Dutch Prime Minister Dick Schoof said China has agreed to resume deliveries of Nexperia chips from plants in the country, signaling a potential breakthrough in a clash that risked disrupting global auto production. “We were informed by China that they will enable the resumption of supplies from Chinese factories from Nexperia,” Schoof said in an…
BANGKOK — Shares retreated in Asia on Friday after losses for influential technology stocks pulled Wall Street benchmarks lower. U.S. futures edged higher and oil prices advanced. Japan’s Nikkei 225 index fell more than 2% early in the session and was trading 1.6% lower at 50,064.38. China reported that its exports contracted 1.1% in October,…
Hi, this is Allen Wan in Shanghai, otherwise known as the world’s most compelling coffee city. I’m enjoying an Americano at a pretty empty Starbucks in my neighborhood as I write this and wondering what the future holds for this iconic American coffee chain in China. Despite getting this tea-drinking nation hooked on lattes and…
The Ford Lightning is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC DETROIT — Ford Motor is reportedly considering ending production of its all-electric F-150 Lightning pickup truck amid mounting losses and more challenging market conditions for EVs. The Wall Street Journal first reported the talks Thursday,…
As Tesla‘s dominance in the electric vehicle space continues to wane, a new competitor has emerged as a serious threat to its market share. What’s happening? In 2024, Chinese tech giant Xiaomi jumped into the EV space by launching its SU7 sedan. As The Motley Fool reported, Xiaomi’s first year of selling EVs couldn’t have…
Photo Credit: Getty Images An initiative from Amazon founder Jeff Bezos is funding a number of programs that are attempting to “harness” artificial intelligence to benefit climate and nature-based causes. In a news release, the Bezos Earth Fund announced that it will spend $30 million on new investments, “supporting innovations that range from decoding the…
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Bill Gates and Warren Buffett ushered in a new Gilded Era of philanthropic giving, likened in influence to the Rockefellers and Carnegies. But charity work is about to look very different as higher taxes are threatened on liberal institutions, and new methods of giving are popularized by women mega-donors. MacKenzie Scott has become a pioneer…
WASHINGTON — President Donald Trump will host leaders of five Central Asian countries at the White House on Thursday as he intensifies his hunt for rare earth metals needed for high-tech devices, including smartphones, electric vehicles and fighter jets. Trump and the officials from Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan are holding an evening summit…
Following days of talks and negotiations, semiconductor maker Nexperia is now saying it has no clarity “if and when” it will resume delivering the crucial chips (or what the quality would be). The details: As China and the Netherlands continue to battle over control of Nexperia, tensions between the two countries intensified Tuesday, reports Reuters….