Europe approves its $47 billion answer to Biden’s CHIPS Act — here’s everything that’s in it
The European CHIPS Act seeks to help the bloc secure its semiconductor supplies, ensure self-sufficiency and compete with the U.S. and Asia on tech.
India’s population is on the brink of overtaking China’s, UN says
New U.N. estimates say India will be more populous than China by the middle of 2023, as the Chinese population falls.
Sudan army battles rebel assault on headquarters, fighting thwarts evacuations
Sudanese troops battled waves of attacks on Wednesday by a rebel paramilitary force trying to seize the army’s headquarters.
Germany, Poland and others are pushing for new sanctions on Russia’s nuclear energy
Germany, Poland are pushing for sanctions on Russia’s nuclear energy as the EU looks at new ways to hurt the Kremlin’s revenues amid Moscow’s invasion of Ukraine.
Goldman Sachs changes call on European Central Bank rate hikes as banking crisis subsides
Goldman Sachs changed its rate expectations for the European Central Bank, sees further hawkish action.
Another Ukrainian ally bans its grain imports as tensions grow over a glut in Europe
Troubles have been brewing in eastern Europe where there’s been a glut of Ukraine’s abundant and cheap agricultural exports.
These are the 10 fastest-growing millionaire hotspots worldwide — and three are in the U.S.
China and the U.S. dominate the top 10 of cities where wealth has soared the most over the past decade, according to a new report by Henley & Partners.
ASML beats first-quarter earnings estimates, customers ‘adjusting’ orders due to chip market
ASML Holding NV, a key supplier to computer chip makers, on Wednesday reported first quarter earnings that beat expectations, as customers received its products at swift clip despite signs of weakness in end markets.
‘We should be worried’: Finance leaders warn rising interest rates are squeezing low-income countries
Leaders of several global financial bodies warned that rising interest rates are increasing pressure on low-income developing countries.
Tesla cuts U.S. prices for sixth time this year ahead of first-quarter results
Tesla cut the prices of its Model Y “long range” and “performance” vehicles by $3,000 each and that of its Model 3 “rear-wheel drive” by $2,000 to $39,990.
