ASML’s big bet on China is starting to backfire over data thefts
In the 10 years that Peter Wennink has run ASML Holding NV, China has gone from a rounding error to the chip-technology company’s third-biggest market.…
EU weighs new powers to hit those helping Russia evade sanctions
A group of European Union member states is pushing for the bloc to ramp up its ability to hit back against those helping Russia circumvent…
EU hits Iran with more sanctions over protests crackdown
European Union member states agreed to impose more sanctions on Iran over its crackdown on protesters, according to a European Council statement.
Taiwan export order fall lessened by rebound in phone demand
Taiwan’s export orders declined less than forecast last month as the post-Covid reopening of Chinese factories sparked a rebound in demand for smartphones.
Top Chinese scientists sketch out plans to thwart US chip curbs
Key members of China’s most influential scientific body have outlined the country’s plan to circumvent US chip sanctions for the first time, codifying Beijing’s view…
G-7 and EU looking at ways to track and trace Russian diamonds
Group of Seven nations and the European Union are discussing ways to track Russian diamonds across borders, a move that could pave the way for…
Northern Ireland enjoys a Brexit dividend — but for how long?
UK Premier Rishi Sunak appears close to a deal with the EU to end the wrangling over the region’s unique trading arrangements.
US plans new Russia export controls, sanctions on key industries
President Joe Biden’s administration is planning to impose new export controls and a fresh round of sanctions on Russia, targeting key industries a year after…
China’s Baowu seeks deeper ties with Rio Tinto on iron ore trade
China Baowu Steel Group Corp., the world’s biggest steelmaker, will seek closer ties with iron ore miner Rio Tinto as China’s demand for the raw…
Cash crisis hits Nigeria cocoa exports in fresh blow to world supply
Nigeria’s cocoa exports are coming under threat from a shortfall of cash to pay laborers and transporters, further straining global supply.
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