Chinese firms currently dominate the electric vehicle battery supply chain — from mining and refining through to final assembly. This leaves Western automakers with little option but to rely on Chinese-made EV batteries. The Shanghai...
For lovers of big music concerts, 2023 has been a renaissance year. After the pandemic put the squeeze on large events for the better part of three years, a host of megastars have embarked on...
The artificial intelligence boom has seen Nvidia achieve stunning financial results. But other companies, including Google, Microsoft and Amazon, want a piece of the action. Semiconductors already occupy a pivotal place at the center of...
US Commerce Secretary Gina Raimondo is in Beijing for talks with Chinese counterpart Wang Wentao. US firms reported challenges with operating in China after Washington moved to block advanced semiconductor exports. US Commerce Secretary Gina...
Health and cost-of-living crises have disproportionately affected the poor and women in developing Asian countries, hurting their chances of long-term improvement. Higher inflation coupled with the COVID-19 pandemic pushed nearly 68 million people in Asia into extreme poverty...
As the world economy reels from a global slowdown amid the Ukraine war, Brazil could benefit from the multiple crises. No matter whether it’s oil, gas, lithium, food, renewable energy — Brazil has plenty of...
Soon Birkenstocks won’t just be available at shoe stores. If its owners have their way, the German company will be trading on the New York Stock Exchange. The move to America will make its European...
France is looking to small, self-sustaining green power projects to solve its energy woes. Advocates say the move democratizes electricity production while reducing dependencies on fossil fuels and foreign powers. With its tranquil, tree-lined main...
Rice prices have soared to the highest in a decade as India curtails exports and erratic weather wreaks havoc on Asian rice fields. It is likely to worsen food insecurity in many countries that rely...
Months after the political tussle between US President Joe Biden and Republicans over raising the debt ceiling, Fitch downgraded the US credit rating from AAA to AA+. The White House strongly disagreed with the move....
Britain will award hundreds of new licences to explore for oil and gas in the North Sea, its government says. Premier Rishi Sunak said it was “vital” to boost the country’s energy independence. The UK is to...
The IMF has said global economic growth is on track to increase somewhat more than expected. However, overall growth in 2023 remains stunted in advanced economies, and Germany’s growth is expected to contract. The International Monetary...