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- BusinessAFP News
S&P 500 records best first quarter since 2019 going into Easter break
The S&P 500 and the Dow closed at fresh records in New York on Thursday, with the former closing out its best start to the year since the Covid-19 pandemic ahead of the Easter break. - Mixed European markets - In Europe, London hit a one-year high while Frankfurt inched higher and Paris ended flat as traders continued to weigh the recent uptick in inflation ahead of fresh US figures on Friday.
4-min read - NewsAFP News
Venezuela's huge diaspora struggles to register to vote
Millions of Venezuelans who fled economic misery in their country could find themselves unable to vote in key July presidential elections, as complaints mount over hurdles at consulates abroad for those seeking to register. Election registration was meant to start on March 18 and will run for a month, before the July 28 vote in which President Nicolas Maduro is seeking a third term.
3-min read - BusinessReuters
US may soon unveil list of Chinese chip factories barred from receiving tech
The Biden administration is drawing up a list of advanced Chinese chipmaking factories barred from receiving key tools, three people familiar with matter said, to make it easier for companies to stem technology flows into China. The Commerce Department in 2022 barred U.S. companies from shipping equipment to Chinese factories producing advanced chips, as the U.S. seeks to severely limit Beijing's technological advances over national security concerns. But companies say it is difficult to pinpo
1-min read - NewsAFP News
Lula, Macron condemn blocking of Venezuela opposition candidate
French President Emmanuel Macron and his Brazilian counterpart Luiz Inacio Lula da Silva on Thursday hit out at Venezuela over the exclusion of a key opposition candidate from July elections."We very firmly condemn the exclusion of a serious and credible candidate from this process," Macron said at a press conference in Brasilia, at the end of a three-day official visit to Brazil.
3-min read - NewsAFP News
Baltimore bridge, port recovery will be 'very long road'
A ship carrying a giant crane was en route Thursday to the scene of the catastrophic bridge collapse over Baltimore harbor, as authorities warned of extensive work before the major US port can reopen.Up the coast from Baltimore, the Port Authority of New York and New Jersey will plan take on additional cargo to help blunt the supply chain impacts, the governors of those states pledged in a joint statement Thursday. caw/acb
3-min read - BusinessReuters
US, Mexico to partner on semiconductor supply chain development
The United States will partner with Mexico to explore semiconductor supply chain opportunities, the State Department said on Thursday, as the Biden administration pushes to reduce reliance on China and Taiwan for the technology. The collaboration will take place as part of the U.S. CHIPS Act, a 2022 law that created a $500 million fund for developing the semiconductor supply chain through initiatives with allies and partners. "Manufacturing of essential products ranging from vehicles to medica
1-min read - NewsAFP News
Russian veto ends monitoring of UN's N.Korea sanctions
Russia on Thursday blocked the renewal of a panel of UN experts monitoring international sanctions on North Korea, weeks after the body said it was investigating reports of arms transfers between Moscow and Pyongyang.It added that it is investigating reports of arms shipments from Pyongyang to Russia for use in Ukraine.
3-min read