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...Brussels has raided the offices of a Chinese security equipment supplier, deploying new anti-foreign subsidy powers in a move that will further inflame tensions between the trading superpowers....
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...Nuctech, the Chinese security equipment supplier raided by EU authorities, has won more than 160 public tenders in Europe over the past decade despite national security warnings about the company’s products...
...The person added that the company was still refraining from selling US-made equipment, which ranges from wafer grinders to etching machines....
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...The marathon-running 58-year-old, who has headed the privately owned company since 2012, is due to step down at the end of 2026....
...The company submitted its plan to the UK Office for Nuclear Regulation two years ago....
...But as the latest halving approached, miners spent more than $1bn on new equipment to gain market share and squeeze out competitors....
...TSMC said “critical tools”, including extreme ultraviolet lithography equipment, were undamaged....
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...Now companies are spending big on new equipment, hoping to leave rivals on older machines struggling....
...The plan had originally envisaged ¥25bn of operating profits by December 2023, but the company in fact made ¥54bn....
...The export potential of new equipment will become crucial in assessing whether to buy kit for Britain’s armed forces in a move aimed at fixing the country’s disastrous record in defence procurement, according...
...Chipmaking equipment manufacturer ASML has been forced to curb some exports to China after the Dutch government partially revoked its export licence, the company said on Monday....
...The company manufactures factory equipment used to produce EV batteries....
...Big share prices moves in Europe today include British consumer goods company Reckitt, Paris-based Gucci owner Kering and Dutch maker of water processing equipment for semiconductor manufacturers ASM International...
...company that has been sued by the government....
...The Dutch chipmaking equipment provider has issued what could have been a concerning set of quarterly results. Sales of €5.3bn came in at the midpoint of company guidance....
...Speciality finance lending looks a promising new seam for private credit companies to mine....
...The company left its guidance for 2024 unchanged. Shares in the group were down about 7 per cent on Wednesday....
...The US has since 2020 warned of “its involvement in activities contrary to the national security interests of the US” and “security risks posed by Nuctech equipment . . . given the company’s control by the...
...Policymakers are keen to reverse the long-standing practice of countries purchasing US-made equipment....
...The China Chamber of Commerce to the EU has attacked what it called a “dawn raid” by European Commission authorities on a Chinese security equipment supplier in the Netherlands and Poland....
...Peter Wennink, chief executive of chipmaking equipment manufacturer ASML, will step down in April after more than a decade at the helm of what is now Europe’s most valuable technology company....
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