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...The move by the US Department of Commerce affects the supply of chips for Huawei’s laptop computers and mobile phones, according to people familiar with the situation....
...The chief executive of BCG has said the $12bn consulting firm expects to generate a fifth of its revenues in 2024 from helping corporations integrate artificial intelligence into their businesses, a share...
...Some Asian companies are frustrated that the US continues to let some of its companies, such as Qualcomm, to supply Huawei with chips at the same time that Washington is putting pressure on allies....
...Read our full range of US High School economics picks here....
...The department confirmed to the Financial Times that it had “revoked certain licences for exports to Huawei” but did not name which US companies would be affected. Read more here...
...— The uneasy US housing stalemate...
...The US has pledged to support the mission with about $300mn in funding, though it has ruled out putting boots of its own on the ground....
...A more perfect union So is this a new cross-border relationship between unions to match the multinational nature of the corporations in which they seek to organise? Ish....
...US news media groups have typically enjoyed a boost to their audiences during election years....
...After decades of concentrating production in China and Taiwan, electronic assemblers such as Foxconn, Quanta and Wistron, along with major chip suppliers from TSMC to United Microelectronics Corporation,...
...The moves came after the British and US governments on Friday banned the delivery of new Russian supplies to the London Metal Exchange and the Chicago Mercantile Exchange....
...Biden’s Inflation Reduction Act seeks to eliminate “foreign entities of concern” — which include companies with close ties to Beijing — from the US EV supply chain, with restrictions due to come into force...
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...One of the US’s top banking regulators will release a report on Tuesday detailing complaints of years of workplace harassment at the Federal Deposit Insurance Corporation....
...The US International Development Finance Corporation (DFC) has invested $105mn into TechMet, a $1bn critical minerals fund, which has pledged $50mn of equity for Rainbow Rare Earths, the company behind the...
...The volume of mortgages outstanding at US banks was flat from the end of the year....
...In 2023, China accounted for the smallest share of US imports in 20 years. And, as global supply chains restructured, US foreign direct investment in China fell to an 18-year low of $8.2bn in 2022....
...President Joe Biden has told Israel that the US would withhold the supply of offensive weapons if it moved ahead with a full invasion of Rafah in southern Gaza, in his starkest warning yet over its conduct...
...“The US wants to create alternative supply chains in partner countries . . . but what happens when it’s Chinese companies that are building those supply chains?”...
...China and Russia have pledged to maintain “industrial supply chain stability” just days after US Treasury secretary Janet Yellen warned Beijing against supporting Moscow’s war effort....
...The global supply of public equity is shrinking at its fastest pace in at least 25 years, as economic and geopolitical uncertainty weighs on new share sales while companies keep buying back large volumes...
...While conservative lawmakers and billionaires try to undo the inclusion programmes that US corporations rolled out after George Floyd’s murder in 2020, nearly every one of the dozen executives I have interviewed...
...Apollo, Carlyle and KKR are studying separate bids for Pension Insurance Corporation ahead of a deadline this week, as big private capital groups look for a way into the thriving market for UK corporate...
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