business

Biden supply chain ‘strike force’ to target China on trade

The United States will target China with a new "strike force" to combat unfair trade practices, the Biden administration said…

4 years ago

Palihapitiya’s $16 mln bet on Clover worth $682 mln on Reddit rally

Serial dealmaker Chamath Palihapitiya's $16 million investment in the special purpose acquisition company (SPAC) that took Clover Health Investments Corp…

4 years ago

Wall Street grapples with new SPAC equity contracts after regulator crackdown

Wall Street accountants and lawyers are trying to figure out new equity agreements to lure investors back to the blank-check…

4 years ago

G7 countries devise way to catch Amazon in tax net -sources

G7 states have found a way to include Amazon, one of the world's biggest companies, on a list of 100…

4 years ago

U.S. IRS chief asks Congress for authority to collect cryptocurrency transfer data

U.S. Internal Revenue Service Commissioner Charles Rettig said on Tuesday that Congress needs to provide clear statutory authority for the…

4 years ago

EXCLUSIVE Apple, Chinese manufacturers in talks on U.S. car battery factory -sources

Apple Inc (AAPL.O) is in early-stage talks with China’s CATL (300750.SZ) and BYD (002594.SZ), about the supply of batteries for…

4 years ago

U.S. to work with allies to secure electric vehicle metals

The United States must work with allies to secure the minerals needed for electric vehicle batteries and process them domestically…

4 years ago

One password allowed hackers to disrupt Colonial Pipeline, CEO tells senators

The head of Colonial Pipeline told U.S. senators on Tuesday that hackers who launched last month’s cyber attack against the…

4 years ago

Stocks touch new highs as volatility eases, dollar gains

A global equity benchmark and two key European stock indexes touched new highs on Tuesday, while the dollar rose in…

4 years ago

Samsung bets on Europe 5G orders to grow network equipment business

Samsung Electronics (005930.KS) is banking on Europe to maintain growth momentum in its network equipment business, a senior executive said,…

4 years ago