Europe set to become top destination for Chinese used cooking oil
125% U.S. tariff on Chinese UCO effectively closes off a market that accounted for $1.1 billion in shipments last year
U.S. dollar rises as economy contracts in first quarter
Dollar gains 0.3% against the yen to trade at 142.82, while the euro slips 0.1% to $1.1368
Oil prices slide further, set for steepest monthly drop since 2021
Brent crude drops 1.2% to $63.48 a barrel, while U.S. West Texas Intermediate (WTI) falls 1.2% to $59.68
Meta unveils Llama API to attract businesses to its AI platform
APIs enable software developers to customize and integrate technology into their products more quickly
Toyota to develop platform for Waymo’s autonomous vehicle fleet
The companies aim to accelerate the development and adoption of driver assistance and automated driving technologies for personally owned vehicles
Logitech plans to reduce reliance on Chinese manufacturing
ogitech will move production to Vietnam, Taiwan, Thailand, Malaysia, and Mexico, where it works with contract manufacturers
Intel announces customers to build test chips for upcoming process
Intel faces challenges in building a competitive foundry business to rival TSMC
Meta launches standalone app for Meta AI assistant
The standalone app is designed to offer more personalized responses based on user-specific elements
Indian shares muted amid rising tensions with Pakistan
Geopolitical tensions with Pakistan have overtaken US tariffs in investors' minds, says market expert
World Bank predicts 12% drop in global commodity prices by 2025
This will result in the lowest real terms commodity prices of the 2020s
U.S. trade agency places Mexico on priority watch list for intellectual property concerns
The annual report now lists eight countries on the priority watch list for IP violations and 18 on the general watch list
Oil prices dip near two-week low amid US-China trade war concerns
Brent crude futures drop by 1.9% to $64.59 per barrel, while U.S. West Texas Intermediate crude declines by 1.7% to $60.98 per barrel
LG Group boosts investment in Indonesia’s battery cell factory by $1.7 billion
The commitment from LG remains big, a concrete example is that they will invest in the development of this JV, says Indonesia’s Investment Minister
Amazon launches 27 satellites to expand broadband access, rivaling SpaceX
The launch begins the deployment of a 3,236-satellite system in low-Earth orbit, part of a $10 billion project to deliver global broadband service
BYD to build 10,000-vehicle capacity factory in Cambodia
Operations are expected to commence by the end of this year, the zone's management announced on its official WeChat account