Another blow to chip production in China. Japan and the Netherlands will limit exports

Another blow to chip production in China.  Japan and the Netherlands will limit exports

Japan and the Netherlands are likely to announce in the coming weeks that they will adopt at least some of the sweeping measures introduced by the US in October. At the time, President Joe Biden’s administration said its goal was to prevent Beijing’s military from acquiring advanced chips. An alliance between the United States, Japan … Read more

Taiwanese invest hundreds of billions in US, build second chip plant

Taiwanese invest hundreds of billions in US, build second chip plant

TSMC’s two Arizona factories are expected to create approximately 10,000 high-paying high-tech jobs, including 4,500 direct jobs for TSMC. Semiconductors are used in many electronic devices, from computers and smartphones to automobiles, microwave ovens and medical devices. During the covid-19 pandemic, it has become clear that the United States and other countries depend on Chinese … Read more

The biggest mistakes of European car manufacturers. What the first and only amphibious car looks like

The biggest mistakes of European car manufacturers.  What the first and only amphibious car looks like

Saturday 03 December 2022, 21:30 5255 reads European car manufacturers are responsible for some of the most beautiful and spectacular automobiles ever created. However, that doesn’t mean that everything they’ve done in terms of vehicles is also worthy of praise. “There are many examples where Europeans have failed miserably as car manufacturers,” according to an … Read more

US energy giant Chevron announces discovery of gas well near Arish

US energy giant Chevron announces discovery of gas well near Arish

The “MEES” website, which means oil and economic forecasts in the Middle East, has revealed that Chevron, the American gas and oil giant, has announced the discovery of a new gas well called “Narges-1 X”, in the offshore area of ​​Narges near Al-Arish. The Nargis well (in which Chevron operates 45%, Eni 45% and state-owned … Read more

A car powered by the sun is about to be produced. The Dutch Lightyear 0 costs six million

A car powered by the sun is about to be produced.  The Dutch Lightyear 0 costs six million

The Dutch company Lightyear has launched the world’s first series production of an electric car that receives energy directly from sunlight. The first Lightyear 0 model costs 250,000 euros (about 6.1 million kronor) and the company already has pre-orders for around 150 cars, Bloomberg wrote. It plans to produce a total of 946. Lightyear plans … Read more

Morocco, 22nd in the FIFA rankings, produced a third surprise at the World Cup in Qatar

Morocco, 22nd in the FIFA rankings, produced a third surprise at the World Cup in Qatar

Morocco, “the ambush in Africa”, produced another surprise at the 2022 FIFA World Cup in Qatar. Morocco, 22nd in the FIFA rankings, defeated Belgium, 2nd in the FIFA rankings, 2-0 in the second leg of the Group F group stage of the Qatar World Cup held at the Assumama Stadium in Doha, in Qatar, on … Read more

An urgent statement from the Energy Minister regarding reports circulating about the Kingdom discussing with OPEC Plus producers, increasing production by 500,000 barrels per day

An urgent statement from the Energy Minister regarding reports circulating about the Kingdom discussing with OPEC Plus producers, increasing production by 500,000 barrels per day

Al-Marsad Daily – SPA: Saudi Energy Minister Prince Abdulaziz bin Salman categorically denied recent reports that the kingdom is currently in discussions with other OPEC+ producers on an increase in production by 500,000 barrels per day. He added that it is known, and it is no secret to anyone, that OPEC+ does not discuss any … Read more

Producer prices in the Czech Republic continued to rise, with agriculture becoming the most expensive

Producer prices in the Czech Republic continued to rise, with agriculture becoming the most expensive

Producer prices in the Czech Republic continued to increase year-on-year in October, but growth moderated in industry, agriculture, construction and services. Agricultural producer prices rose once again more significantly by 27.1%. Compared to last year, producer prices in industry increased yoy by 24.1 percent, in construction by 12 percent and in market services to businesses … Read more

Business and sustainability: why the…

Business and sustainability: why the…

Most companies are committed to net zero emissions. But what about the relationship between long-term ambitions and concrete measures? The Capgemini Research Institute has investigated this question in a new study. We surveyed 2,004 managers in twelve countries of 668 companies with annual revenues of more than one billion US dollars across all sectors. The … Read more

Wow, the IMF brings bad news ahead of the G20 summit meeting in Bali

Wow, the IMF brings bad news ahead of the G20 summit meeting in Bali

Jakarta, CNBC Indonesia – Ahead of the G20 summit meeting in Bali, the International Monetary Fund (IMF) has again issued an unfavorable forecast. The bleak outlook for the global economy is getting worse. This was announced by the agency, which reflects on the worsening of the survey of purchasing managers in recent months, well below … Read more