DECENTRALIZED MEDIA IS LIVE POWERED BY
Banx Media Platform logo

Business Articles

Showing 24 of 24 on this pagePage 69 / 322 • 7725 total
US Seeks Share of Korean Chipmakers’ “Excess Profits”: Source
BUSINESS94% credibility
Happening NowFeatured

US Seeks Share of Korean Chipmakers’ “Excess Profits”: Source

A source says the U.S. is pressing for a portion of the “enormous profits” Korean semiconductor firms are earning during the AI chip boom, arguing that American demand—and U.S. purchases of large volumes—helped drive the earnings. The claim is tied to discussions between USTR Deputy Rick Switzer and Korea’s trade ministry, amid an ongoing debate in Korea over what counts as “excess” profits and whether gains should be shared with subcontractors or the public.

1 min read
Russia Seeks More Gasoline From India After Ukraine Strikes on Refineries
BUSINESS97% credibility
Happening NowFeatured

Russia Seeks More Gasoline From India After Ukraine Strikes on Refineries

Russian energy firms have reportedly contacted Indian refiners to secure additional gasoline after Ukrainian attacks damaged a significant portion of Russia’s refining capacity, sources told Reuters. India is the biggest buyer of Russian seaborne crude oil, and the request marks an unusual shift as Moscow tries to close a growing fuel gap. Negotiations reportedly involve both government and private refineries, with supplies potentially routed through traders.

1 min read