Vice President Kamala Harris and Treasury Secretary Janet Yellen plan to use this year’s Freedman’s Bank Forum to highlight how federal coronavirus pandemic relief program funds have helped support Black-…
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China bans exports to US of gallium, germanium, antimony in response to chip sanctions
Bangkok — China announced Tuesday it is banning exports to the United States of gallium, germanium, antimony and other key high-tech materials with potential military applications, as a general principle, lashing…
Trump says will ‘block’ Nippon Steel from taking over US Steel
Washington — U.S. President-elect Donald Trump on Monday said he would “block” a planned takeover of US Steel by Japanese company Nippon Steel, a deal worth $14.9 billion including debts. “I…
Airlines not switching quickly enough to green jet fuel, study says
Most of the world’s airlines are not doing enough to switch to sustainable jet fuel, according to a study by Brussels-based advocacy group Transport and Environment, which also found too…
EV industry hoping for continued growth under Trump
Electric vehicle manufacturers are hoping for continued growth under President-elect Donald Trump, especially as Tesla CEO Elon Musk now appears to be one of his top advisers. Genia Dulot has…
US unveils fresh export curbs targeting China’s chip sector
Washington — The United States announced new export restrictions Monday taking aim at China’s ability to make advanced semiconductors — used in weapon systems and artificial intelligence as competition intensifies between…
Malaysia urges Chinese firms to avoid using it to dodge US tariffs
KUALA LUMPUR — Malaysia has urged Chinese companies to refrain from using it as a base to “rebadge” products to avoid U.S. tariffs, its deputy trade minister said on Monday, amid…
Biden to spotlight Angola’s Lobito Corridor, his legacy to counter China in Africa
WASHINGTON — When U.S. President Joe Biden visits Angola in early December, he will put into focus his legacy infrastructure project aimed at securing crucial supply chains on the African continent.…
‘Everything is expensive!’ Bolivia faces a shocking economic collapse
Fuel is rapidly becoming one of Bolivia’s scarcest commodities. Long lines of vehicles snake for several kilometers outside gas stations all over Bolivia, once South America’s second-largest producer of natural…
Interpol clamps down on cybercrime, arrests 1,006 suspects in Africa
DAKAR, SENEGAL — Interpol arrested 1,006 suspects in Africa during a massive two-month operation, clamping down on cybercrime that left tens of thousands of victims, including some who were trafficked, and…
Foreign smartphone sales in China drop 44% in October, data show
New data released Wednesday from a Chinese government-affiliated research firm showed sales of foreign-branded smartphones, including Apple’s iPhone, fell 44.25% year-on-year in China in October, while overall phone sales in…