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China’s Firms Reportedly Go Underground on Russia Payments to Avoid US Sanctions

China’s Firms Reportedly Go Underground on Russia Payments to Avoid US Sanctions

Chinese firms operating in the Russian market are looking for alternate ways to facilitate trade with its northern neighbor, as they can no longer rely on large banks to finance such transactions.


Samsung Reports Strong Q1 Profit as Memory Chip Sector Recovers

Samsung Electronics' first-quarter operating profit was 10 times greater than the year before as its flagship memory chip division improved.

HSBC CEO Noel Quinn Unexpectedly Steps Down After 5 Years in Role

HSBC announced on Tuesday that Chief Executive Noel Quinn will resign, an unexpected exit for the bank's hard-nosed boss of five years who has overseen a massive number of asset sales throughout the world.

US Wants Improved Safety Tech on New Cars and Trucks by 2029 to Prevent Pedestrian Fatalities

The Biden administration wants all new cars and trucks to have automated emergency braking by 2029. (Photo : Mark Chan on Unsplash) The Biden administration is aiming to include automatic emergency braking technology into all new vehicles and trucks by 2029 as part of their pedestrian-collision avoidance systems.


Latest News

FCC Penalizes the US’ Largest Wireless Carriers for Sharing User Location Without Consent
The FCC fined the top US wireless providers over $200 million for sharing consumers' real-time location data without consent.
Anti-Semitism Symposium Held Ahead Of International Holocaust Remembrance Day
Elon Musk stated that any company not investing in AI will not remain competitive. KRAKOW, POLAND - JANUARY 22: SpaceX, X (formerly known as Twitter), and Tesla CEO Elon Musk speaks during live interview with Ben Shapiro at the symposium on fighting antisemitism on January 22, 2024 in Krakow, Poland.
Australia's low-cost airline Bonza suspended all flights on Tuesday, April 30, to assess its business plan.
KFC Malaysia
The decision comes amidst escalating pressure from local boycotts stemming from the chain's perceived links to Israel.
Former President Donald Trump's Hush Money Trial Continues In New York
Former President Donald Trump has defended his decision to retain ownership of his businesses if re-elected.
Ground beef
In US stores where influenza from birds has been discovered in dairy cows, the federal authorities is requesting ground beef samples for testing.
Day 1 - Mobile World Congress 2022
EV startup Fisker Inc. has initiated another round of layoffs in an effort to conserve cash. BARCELONA, SPAIN - FEBRUARY 28: A logo sits illuminated outside the Fisker booth at the SK telecom booth on day 1 of the GSMA Mobile World Congress on February 28, 2022 in Barcelona, Spain.
GERMANY-US-INTERNET-GOOGLE-COMMUNICATION
Google has conducted layoffs affecting teams working on projects like Flutter, Dart, and Python. This illustration photograph taken on December 22, 2023, shows the logo of US multinational technology and Internet-related services company Google displayed on a smartphone's screen, in Frankfurt am Main, western Germany.
US-FILM-PARAMOUNT
Paramount Global CEO Bob Bakish has announced his departure from the company. The Paramount logo is displayed at Columbia Square along Sunset Blvd in Hollywood, California on March 9, 2023.
Ramsey Gouda and Mark Hahs, Founders of KarChing
KarChing founders Ramsey Gouda and Mark Hahs have crafted a solution that transforms driver's education and insurance accessibility for teens and their parents.