U.S. slaps restrictions on Chinese language chipmaker, different corporations over nationwide safety

Army automobiles carrying DF-5B intercontinental ballistic missiles take part in a navy parade at Tiananmen Sq. in Beijing on October 1, 2019, to mark the seventieth anniversary of the founding…

Tech executives sign spending in 2023 even amid mass layoffs

FAANG shares displayed on the Nasdaq. Adam Jeffery | CNBC Because the potential for a recession and a decline in shopper spending grows, firms throughout sectors are signaling that they’re…

China reopening, economic system in focus

Fri, Dec 9 20229:45 AM EST Blue chips are trying like a very good funding however you’ve obtained to watch out, economist says Rob Buckland, international chief economist at Citi,…

Tech layoffs in Southeast Asia develop as unprofitable startups prolong runways

Shopee reportedly carried out three rounds of layoffs this yr as its mother or father Sea Restricted struggles in direction of profitability. Lauryn Ishak | Bloomberg | Getty Pictures Extra…

Lululemon, Costco, Broadcom and others

Take a look at the businesses making headlines earlier than the bell: Lululemon (LULU) – Lululemon slid 7.1% within the premarket after the athletic attire maker issued a weaker-than-expected outlook.…

Dow tumbles 300 factors Friday, posts worst week since September

Shares completed decrease Friday, with all the most important averages posting losses for the week as worries continued over continued fee hikes. The Dow Jones Industrial Common shed 305.02 factors,…

$400 billion erased from European tech market in 2022, Atomico says

The Klarna emblem displayed on a smartphone. Rafael Henrique | SOPA Photos | LightRocket by way of Getty Photos Europe’s tech business has misplaced greater than $400 billion in worth…

China encourages aged vaccination; Hong Kong closes 5% increased

Tue, Nov 29 20224:34 AM EST Shares of U.S.-listed Chinese language firms rise in pre-market commerce U.S.-listed shares of Chinese language know-how firms rose in pre-market commerce after Chinese language…

China web companies have seen ‘peak regulation’: KraneShares

The Chinese language authorities is unlikely to introduce new laws for the web tech sector and there could possibly be extra help going ahead, in line with Jonathan Krane of…

After Nice Resignation and quiet quitting, ‘loud layoffs’ are right here

Surprising layoff information is overshadowing a vibrant job market. Inside weeks, mass layoffs primarily in tech, together with at Twitter, Meta, Amazon, Salesforce, HP, Lyft, Doordash and extra, have flooded…