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TAINAN, Taiwan, Dec 29 (Reuters) – Chipmaker Taiwan Semiconductor Manufacturing Company Ltd (TSMC)(2330.TW), began mass production of its most advanced chips in southern Taiwan on Thursday and the company’s chairman said it would continue to expand capacity on the island. The long-awaited mass production of chips with 3-nanometre technology comes as attention focuses on the … Read more
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German, Chinese and S.Koreans head to Hungary They dominate auto investment and subsidies Orban’s Hungary keen to court foreign business BERLIN/BUDAPEST, Dec 13 (Reuters) – German automakers and Asian battery suppliers are getting together in Hungary in a multi-billion-dollar marriage of convenience to drive their electric ambitions. The companies are flocking to central Europe, where … Read more
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OTTAWA, Nov 2 (Reuters) – Canada’s government ordered three Chinese firms on Wednesday to divest their investments in Canadian critical minerals companies on grounds of national security. The three firms ordered to divest their investments are Sinomine (Hong Kong) Rare Metals Resources Co Ltd, Chengze Lithium International Ltd, also based in Hong Kong, and Zangge … Read more
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Oct 20 (Reuters) – Biden Administration officials are discussing whether the United States should subject some of Elon Musk’s ventures to national review including the deal for Twitter Inc (TWTR.N) and SpaceX’s Starlink satellite network, Bloomberg News reported on Thursday, citing people familiar with the matter. The SpaceX chief in recent times has taken to … Read more
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MOSCOW/HOUSTON, Oct 7 (Reuters) – Russian President Vladimir Putin signed a decree on Friday that establishes a new operator for the Exxon Mobil Corp-led (XOM.N) Sakhalin-1 oil and gas project in Russia’s Far East. Putin’s move affecting Exxon’s largest investment in Russia mimics a strategy he used to seize control of other energy properties in … Read more
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A man listens to music as he waits for his train at Churchgate railway station in Mumbai December 5, 2012. REUTERS/Navesh Chitrakar Register now for FREE unlimited access to Reuters.com Register NEW DELHI, Sept 9 (Reuters) – Tencent-backed Indian music streaming app Gaana has switched to a paid subscription model to avoid closing down after … Read more
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Garment workers cut fabric to make shirts at a textile factory of Texport Industries in Hindupur town in the southern state of Andhra Pradesh, India, February 9, 2022. REUTERS/Samuel Rajkumar Register now for FREE unlimited access to Reuters.com Register BENGALURU, Aug 29 (Reuters) – India likely recorded strong double-digit economic growth in the last quarter … Read more
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NEW YORK, Aug 15 (Reuters) – Several major Wall Street banks have begun offering to facilitate trades in Russian debt in recent days, according to bank documents seen by Reuters, giving investors another chance to dispose of assets widely seen in the West as toxic. Most U.S. and European banks had pulled back from the … Read more
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A woman wearing a protective mask is seen at a fish market amid the coronavirus disease (COVID-19) outbreak continues in Seoul, South Korea April 5, 2020 REUTERS/Kim Hong-Ji Register now for FREE unlimited access to Reuters.com Register June inflation at highest since 1990s Asia financial crisis Foreign exchange reserves fall in June by most since … Read more
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ADDIS ABABA, June 14 (Reuters) – Ethiopia’s Prime Minister Abiy Ahmed said on Tuesday the federal government had formed a committee to negotiate with forces from the rebellious northern region of Tigray, in the first public confirmation of a key step towards peace negotations. The nearly two-year conflict in Ethiopia, Africa’s second-most populous nation, has … Read more