Micron products barred from China in patent spat

Micron added the injunction will hurt its current fiscal fourth quarter revenue by "approximately" 1%, but the chipmaker continues to expect sales to be within the previously guided range of $8 billion to $8.4 billion U.S. Taiwan's United Microelec... More..

by | Published 12 days ago
HNA chairman Wang Jian died falling off wall in France
by | Saturday, July 07, 2018

HNA chairman Wang Jian died falling off wall in France

HNA Group Co, the once-acquisitive Chinese conglomerate, said that its co-chairman Wang Jian died after an accident on Tuesday (July 3) in France. "HNA Group extends deepest condolences to Mr. HNA said a y...More..

Iran tells Trump: stop tweeting, it's driving up oil prices
by | Saturday, July 07, 2018

Iran tells Trump: stop tweeting, it's driving up oil prices

Lately, drop in USA inventories for the straight second week and a threat from Iranian commander also helped prices to surge. If anything, they are driving prices higher as the USA defends many of their mem...More..

Micron says not been served with preliminary injunction
by | Saturday, July 07, 2018

Micron says not been served with preliminary injunction

UMC filed its complaint against Micron in January, saying the US firm had infringed on three of its patents covering its SSD, graphics memory card and DDR4 SDRAM products. As evidence, Micron cited the use of...More..

HNA Group Co-Chairman Dies in Accident
by | Saturday, July 07, 2018

HNA Group Co-Chairman Dies in Accident

Local French media reported that a Chinese tourist the same age as Wang died while trying to take a photo on some steps near a church. Authorities in France have confirmed Mr Wang's death is not being treat...More..

Iranian President No One Will Benefit From U.S. Nuclear-Deal Exit
by | Thursday, July 05, 2018

Iranian President No One Will Benefit From U.S. Nuclear-Deal Exit

When asked at a news conference in Bern later on Tuesday whether those comments constituted a threat to interfere with the shipping of neighboring countries, Rouhani said: "Assuming that Iran could become the o...More..

USA and China battle it out through travel warnings
by | Thursday, July 05, 2018

USA and China battle it out through travel warnings

The United States has listed another 284 product lines valued at $16 billion that it will target with tariffs, including semiconductors and a broad range of electronics. This hegemonic mentality is unsafe for t...More..

Mexico's victor reaches out to Trump, seeks NAFTA deal
by | Thursday, July 05, 2018

Mexico's victor reaches out to Trump, seeks NAFTA deal

The two leaders spoke on the phone for 30 minutes on Monday with Trump saying they discussed topics including border security, trade and the North American Free Trade Agreement (NAFTA) adding "I think the rel...More..

by | Wednesday, July 04, 2018

Iran announces plan to circumvent USA oil sanctions

To make up for potential shortfalls in supply from Iran sanctions as well as other disruptions including Libya and Venezuela, the Organization of the Petroleum Exporting Countries (OPEC) has agreed with Russian...More..

Donald Trump, Saudi king discuss oil markets, no mention of production plans
by | Wednesday, July 04, 2018

Donald Trump, Saudi king discuss oil markets, no mention of production plans

Japan and many other countries slashed their imports of Iranian crude oil, forcing Iran to sit at the negotiation table over its nuclear program and eventually leading to the nuclear deal three years ago. It ...More..

Walmart boycott campaign launched after outcry over ‘Impeach 45’ clothing
by | Wednesday, July 04, 2018

Walmart boycott campaign launched after outcry over ‘Impeach 45’ clothing

Walmart has gotten in trouble before for its lack of oversight on its online platform. Late last night, Ryan Fournier , the chairman of the political group Students For Trump , tweeted about the shirt (tha...More..

How India Can Cope With Cut In Iran Oil Imports
by | Wednesday, July 04, 2018

How India Can Cope With Cut In Iran Oil Imports

However, the United States' latest demand for an oil import embargo has not won understanding and support from the countries concerned. As Guyana inches towards a 2020 commencement of the exploitation of what...More..

Canada retaliates, starts tariffs against the US
by | Wednesday, July 04, 2018

Canada retaliates, starts tariffs against the US

The economist tapped by Lopez Obrador to lead Nafta talks if he wins said on June 26 that he hopes a deal can be reached "within a couple of months". " We've been very nice to Canada for many years and they'v...More..

Pizza to toilet paper: The items targeted by Canada’s tariffs
by | Wednesday, July 04, 2018

Pizza to toilet paper: The items targeted by Canada’s tariffs

Gomez, who said he has campaigned with Lopez Obrador, will be advising the president to use the U.S. government's security interests as leverage in the ongoing trade talks with U.S. Prime Minister Justin Trude...More..

Philadelphia 76ers to meet with reps for LeBron James
by | Tuesday, July 03, 2018

Philadelphia 76ers to meet with reps for LeBron James

The NBA star, one of the most coveted free agents in years, just signed a staggering $154 million (£117.1 million) deal over four years to play for the Los Angeles , California-based team. As the officia...More..

Tesla has met its Model 3 production goals
by | Tuesday, July 03, 2018

Tesla has met its Model 3 production goals

Just last week, Tesla invited all Model 3 reservation holders in the United States and Canada to configure their vehicle and put in their order, a step that costs another $US2,500. Tesla also reiterated guid...More..

Saudi king agreed to raise oil output up to 2m barrels
by | Tuesday, July 03, 2018

Saudi king agreed to raise oil output up to 2m barrels

The production output comes against the backdrop of renewed United States sanctions against Iran and growing turmoil in Venezuela, which could take 2 million bpd off the market. Imports from Iran, which now...More..

Trump asks Saudis to up oil output to lower prices
by | Monday, July 02, 2018

Trump asks Saudis to up oil output to lower prices

Al Jazeera's Rosiland Jordan, reporting from Washington , DC, said "it is not unusual" for the White House to put pressure on OPEC members to increase oil output "mainly because the United States president i...More..

Threats from USA put new pressure on Iranian oil importers
by | Sunday, July 01, 2018

Threats from USA put new pressure on Iranian oil importers

If Iranian oil is shut out of the market due to US sanctions, the price of crude oil will increase, which could deal a serious blow to corporate activities and household budgets. This comes right after Saudi Ar...More..

Anonymous man buys $1 million worth of Toys 'R' Us inventory
by | Sunday, July 01, 2018

Anonymous man buys $1 million worth of Toys 'R' Us inventory

Numerous employees losing their jobs have worked for the company for decades. In the UK, Toys R Us shut its final locations in April, but watching the animal waving goodbye really marks an end of an era. KB T...More..