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Opec+ further hikes oil output
The expected output increase by Opec+’s Voluntary Eight aims to boost their share of the global oil market. (EPA Images…
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Apad suspends Aeroline express bus services for 1 month
The operator of the Aeroline express bus had been warned to relocate its service operations to approved terminals but had…
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Nexperia’s China unit says it has ‘sufficient inventories’ after Dutch parent’s supply suspension
Exterior view of the building that houses Nexperia’s headquarters in Nijmegen, the Netherlands. (EPA Images pic) BEIJING: Dutch chipmaker Nexperia’s…
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OPEC+ looks set to further hike oil output
The eight OPEC+ countries have already increased production by around 2.7 million barrels per day in total. (Reuters pic) LONDON:…
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China to exempt some Nexperia chips from export ban
Nexperia supplies 49% of the electronic components used in the European automotive industry. (EPA Images pic) BEIJING: China said on…
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China made a ‘mistake’ with rare-earth controls, says Bessent
US treasury secretary Scott Bessent told the Financial Times that China would not be able to pull the same move…
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Air traffic control absences surge, hitting almost half of major US airports
More than 5,600 flights were delayed on Friday and 500 were canceled, according to FlightAware, a flight tracking website. (EPA…
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South Korea’s Lee hopes to tackle AI, demographic issues at Apec summit
Nvidia founder and CEO Jensen Huang shakes hands with South Korean President Lee Jae Myung during their meeting on the…
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US to announce that Nexperia’s Chinese facilities will resume shipments
Nexperia produces large volumes of semiconductors in the Netherlands that are widely used in autos and consumer electronics. (EPA Images…
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Wall Street gains on Amazon boost but rate caution tempers enthusiasm
The S&P 500, the Nasdaq Composite and the Dow boasted weekly gains and their longest monthly winning streaks in years.…
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