WASHINGTON (Reuters) – US President Donald Trump’s administration on Friday stepped up pressure on China in its final decision to suspend the country’s top chip maker SMIC. And the United States added dozens of Chinese companies to its trade blacklist, including Chinese drone maker SZ DJI Technol Co. Ltd. weeks …
Read More »Tencent doubles stack in Universal Music, Home to Billy il Lish and Beatles
Tencent Holdings Ltd. TCEHY -0.50% The music giant is doubling its stake behind Ariana Grande and Billy Elish. The Chinese internet company said on Friday that it was leading a consortium that had agreed to buy an additional 10% stake in Universal Music Group from Vivendi VVHYV. 1.93% SE, the …
Read More »U.S. S.I.C. Will blacklist dozens of Chinese companies, including sources, sources said
Here are the top headlines from Fox Business Flash. Check out what is clicking on FoxBusiness.com. The United States on Friday unveiled the country’s top chipmaker SMIC. Dozens of companies are preparing to be added to the trade blacklist, two acquaintances told Reuters on Thursday. President Donald Trump’s attempt to …
Read More »Exclusive-US to blacklist dozens of Chinese companies, including SMIC, sources say
WASHINGTON (Reuters) – The United States on Friday unveiled the country’s top chipmaker, SMIC. Dozens of Chinese companies are preparing to be added to the trade blacklist, two people familiar with the matter told Reuters on Thursday. President Donald Trump’s attempt to limit China’s legacy of austerity is being seen …
Read More »Amid U.S. tensions, Iran is building an underground nuclear facility
DUBAI, United Arab Emirates (AP) – Amid tensions over its nuclear program, Iran has begun construction at a site on its underground nuclear facility at Fordo, satellite photos obtained Friday by the Associated Press show. Iran has not publicly acknowledged any new construction at Fordo, which was discovered by the …
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