Cryptocurrency mining has always led to a resource drain, particularly in power, water, and land. Crypto miners are now buying AMD Ryzen CPUs in bulk, resulting …
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FOCUS-As trade with China booms, some Russian companies are flourishing
Business at Nikita Minenkov’s logistics company, based near the Amur River that marks the border between Russia and China, was going well. Since Moscow’s invasion of Ukraine it’s gone even better – …
Yellen says US aims to ensure domestic EV maker success as China boosts exports
U.S. Treasury Secretary Janet Yellen on Wednesday said President Joe Biden’s administration is taking steps to ensure success of the domestic electric vehicle (EV) industry in the face of China’s …
Joe Biden’s latest budge proposal calls for a 30% tax on crypto mining
U.S. President Joe Biden is pitching a variety of crypto related taxes and regulations, which he says could generate almost $10 billion next year.
Yellen says US moving to ensure domestic EV maker success despite China’s exports
U.S. Treasury Secretary Janet Yellen on Wednesday said the Biden administration was taking steps to ensure the success of its domestic electric vehicle industry in the face of China’s growing exports …
Wing Yip Food Barely Grows As It Files For U.S. IPO
Wing Yip’s revenue growth has been slow and its financial metrics have produced uneven results. Read more to see my analysis on WYHG IPO.
AI is an important engine for ‘new productive forces’, China’s Li says
China’s premier called artificial intelligence an important engine for the “new productive forces”, state television CCTV said on Wednesday.
Now Lawyers Are Suffering From China’s Deal Slump
Jerome Powell Reveals Hidden Reason for Persistent High Inflation: Increasingly Uninsurable Economy …
China Condemns U.S. Proposal to Force the Sale of TikTok
The foreign ministry accused Washington of “resorting to hegemonic moves” ahead of House vote on a bill aimed at ByteDance, TikTok’s Chinese parent company.
Geely-Backed Meizu Taps Banks for IPO at $2 Billion Value
DreamSmart Group, the smartphone maker that last year pivoted toward developing artificial intelligence for mobile devices, has selected banks to prepare for its Hong Kong initial public offering that …
China’s top copper smelters agree to production cut amid raw material tightness, sources say
Chinese top copper smelters agreed in a meeting on Wednesday to cut production at some loss-making plants to cope with a shortage of raw material, two sources close to the matter said.
Is China falling out of love with Apple and Tesla?
China is Apple and Tesla’s largest market outside the US. But the American giants have reasons to worry, as the Communist nation shifts to local brands. Chinese consumers are ditching the iPhone for h …
As trade with China booms, some Russian companies are flourishing
Business at Nikita Minenkov’s logistics company, based near the Amur River that marks the border between Russia and China, was going well. Since Moscow’s invasion of Ukraine it’s gone even better – …