WASHINGTON (Reuters) -The United States is not interested in selling Nvidia’s advanced AI chip, known as the Blackwell, to China at this time, the White House said on Tuesday. (Reporting by Nandita Bose and Katharine Jackson; Editing by Doina Chiacu)
(Reuters) -Chinese autonomous-driving firm WeRide on Tuesday set the final offer price for its Hong Kong share sale at HK$27.10 per share, saying it expects to raise HK$2.39 billion ($307.69 million) from the listing. The Guangzhou-based company said it will offer about 88.3 million shares at HK$27.10 each and expects trading to begin on the …
China’s WeRide prices HK listing, seeks to raise $307.7 million Read More »
(Reuters) -Lingerie maker Victoria’s Secret’s major shareholder, BBRC International, on Tuesday called for the removal of Chair Donna James and requested a board seat for its founder Brett Blundy. Victoria’s Secret shares were down 1.5% in afternoon trading. The company said it was conducting a thorough review of Blundy’s director candidacy and other demands put …
Victoria’s Secret faces fresh pressure from Brett Blundy’s BBRC for board changes Read More »
By Helen Reid LONDON (Reuters) -French politicians are escalating their fight with Chinese online fast-fashion retailer Shein, threatening a ban over childlike sex dolls on its site, just as the company plans to open its first-ever permanent shop in Paris. After France’s consumer watchdog found sex dolls resembling children for sale on Shein’s platform, finance …
Shein’s fast-fashion fight in France goes up a gear with sex doll scandal Read More »
By Foo Yun Chee BRUSSELS (Reuters) -Hong Kong-listed mining and metals company MMG’s plan to buy Anglo American’s Brazilian nickel business could enable MMG to divert ferronickel from Europe and hurt European stainless steel production, EU antitrust regulators said on Tuesday. The warning from the European Commission, which acts as the EU competition enforcer, came …
MMG’s Anglo American deal may divert nickel from Europe, EU warns Read More »
By Eduardo Baptista, Toby Sterling and Gilles Guillaume BEIJING/AMSTERDAM/PARIS (Reuters) -The Chinese government slammed the Netherlands on Tuesday over its seizure of chipmaker Nexperia, blaming it for jamming up a resolution to a dispute that has disrupted auto sector supply chains, hit production and caused some firms to furlough staff. Nexperia, Chinese-owned but based in …
China cranks up pressure over Nexperia chips, European carmaker slams ‘zero autonomy’ Read More »
(Corrects name of news organization to the Fox Business Network instead of Fox Business News, fifth paragraph from bottom) By Michael Martina WASHINGTON (Reuters) -U.S. President Donald Trump began his second term by signaling that talks with China to stop a deadly flow of fentanyl were fruitless and instead slapped 20% tariffs on Chinese goods …
Trump tries old tactic with China on fentanyl – a new ‘working group’ Read More »
HONG KONG (Reuters) -Hong Kong authorities said on Tuesday they had frozen assets worth HK$2.75 billion ($354 million) linked to a criminal syndicate that local media reports identified as the Prince Group run by sanctioned Chinese-Cambodian tycoon Chen Zhi. Britain and the United States in October sanctioned the Southeast Asia-based multinational network, which is accused …
Hong Kong freezes $354 million of assets tied to Prince Group syndicate Read More »
By Rachel More BERLIN (Reuters) -Nexperia cannot say when deliveries of chips from its site in Dongguan, China will resume or vouch for their quality, according to a letter to customers facing supply crunches due to a fight for control over the Dutch semiconductor group. Chinese-owned Nexperia has become caught up in global trade tensions, …
BRUSSELS (Reuters) -EU and Chinese officials in a meeting last week have discussed how to maintain supply of rare earths on which Beijing imposed controls in April, including possible general licences, the European Commission said on Tuesday. The White House said on Saturday that China will issue general licences for export of rare earths, gallium, …
EU says it discussed rare earth supply stability with China, including general licences Read More »
