On Monday, rare earth producer Lynas Corp stated, it has signed a contract with the U.S. Department of Defense to begin initial design preparations for its heavy rare earth separation facility in Texas. The Pentagon is providing initial funding for… Read More ›
On Monday, with news of U.S. chipmaker Intel Corp signalling that it may stop manufacturing semiconductors of its own chips, shares of Taiwan Semiconductor Manufacturing Co Ltd (TSMC) soared by nearly 10%. TSMC is the world’s biggest contract chipmaker. The… Read More ›
On Sunday, according to a report from the Mail, British Prime Minister Boris Johnson is set to overhaul the United Kingdom’s treason laws. The development comes at a time of increased activity by foreign agents in the country with many… Read More ›
On Sunday, data from the General Administration of Customs showed, China’s import of crude oil from Saudi Arabia in June 2020, soared by 15% from a year ago with Beijing import record amounts of the fuel when prices are low…. Read More ›
The Chinese owned video sharing app TikTok plans to increase the size of its global workforce and has been trying to woo employees from United State based tech companies form their offices in America as well as in Europe. The… Read More ›
In a development that marks apparel brand Brooks Brothers remaining a going concerns and help it maintain its operations, the company has entered into a “stalking horse” purchase agreement with retailer SPARC Group LLC for $305 million. Earlier this month,… Read More ›
According to a report from Bloomberg News, SpaceX is looking to raise new capital wherein it is likely to be valued at around $44 billion. Elon’s Musk’s space venture SpaceX is in talks with investors to raise $1 billion at… Read More ›
Talks between the United Kingdom and the European Union over a free trade agreement were stalled on Thursday. While the EU said that an agreement was unlikely within the stipulated time frame. The UK expressed hope of an agreement by… Read More ›
In a court filing the FBI said, it believes a Chinese researcher, who has been accused of visa fraud is holed up for a month in the Chinese consulate in San Francisco. She has been accused of hiding her affiliation… Read More ›
In a statement U.S. oil major ConocoPhillips said, it has agreed to acquire land from from Kelt Exploration Ltd in Canada’s Montney shale oil play, in a deal worth $375 million. The 140,000 acres of land that has been purchased… Read More ›
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