighting Fraud Charges From India Are Flourishing in Nigeria
At a ceremony in November, the Nigerian government celebrated the discovery of as many as 1 billion barrels
2023-06-06 12:17
Bank of Korea: less desirable to increase gold holdings at this point
SEOUL The Bank of Korea (BOK) assesses it is more desirable to maintain its dollar liquidity than to
2023-06-06 11:17