Rolling, live coverage of business, economics and financial markets. 08:43 Shares in London-listed drug company Indivior have risen by 7% on Monday after it said it will pay a $385m settlement of lawsuits claiming…
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China restricts graphite exports
For some reason US politicians did not think about that one China has unveiled plans to restrict exports of graphite — a mineral crucial to the manufacture of batteries for electric vehicles (EVs) — …
Update: Mach Natural Resources Releases Terms for Imminent IPO
Investors looking to pump more oil and gas profits into their energy portfolio have a new home-grown deal to weigh up. Oklahoma City-based Mach Natural Resources has disclosed pricing terms for its …
Oil prices drop as aid arrives in Gaza; major Apple supplier faces China tax probe – business live
Rolling, live coverage of business, economics and financial markets
BUSINESS LIVE: Vistry plots restructuring; Foxconn faces China probe; Keller eyes record year
The FTSE 100 will open at 8am. Among the companies with reports and trading updates today are Vistry, Keller and Upland Resources. Read the Monday 23 October Business Live blog below.
U.S. chip export ban is ‘great news,’ says partner at Chinese tech investment fund
The U.S. Department of Commerce will prevent the sale of some advanced AI chips to China, a move welcomed by a partner at a Chinese investment fund.
Syrah Resources (ASX: SYR) up 44% – that China license on graphite exports
Syrah Resources (ASX: SYR) shares are up 44%. SYR shares have jumped in reaction to the Chinse licenses on exports of graphite. It’s not so much that China is the world’s major producer, it’s that…
The 2nd-biggest beer producer in China said it’s probing a viral video that appears to show a man peeing into a container of ingredients
The video appears to show a man in a worker’s hardhat and uniform climbing into an ingredient container before urinating inside.
Top Lao, Chinese leaders hold talks, witness signing of cooperation deals
Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee and Chinese president, met with Thongloun Sisoulith, secretary general of the Lao People’s Revolutionary Party …
Billionaire Terry Gou’s Foxconn Under Investigation, Says China State Media
Terry Gou, the founder of Foxconn, formally known as Hon Hai Precision, announced in August that he would run in Taiwan’s presidential elections next year as an independent candidate. He resigned from Foxconn’s board the…
Comments on China’s export permit move for some graphite products
China will require export permits for some graphite products to protect national security, its commerce ministry said on Friday, in its latest move to control supplies of critical minerals in response …
Ron DeSantis’ PAC Targets Nikki Haley Over China Ties In New Ad: ‘More Lies And Hypocrisy’
A political action committee (PAC) supporting the presidential campaign of Florida Governor Ron DeSantis launched a TV ad targeting former U.S. Ambassador to the U.N and presidential candidate Nikki Haley over her connections with Chinese…
Alibaba promises major discounts ahead of China’s ‘Singles Day’ shopping event
E-commerce giant Alibaba Group said it will be offering huge discounts as it gears up for its annual Singles Day shopping extravaganza – an indication that Chinese consumer confidence remains at a low …
