Business

Semiconductor chips are seen on a printed circuit board in this illustration picture taken Feb. 17, 2023. BEIJING (Reuters) — Chinese companies should be wary of buying U.S. chips as they are “no longer safe” and buy locally instead, four of the country’s top industry associations…

Iranian flag with stock graph and an oil pump jack miniature model are seen in this illustration taken Oct. 9, 2023. DUBAI (Reuters) — A sophisticated fuel oil smuggling network that some experts believe generates at least $1 billion a year for Iran and its proxies has flourished in Iraq since Prim…

An aerial view shows a crude oil tanker at an oil terminal off Waidiao island in Zhoushan, Zhejiang province, China, Jan. 4, 2023. (Reuters) — Oil prices rose on Monday, supported by strong factory activity in China, the world’s second-largest oil consumer, and escalating tensions in the Midd…

A shopper walks past an advertisement for Black Friday sales displayed in a store window at Pentagon City in Arlington, Virginia, Nov. 27, 2024. (Reuters) — Black Friday spending in U.S. retail stores was muted this year in contrast to a more robust rise online, as bargain-hungry Americans skipped …

A drone picture shows trucks waiting in line to cross into the United States near the border customs control at the World Trade Bridge, in Nuevo Laredo, Mexico, Nov. 26, 2024. MEXICO CITY (Reuters) — Mexican President Claudia Sheinbaum said on Wednesday Mexico would retaliate if President-elect Don…

Customers shop at a Target store on the week of Black Friday shopping in Chicago, Illinois, Nov. 26, 2024. WASHINGTON (Reuters) — U.S. consumer spending increased solidly in October, suggesting that the economy maintained its strong pace of growth early in the fourth quarter, but progress lowering …

IT&E is excited to announce the expansion of its 5G coverage in the Northern Marianas and Guam, to include the launch of 5G services in Garapan and Susupe in Saipan, and the deployment of additional 5G sites in Guam to increase coverage to 70% of the island’s population. These milestones mark a…

BAKU (Reuters) — When COP29 President Mukhtar Babayev stepped to the podium at the closing meeting of the Baku climate summit on Sunday morning, hoping to clinch a hard-fought agreement on global climate finance, he carried with him two speeches. One was crafted around a hoped-for deal being struck…

Tesla CEO and X owner Elon Musk listens as President-elect Donald Trump speaks during a meeting with House Republicans at the Hyatt Regency hotel in Washington, D.C., on Nov. 13, 2024. (Reuters) — A federal judge on Friday rejected the U.S. Securities and Exchange Commission’s request to sanc…

Traders work on the floor at the New York Stock Exchange after Republican Donald Trump won the U.S. presidential election, in New York City, Nov. 6, 2024. (Reuters) — Global stocks eased on Thursday after AI bellwether Nvidia’s revenue growth forecast failed to excite investors, while the dol…