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1. CNN: Scientists discover new species of dinosaur 2. Reuters: China unveils new trade partnership with US 3. The Guardian: US and China forge new trade deal 4. BBC: Scientists uncover previously unknown species of dinosaur 5. ABC News: US and China agree to historic trade pact 6. Wall Street Journal: US and China sign landmark trade deal 7. The New York Times: US strikes new trade deal with China 8. Bloomberg: China and US sign new trade agreement 9. CNBC: Scientists find new species of dinosaur 10. Fox News: China and US ink new trade pact
ASML new bookings miss forecast, but China sales hold up
AMSTERDAM (Reuters) -ASML, the largest supplier of equipment to computer chip makers, reported weaker than expected first-quarter new bookings on Wednesday, although sales to China held up despite U.S.-led restrictions on what it can export. ASML kept its full-year financial forecasts unchanged, with sales seen flat from last year's 27.6 billion euros ($29.3 billion), although it is gearing up for strong growth in 2025. Sales of ASML's lithography systems to customers in China made up a record 49% of the total in the first quarter, or around 2 billion euros, the company said in an investor presentation published alongside the earnings.
At Chinese trade fair, exporters despair their goods are 'as cheap as cabbage'
Wu Huazhan's Chinese television factory used to impose minimum orders to manage production efficiently. Foshan Top Winning Import & Export's profit margin has dropped to a wafer-thin 0.5% from 2% some 3-4 years ago, according to Wu, a co-owner of the Guangdong-based factory and one of the many exporters fretting about business prospects at China's biggest trade fair in the southern city of Guangzhou. A sharp contraction in Chinese exports for March in dollar terms despite growth in volumes and data showing producer prices extending a year-and-a-half-long decline have tempered hopes that China is on its way to finding sustained post-pandemic growth.
Baystreet.ca - What Happens After China Worries Sink Intel and AMD
China’s export market worsened after the country reported a decrease. Exports fell by 7.5% Y/Y in March by value. Imports increased by 1.5%. The weekend before, the Treasury Secretary visited the country. After bringing up China’s unfair trade practices ...
The International Arms Trafficking Conspiracy: The Case of Mohamad Deiry and Samer Rayya - Regtechtimes
In a significant development in the fight against international arms trafficking, an indictment was recently unsealed against Mohamad Deiry and Samer Rayya, both principals of an Iraq-based arms company, Black Shield Ltd. The charges, which include conspiring to export munitions from the United States to Sudan and Iraq without the necessary licenses and approvals, highlight the ongoing challenges in regulating the global arms trade. This case is particularly important as it underscores the international nature of arms trafficking and the need for robust enforcement of export controls.
Dollar higher at five-month high | Food Business News
Recap for October 7 Wheat futures were mixed Thursday, with winter wheat mostly lower on concerns US exporters will struggle to compete with overseas suppliers, but a shortage of high-protein hard red spring wheat boosted spring wheat futures. Corn futures hit a one-week low in early trading before bouncing back to end slightly higher on the day as investors squared positions ahead of next week’s updated harvest forecast from the US Department of Agriculture. Signals of good export demand for US soybeans sent soybean and . . .
Kinder Morgan meets profit estimates, sees new demand from AI operations
(Reuters) -Pipeline and terminal operator Kinder Morgan on Wednesday reaffirmed its annual profit outlook and said it expects demand for natural gas to grow substantially between now and 2030. The company, which operates about 79,000 miles of pipelines, said it is banking on growth in electric demand primarily driven by demand from new and expanding data centers, especially those required to support AI. Houston, Texas-based Kinder Morgan had said in January it continues to have a bullish outlook for natural gas demand due to demand from LNG export facilities and increased exports from Mexico.
Untested Waters: Dalal Street Sees Companies Without Peers Encash The Bull Run
The great IPO bull run of FY24 has brought in many interesting companies into the equity fold — be it buffalo meat exporters, fish-paste makers, cryogenic equipment manufacturers, drone companies and more such. As many as 14 companies, including Ideaforge, Zaggle Prepaid, Honasa Consumer, which debuted last financial year, had no listed peers. That's around a fifth of the 76 companies that listed on the bourses in FY24.