According to a report released by a U.S. congressional committee on Friday, the Biden administration authorized 192 licenses totaling more than $23 billion to export American goods and technology to Chinese firms on a U.S. trade blacklist in the first quarter of last year.   A chart...

According to a draft report by a government contractor, US chipmaker Nvidia Corp.'s plans to sell technology to China's Huawei would be thwarted if the US government moves forward with a proposal to further restrict shipments to the blacklisted company.   The Biden administration has been...

Inflation has not yet stabilized at the 2% goal, according to Bank of Japan board member Junko Nakagawa. The official noted that the central bank must maintain its ultra-soft monetary policy. As the COVID-19 pandemic's affects lessen, Nakagawa anticipates that the third-largest economy in the world...

The first quarter of fiscal 2022–2023, which finished on January 31, saw a 2.2 times year-over-year decline in HP Inc's net income to $487 million, the company reported in a statement. Comparatively to $0.99 for the same period last year, the quarter's diluted net income per share was $0.49....

Tesla shareholders launched a class action lawsuit against the American automaker and its billionaire CEO Elon Musk, charging him of falsifying data regarding autonomy and safety of its electric vehicles. According to the lawsuit's published text, the defendants "made false or misleading...

Warren Buffett’s Berkshire Hathaway Inc. announced its highest annual operating profit in the company history, despite a decline in the fourth-quarter profit due to foreign exchange losses and rising interest rates. Buffett referred to 2022 as a "good year" for Berkshire in his yearly letter to...

Boeing has halted deliveries of the 787 Dreamliner due to fuselage issues. The US Federal Aviation Administration (FAA) announced on Thursday that Boeing chose to halt deliveries of the 787 Dreamliner passenger aircraft for an extra analysis of the fuselage. "After informing the FAA that it was...

Italian Eni anticipates a doubling of LNG shipments by 2026. Italian company Eni stated that it anticipates its contract volumes of liquefied natural gas (LNG) provided to customers to double by 2026 and reach 18 million tons annually. According to Eni's strategic business plan for 2023–2026,...

By the end of the month, Japan Post Holdings Co. is considering selling $9 billion worth of stock in order to reduce its ownership of its Japan Post Bank Co. subsidiary by nearly a third, sources reported. According to the three sources, the company is discussing selling its stock before the end of...