Tag Archive

FACTBOX-What’s in the EU Green Deal Industrial Plan?

By MediaIntel.Asia

European Commission President Ursula von der Leyen set out its Green Deal Industrial Plan on Wednesday, designed to ensure the European Union does not lose ground in the green tech race and can counter massive subsidies by the United States and China….

Anti-Asian hate ‘runs the gamut,’ racist Yelp reviews show

By MediaIntel.Asia

FILE- The Yelp app is seen on an iPad in Baltimore on March 19, 2018. There’s been a sharp increase in the number of hate-filled business reviews spotted by Yelp’s content moderators. (AP Photo/Patrick Semansky, File)
FILE- The Yelp app is seen on an …

Markets settle marginally higher ahead of Budget, US Fed’s rate decision

By MediaIntel.Asia

Equity benchmarks ended with marginal gains on Tuesday as investors adopted a cautious approach ahead of the Union Budget presentation and the US Federal Reserve’s interest rate decision.
Fag-end buying helped the 30-share BSE benchmark Sensex settle …

China lobbies Dutch to defend trade after chip curbs

By MediaIntel.Asia

FILE – the logo of ASML, a leading maker of semiconductor production equipment, hangs on the head office in Veldhoven, Netherlands, Monday, Jan. 30, 2023. China’s foreign minister appealed Tuesday, Jan. 31, 2023, to his Dutch counterpart to defend fre…

Dow Jones Futures Fall Ahead Of Fed Meeting; Caterpillar, Exxon, Pfizer Report Earnings

By MediaIntel.Asia

Dow Jones futures dropped Tuesday, heading into January’s final session. The Federal Reserve’s policy meeting kicks off today, followed by an interest rate policy decision on Wednesday. Meanwhile, Dow Jones stocks Caterpillar (CAT) and McDonald’s (MCD…

Apple Is Now Making AirPods Components in India

By MediaIntel.Asia

A U.S.-based Apple supplier has begun making components for AirPods in India, marking a significant step in the tech giant’s push to expand production in the country, reports Bloomberg.
According to the news outlet, the Indian unit of Florida-based el…

China accuses Washington of abusing export controls

By MediaIntel.Asia

FILE – Netherland’s Prime Minister Mark Rutte, left, speaks with U.S. President Joe Biden during a round table meeting at a NATO summit in Madrid, Spain, June 29, 2022. Biden is set to host Dutch Prime Minister Mark Rutte for talks. The U.S. administr…

Renault to lose 28% stake in Nissan in restructuring deal

By MediaIntel.Asia

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Members of the Renault-Nissan-Mitsubishi Motors alliance are expected to give final approval to a restructuring deal that would cut Renault’s ownership stakes within the longtime partnership. File photo by Keizo Mori/UPI | License Photo
Jan. …

China’s ‘reusable’ hypersonic missile interceptor inspired by MIT & NASA

By MediaIntel.Asia

When the assault is over, “the aircraft can then return to an airport and be prepared for its next mission,” claimed the researchers
The aircraft uses ground radar and early warning satellite systems that enable it to forecast the trajectory of approa…

TikTok To Cut Irish Recruitment Staff In Latest Tech Layoffs With Over 100 Jobs At Risk

By MediaIntel.Asia

Social media giant TikTok are set to cut their recruitment staff in their Dublin office in the latest blow to a tech sector that have seen massive layoffs.
The social network, which is based in China, confirmed that they’ve already begun cutting their…