As the US looks to impose new restrictions on China’s chips, turmoil looms in global markets

Any US export block may affect global chip supply analysts This move will hinder Samsung and SK Hynix from upgrading China factories Samsung and SK Hynix together provide more than 50% of global NAND chips Constraints could change as future chip factories are built – Analyst SEOUL (Reuters) – Export restrictions Washington is considering to … Read more

Pelosi arrives in Taiwan and pledges American commitment. China’s wrath

Pelosi: The world faces a choice between authoritarianism and democracy Chinese warplanes fly over the dividing line of the Taiwan Strait China’s angry plans for “targeted military operations” The White House does not want a crisis TAIPEI (Reuters) – U.S. House of Representatives Speaker Nancy Pelosi arrived in Taiwan late on Tuesday on a trip … Read more

The governor of Sevastopol said that Ukraine is attacking the headquarters of the Russian Black Sea Fleet

Ukraine bombs a Russian base on the Black Sea, according to the governor Zelensky says the grain harvest may be halved because of the war Zelensky orders the evacuation of Donetsk Dozens of prisoners of war were killed in a strike at a separatist-controlled prison Odessa, Ukraine (Reuters) – Ukrainian forces bombed the headquarters of … Read more

Ukraine says dozens of Russians have been killed in southern fighting

Kyiv says more than 100 Russian soldiers were killed on Friday Ukraine says railways to Kherson via Dnipro have been cut British intelligence chief says Russia ‘losing momentum’ Russia publishes a list of dead and wounded Ukrainian prisoners of war Kyiv (Reuters) – Ukraine’s military said on Saturday it had killed dozens of Russian soldiers … Read more

Russia and Ukraine blame dozens of deaths for the destruction of Donetsk prison

Dueling accounts refer to a missile strike or an explosion The death toll has risen to 53, according to a separatist spokesman Lavrov says Russia will achieve all its goals in Ukraine Western arms supplies to Ukraine delay conflict – Lavrov Odessa, Ukraine/Kyiv, July 29 (Reuters) – Dozens of Ukrainian prisoners of war appear to … Read more

A tight US labor market continues to put upward pressure on wages; Inflation with rising temperatures

A welder works during the construction of a bus frame at the BYD electric bus plant in Lancaster, California, US, July 1, 2021. REUTERS/Mike Blake Register now to get free unlimited access to Register The employment cost index rose 1.3% in the second quarter Wages and salaries increased by 1.4%; 5.3% increase year over … Read more

Biden begins his fifth call with the Chinese president, as he looks to de-escalate tensions in Taiwan

WASHINGTON (Reuters) – U.S. President Joe Biden and Chinese President Xi Jinping began their fifth call as leaders on Thursday, as concerns mounted over a possible visit to Taiwan demanded by China, U.S. House of Representatives Speaker Nancy Pelosi. The White House said the call began at 8:33 a.m. (1233 GMT) and US officials said … Read more

Russia-occupied Kherson cut off due to Ukraine counter-attacks – Britain

Ukraine’s counter-offensive in Kherson is gaining momentum – UK Ukraine says Russia is conducting “large-scale redeployment” in the south Russian-backed forces take control of the Vohlhersk plant Blinkin says he plans to make a call with Russian Lavrov (Reuters) – British defense and intelligence officials said on Thursday that a Ukrainian counterattack had effectively cut … Read more

Russia tells that NASA’s space station withdrawal is less imminent than previously reported

The International Space Station (ISS) is photographed by the Expedition 56 crew of the Soyuz spacecraft after dismantling, October 4, 2018. NASA/Roscosmos/Handout via REUTERS/File Photo Register now to get free unlimited access to Register A senior NASA official told Reuters on Wednesday that Russian space officials have told their American counterparts that Moscow wants … Read more

Microsoft is allaying market concerns by anticipating strong revenue growth

The Microsoft logo appears in Los Angeles, California, US, November 7, 2017. REUTERS/Lucy Nicholson Register now to get free unlimited access to Register July 26 (Reuters) – Microsoft Corporation (MSFT.O) On Tuesday, it forecast revenue this fiscal year to grow by double digits, driven by demand for cloud computing services and sending stocks up … Read more