Tag Archives: counter

(Bloomberg) — China’s semiconductor industry is showing signs of flourishing even in the face of Biden administration efforts to counter its growth, raising alarm bells in Washington. Most Read from Bloomberg Chinese orders for chip-manufacturing equipment from overseas suppliers rose 58% in 2021, making it the biggest market for those products for a second year running, according to data provided by industry body Semi. While those figures appeared in April, the flood of machinery headed to… Source link

(Bloomberg) — Oil was stable amid signs that continued coronavirus lockdowns in China are weighing on the economy, countering bullish news that protests are shutting in supplies from Libya. Most Read from Bloomberg West Texas Intermediate traded just below $107 a barrel after rallying last week by the most since early March. China reported its biggest decline in consumer spending and worst unemployment rate since the first months of the pandemic, while Shanghai reported its first deaths from… Source link

A U.S. government agency created to counter Chinese infrastructure-fueled influence across the world is ramping up international vaccine distribution efforts, Yahoo Finance has learned. Coming on the heels of the U.S.-hosted COVID-19 summit, the U.S. International Development Finance Corporation (DFC) on Wednesday announced that it would be providing $383 million in financing to help nine countries secure vaccine doses. “The President is leading the world to elevate the world’s ambition to end… Source link

For this week’s “ETF Report” on Yahoo Finance, with host Alexis Christoforous, ETF Trends’ CIO and Director of Research, Dave Nadig, was on hand to go over what’s happening with the billion dollars flowing into ETFs targeting natural resources. As he explains, there’s a good reason why it’s become so popular for investors, and it’s related to inflation concerns. “I think a lot of folks are, at least, concerned about inflation,” Nadig says. “One of the ways people express… Source link

Google is launching new vaccine information panels in its search results to counter misinformation and educate people about what’s available in their location, the company announced today. The panels are rolling out starting in the United Kingdom, where the BioNTech/Pfizer vaccine is approved and is being administered, and will be introduced in more countries as local health authorities begin authorizing vaccines. The panels include information on each individual vaccine, and aim to… Source link