British semiconductor bosses threaten to move overseas as U.S. and EU splurge on chips
U.K. semiconductor bosses are pleading with the government for subsidies amid fears that some chip firms will be forced to move overseas.
Ukraine war live updates: Bakhmut comes under heavy shelling; ‘no sign’ Putin is preparing for peace, says NATO’s Stoltenberg
Moscow said Monday that its forces had pushed forward a few kilometers along Ukraine’s frontline, while Kyiv said its troops had repelled Russian attacks in various areas.
A big bang or a grinding assault? What to expect from Russia’s new offensive in Ukraine
The scope of Russia’s offensive remains uncertain but whatever happens, it comes at a tricky time for Kyiv.
Nissan, Renault to invest $600 million to make new models in India
The Japanese and French automakers will work on the projects from their base in Chennai, turning it into an export hub, they said in a statement.
Analysts see short-term strength, long-term ‘generational shift’ in copper prices
Along with experiencing a short-term supply shortage, copper is set to undergo a “generational shift” in demand as decarbonization ramps up, according to BNY Mellon.
China’s yuan hits 5-week low as South Korea export data darkens outlook
“As one of China’s trading partners, South Korea’s disappointing export data reinforced the overall deterioration in Asia’s export orders,” said Kiyong Seong.
India’s largest insurer LIC says it may review stake in Adani after management meeting
India’s largest insurer LIC said it ‘might’ review its stake in Adani Group after meeting with the management.
CNBC Daily Open: Oil popped and stocks slumped — it feels like 2022 again for markets
As oil popped and stocks slumped, it feels like markets are reliving the bad days of 2022. But investors still hope for a fresh start to the year.
A corner of tech is up 50% from its 2022 lows — and strategists recommend these stocks to play it
Forget Big Tech. This sub-sector has flown under the radar this year, but has outperformed the Nasdaq, S&P 500 and Dow Jones Industrial Average.
Chinese EV brand Zeekr is now worth more than Xpeng
Geely-backed electric car brand Zeekr said Monday it’s now valued at $13 billion after a $750 million raise from Chinese battery giant CATL and others.
