TSMC to suspend production of advanced AI chips for China from Monday, FT reports
Taiwan Semiconductor Manufacturing Co (TSMC) has notified Chinese chip design companies that it is suspending production of their most advanced AI chips from Monday, the…
COP29 climate agenda clouded by trade tensions ahead of summit
China has put trade talks onto the proposed agenda for the COP29 summit, a U.N. document showed, raising the prospect that the issue could disrupt…
Steven Madden to cut sourcing from China on tariff worries under Trump
Steven Madden executives said on Thursday the company was working quickly to shift product sourcing out of China to other countries after Donald Trump's U.S.…
Trump unlikely to impose full tariff plan - S&P Global
U.S. President Donald Trump's pledge to impose a universal 10% tariff on imports and 60% on Chinese goods is likely only a starting point for…
Taiwan will help companies move from China given likely Trump tariffs
Taiwan will help companies relocate production from China given the likely large impact from tariffs that incoming U.S. President Donald Trump has promised to impose…
Holiday spending still on track for steady growth amid ‘mixed signals’ in recent jobs and GDP data
The National Retail Federation still expects steady sales growth for the winter holiday season despite contradictions in the latest economic indicators, NRF Chief Economist Jack…
German exports and industrial output fall more than expected
German exports and industrial output fell more than expected in September, showing the weakness of two of the pillars of the German economic model at…
Trade barriers create financial risks, ECB’s Knot says
Increasing geopolitical tensions and rising trade barriers create economic risks and make it harder to counter new shocks to the international financial system, European Central…
Audi unveils new EV brand in China without four ring logo
Audi on Thursday unveiled a new electric vehicle brand in China whose cars will sport just the name AUDI and not its signature four-ring logo,…
Nippon Steel seeks to close US Steel deal before Trump returns to White House
Japan's Nippon Steel hopes to close its $15 billion deal to buy US Steel by year-end before Republican Donald Trump retakes the White House in…
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