Honestly, I wasn’t sure I was the right person for this interview. The article we had in mind was about a successful female banking executive in what is generally still perceived as an old boy’s club. A triumph of gender balance against the odds. Punching a hole through the glass ceiling. A woman who flew […]
Search results for "IT"
Tesla Inc will cut assembly costs by half in future generations of cars, engineers told investors on Wednesday, but Chief Executive Elon Musk did not unveil when it will debut a much-awaited affordable electric vehicle. Shares fell more than 5% in after hours trade following the company’s investor day from its Texas headquarters. More than […]
U.S. payment giants Visa and Mastercard are slamming the brakes on plans to forge new partnerships with crypto firms after a string of high-profile collapses shook faith in the industry, people familiar with the matter told Reuters. The crypto industry saw a stunning reversal of fortunes in 2022 as bankruptcies of industry majors FTX and […]
The Biden administration’s Inflation Reduction Act to promote climate-friendly technologies is attracting German companies to the United States, a survey of the German Chamber of Commerce and Industry DIHK released on Wednesday showed. According to the DIHK survey among 2,400 companies from all sectors, one in 10 German companies is already planning to relocate production […]
A push by Group of 20 (G20) president India to regulate cryptocurrencies gained support from both the International Monetary Fund and the United States on Saturday as finance chiefs of the bloc wrap up two-days of talks. India has said it wants a collective global effort to deal with problems posed by cryptocurrencies such as […]
The Biden administration, which is making a $52 billion push to build more chips in the United States, said on Tuesday that it would require companies winning taxpayer funds for the initiative to give back excess profits and provide affordable childcare. As of 2020, the U.S. share of modern global chip manufacturing capacity had fallen […]
China’s annual parliament opens on Sunday and will implement the biggest government reshuffle in a decade as Xi Jinping tightens control while contending with a host of challenges, from an uneven post-COVID economic recovery to cratering U.S. relations. Nearly 3,000 delegates will gather in the Great Hall of the People west of Tiananmen Square for […]
The Biden administration approved more than $23 billion worth of licenses for companies to ship U.S. goods and technology to blacklisted Chinese companies in the first quarter of 2022, a Republican lawmaker said on Tuesday. The data comes amid growing pressure on the administration of Democratic President Joe Biden to further expand a broad crackdown […]
Dow Inc and private company X-energy said on Wednesday they have agreed to develop and demonstrate the first grid-scale next-generation nuclear reactor for an industrial site in North America. The X-energy Xe-100 plant featuring four high-temperature, gas-cooled reactors is set to be built at one of Dow’s sites on the U.S. Gulf Coast. The companies […]
The U.S. Commerce Department and other government agencies approved about 69.9% of export license applications involving China in the 2022 budget year, according to written testimony made public ahead of a U.S. House hearing Tuesday. Under Secretary of Commerce for Industry and Security Alan F. Estevez will tell the House Foreign Affairs Committee that the […]