AMD Faces a $1.5 Billion Loss from US Chip Curbs Advanced Micro Devices (AMD) has found itself in the crosshairs of US tariffs targeting its China chip sales, potentially leading to a substantial $1.5 billion loss for the company. The semiconductor giant has been navigating choppy waters due to geopolitical tensions and trade restrictions, which […]
Coty Cuts Annual Profit Forecast
Coty Cuts Annual Profit Forecast: What’s Next for the Beauty Giant? Coty, the global beauty company known for its wide range of cosmetic and fragrance brands, recently announced a downward revision of its annual profit forecast. The news sent ripples through the market, with the company’s shares falling about 2 percent in extended trading. This […]
European drought crisis escalates amid heat and low rainfall, says JRC
European Drought Crisis Intensifies in 2025: A Looming Threat to the Continent Amidst the sweltering heat and meager rainfall, Europe finds itself in the grips of a severe drought crisis. According to the Joint Research Centre (JRC), the situation has escalated significantly in 2025, painting a grim picture of shrinking rivers, parched soils, and soaring […]
Tariffs stall US humanoid robots push as China dominates rare earth supplies
Tariffs Stall US Humanoid Robots Push as China Dominates Rare Earth Supplies Trade tensions overshadow the industry’s supply chains as the US pushes to lead the next generation of humanoid robots. The race to dominate the market for these advanced machines has been hindered by tariffs and China’s stronghold on rare earth supplies. Humanoid robots […]
Unilever to Shutter Ren Skincare Business
Unilever to Shutter Ren Skincare Business Unilever, a major player in the consumer goods industry, recently announced its decision to close down its Ren Skincare business. This move comes as a surprise to many, considering Ren Skincare’s popularity among consumers for its natural and sustainable products. The decision to shut down Ren Skincare was not […]
‘Origin’ of pain: China struggles to redraw chip supply map amid Trump’s tariff mayhem
The Impact of Trump’s Tariffs on China’s Semiconductor Industry Ni Tao, a renowned columnist for IE, provides exclusive insights into China’s dynamic technology and engineering landscape. In his recent piece, Ni Tao delves into the challenges faced by China as it navigates the tumultuous waters of the semiconductor industry, particularly in the wake of Trump’s […]
Estée Lauder Sales Slide 10%, Forecasts Bigger-Than-Expected Drop In Annual Sales
Estée Lauder Sales Slide 10%, Forecasts Bigger-Than-Expected Drop In Annual Sales The iconic American cosmetics company, Estée Lauder, is facing a significant challenge as it reported a 10 percent decline in sales for the third quarter of the year. This decrease in revenue has set off alarm bells within the industry, signaling potential trouble ahead […]
AMD warns of financial hit from US AI chip export ban
AMD Faces Financial Strain as US AI Chip Export Ban Takes Effect In a move that has sent shockwaves through the tech industry, the US administration recently implemented stricter regulations on the export of AI chips, impacting Advanced Micro Devices (AMD) and its MI308 products. This decision has put AMD in a challenging position, with […]
Seoul unveils $4.9 billion chip support package
Seoul’s $4.9 Billion Chip Support Package: A Strategic Investment in South Korea’s Tech Sector Seoul, the bustling capital of South Korea, has recently made waves in the tech industry with its unveiling of a massive $4.9 billion chip support package. This significant investment is earmarked to bolster the infrastructure and workforce development within South Korea’s […]
Worldview | Panic Grips Asia’s Factories Despite US Tariff Pause
Panic Grips Asia’s Factories Despite US Tariff Pause As the world of global markets continues to shift and evolve, recent events have sent shockwaves through Asia’s manufacturing sector. Despite a temporary pause on US tariffs by the Trump administration, factories across Asia are still reeling from the uncertainty and potential economic fallout. This week’s round-up […]