Department of Commerce Computer-chip companies have been told that they must obtain a license before exporting some of the technology to China’s largest semiconductor manufacturer, which is a blow to China’s efforts to compete in advanced technology. The department made the requirement in a letter to the computer-chip industry on …
Read More »U.S. stocks appear third largest outflow in history as investors flee technology
Lucas Jackson / Reuters Bank of America on Friday said it would provide details of the inflow of funds into and out of the key-market sector, Bank of America said on Friday. Bank of America said U.S. stocks faced their third-largest fund inflow, with investors pulling .8 25.8 billion from …
Read More »‘Port’s Momentum’ could drive Penn National 25% more, Steiffel says
Getty Images / Cliff Hawkins Shares of Penn National Gaming are poised to benefit from “Port’s Momentum Trade” as the sportfit-betting pride expands into the fall football season, Stiffle said Wednesday. With the recent launch of the Barstall Sportsbook app, other sports betting ‘announcements’ have also been made, so the …
Read More »The UK and Japan have agreed on the principle of free trade
The Prime Minister of the United Kingdom Boris Johnson will meet with the Prime Minister of Japan Shinzo Abe on August 26, 2019, three days before the G7 Summit in Bearetz, France. Andrew Parsons – Pool | Getty Images LONDON – The UK and Japan on Friday agreed in principle …
Read More »China will be able to develop systems that are different from the world: experts
The delivery driver, wearing a face mask, rode an electric bicycle on a street in Beijing’s Central Business District on July 16, 2020. Wang Zhao | AFP | Getty Images SINGAPORE – US-China “decoupling” will cost more, but that doesn’t mean Beijing won’t choose to build “mutually exclusive” systems from …
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