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...The central government purchasing office this month also said limited purchases of Intel- and AMD-powered computers could continue, provided departments “comply with relevant management procedures”....
...As part of that policy, foreign investment from these countries must first receive approval from the central government....
..., under which each new fab must operate under the exact parameters transferred from the company’s technology development centre in Oregon....
...This includes a concert in Stanford, home to a university and an entire free-market worldview originally built on railroad money (Leland Stanford was one of the Big Four behind the Central Pacific Railroad...
...A version of this article was first published by Nikkei Asia on February 7. ©2024 Nikkei Inc. All rights reserved....
...Union Pacific and BNSF — a division of Warren Buffett’s Berkshire Hathaway — were the two US railroads most directly affected by the closures, the association said....
...Its PacifiCorp electric utility, which has operations in Oregon and California, paid $631mn in settlements over wildfires last year....
...Fitch also forecast that general government debt — which covers local and central government borrowing — would rise to 61.3 per cent of GDP in 2024, up from 56.1 per cent in 2023, primarily due to fiscal...
...On monetary policy, the central bank’s ability to lower rates clashes with the competing goal of currency stability, since aggressive rate cuts would weaken the renminbi....
...Berkshire has warned its ultimate payouts may be far higher; plaintiffs in Oregon alone have sought $8bn in damages....
...The costs centre on PacifiCorp, a utility that serves six western states including Oregon and California....
...The “Oracle of Omaha”, whose sprawling railroad-to-confectioner conglomerate is now worth $780bn, has enticed investors despite a quarter that revealed the negative effects of the cooling US economy on some...
...It has contributed to widespread flooding right across the southern hemisphere, from swaths of the east coast of Australia to southern and central Africa....
...Once the BoJ is no longer the sole major central bank still locked in ultra-loose mode, runs the argument, a revaluation of the yen will come due....
...The BNSF railroad, with more than 32,000 miles of track that run from Oakland, California to Chicago, showed a 12 per cent drop in revenues....
...Investors took the comment as a signal that the central bank’s long awaited “normalisation” of policy after eight years of negative interest rates and yield curve control, would not unleash the sort of interest...
...There were, he said, few deals that offered the kind of transformative impact past takeovers have had, such as its purchases of insurers Geico and National Indemnity or the BNSF railroad....
...The naturally occurring phenomenon results in a warming of sea-surface temperatures in the Pacific, affecting wind flows and triggering both floods and drought....
...But the central Chinese city might now be on the cusp of global recognition for a different reason: boasting the world’s biggest fleet of cars that drive themselves....
...Hacking Inc....
...A version of this article was first published by Nikkei Asia on February 12. ©2024 Nikkei Inc. All rights reserved....
...Nio co-founder and chief executive William Li was greeted like a rock star by tens of thousands of devoted fans on Saturday night as he took to the stage at the Olympic stadium in Xi’an, China’s ancient central...
...A version of this article was first published by Nikkei Asia on December 18. ©2023 Nikkei Inc. All rights reserved....
...The sprawling conglomerate is now worth more than $780bn, with stakes in Apple, Coca-Cola and Bank of America as well as ownership of the BNSF railroad and Geico insurer....
...Central government bodies have long recommended employees use locally made devices. The stakes are high. China accounts for about a fifth of Apple sales....
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