Search results for "big tech"

India, US to Sign Memorandum of Understanding on Semiconductors

The United States and India will sign a memorandum of understanding on semiconductors as both countries discuss coordination of investment and continue dialogue around policies to spur private investment, U.S. Commerce Secretary Gina Raimondo said on Thursday. Raimondo, who is on a four-day trip to India, is accompanied by the chief executive officers of 10 […]

Exclusive - Hydrogen Firm Thyssenkrupp Nucera Says IRA Spurring U.S. Interest

German hydrogen firm Thyssenkrupp Nucera has seen customer interest soar in the U.S. as a result of the Inflation Reduction Act (IRA) and may create local production capacity with Italy’s De Nora if the market takes off. Thyssenkrupp Nucera held talks about several potential green hydrogen projects “with very concrete timelines” during a trip to […]

Blockchain Applications: What's Next after NFTs?

In today’s world, we collectively become obsessed with something, and then suddenly, it disappears from mainstream media. Look at fashion trends; one day, skinny jeans are all the rage, and then the next, everyone talks about the baggiest pair ever seen on runaways. Sometimes, these discussions seem to come full circle. I mean, we have […]

Biden to Host Australian, British Leaders on AUKUS Defence Pact

U.S. President Joe Biden will host leaders of Australia and Britain in San Diego next week to chart a way forward for provision of nuclear-powered submarines and other high-tech weaponry to Australia, sources familiar with the plans said. Australian Prime Minister Anthony Albanese said before leaving on a visit to India on Wednesday he would […]

SoftBank-backed OakNorth Leans Towards U.S. IPO in Overseas Push

OakNorth is leaning towards the United States for a prospective stock market listing, as the British bank considers ways to grow in the world’s largest economy, including securing a local U.S. financial licence, chief executive Rishi Khosla told Reuters. The prospect of a U.S. listing for one of Britain’s biggest and most successful financial technology […]

Factbox-What Is China's New Government Restructuring Plan?

China has unveiled plans for a sweeping central government reorganisation at its annual parliament session, including the formation of a financial regulatory body and national data bureau and a revamp of its science and technology ministry. Here are the main changes and what they mean. WHAT DOES THE RESTRUCTURING INVOLVE? A new national financial regulatory […]

Futures Inch up After Wall St Selloff, Labor Data on Tap

U.S. stock index futures edged higher on Wednesday after hawkish comments from Federal Reserve Chair Jerome Powell fueled a selloff on Wall Street a day earlier, stoking concerns about a sharp recession and putting focus on the upcoming labor market data. The main U.S. stock indexes fell more than 1% on Tuesday, with the benchmark […]

Business IoT: What Cyber Security Tells Us

Everything in this world could be represented by a coin, having a good side and a bad side. And the Internet of Things (IoT) is no different. On one side, life is easier when all our appliances and devices are connected to each other and talking to one another. Conversely, it puts your data at […]

Wall St Set to Open Higher as Focus Turns to Powell’s Testimony

U.S. stock indexes were set to open slightly higher on Tuesday in cautious trading ahead of Federal Reserve Chair Jerome Powell’s testimony before Congress that could shed more light on the central bank’s interest rate hike plans. The benchmark S&P 500 closed higher for a third straight session on Monday, as Treasury yields took a […]

Explainer - What Are e-Fuels, and Can They Help Make Cars CO2-Free?

Germany has declared last-minute opposition to a landmark European Union law to end sales of CO2-emitting cars in 2035, demanding that sales be allowed of new cars with internal combustion engines after that date if they run on e-fuels. The EU law would require all new cars sold from 2035 to have zero CO2 emissions, […]