The $61 billion merger between American chipmaker Broadcom and VMware could increase the cost of servers, according to Britain’s competition watchdog, who threatened to refer the matter to an in-depth investigation if its concerns weren’t addressed. Last year, Broadcom decided… Read More ›
Entrepreneurship
Expansion Of Air India Raises Concerns About Airline Flying Rights
On Tuesday, tensions over Air India’s plans to become a global airline with hundreds of new jets erupted as foreign carriers clamoured for increased access to the fastest-growing economy in the world. Since India’s flag carrier was sold to the… Read More ›
Chip Industrialist Is Accused Of Corruption By A Chinese Regulator
The latest indication of issues facing China’s semiconductor industry is the accusation of corruption leveled against chip tycoon Zhao Weiguo by the country’s anti-fraud watchdog. Zhao served as Tsinghua Unigroup’s chairman before stepping down. After the government invested billions of… Read More ›
China Slashes Reserve Ratio For Banks For The First Time In 2023 To Help Economic Recovery
In order to maintain ample liquidity and support a nascent economic recovery, China’s central bank announced on Friday that it would reduce the amount of cash that banks must hold as reserves for the first time this year. Chinese leaders… Read More ›
Telecom Firms Of EU Exert Pressure On Big Tech For Payments For The Internet
European telecom companies want big tech in the United States to pay for the internet, but tech titans are fighting back. Tensions between European telecommunications firms and U.S. Big Tech companies have risen as telecom executives put pressure on regulators… Read More ›
Shein, And Temu Are Locked In A Battle Over The $10 Dress Market In The United States
SHEIN, an online fast-fashion retailer, and Temu, a newer competitor, are competing for shoppers’ attention with their low-cost Chinese-made goods. Their feud is being waged not only on social media, but also in a US court. The legal squabble is… Read More ›
New Study Reveals Multilateral Organizations Undervalue Women Leaders
Since 1945, women have held only 12% of the top jobs at 33 of the world’s largest multilateral institutions, and more than a third of those bodies, including all four major development banks, have never been led by a woman,… Read More ›
China Sets Formal Regulations For International IPOs
There is now more clarity regarding whether Chinese companies can list abroad in the United States. Late Friday night, the China Securities Regulatory Commission unveiled new guidelines that call for domestic businesses to abide by national security measures and the… Read More ›
Goldman Sachs Anticipates A 24% Increase In China Stock Prices By The End Of 2023
According to Goldman Sachs strategists, by the end of this year, Chinese stocks could rise by as much as 24% due to an economic transition from “reopening to recovery.” According to a note published on Monday, the company anticipates a… Read More ›
The Biggest Unknown For Oil Markets Is China’s Recovery, According To The IEA Chief
The extent to which China recovers from its prolonged closure, according to the executive director of the International Energy Agency, is the biggest uncertainty facing global energy markets. At the Munich Security Conference, Fatih Birol told CNBC that the oil… Read More ›