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NTSB expands Boeing probe following Alaska Airlines 737 MAX 9 emergency

The National Transportation Safety Board (NTSB) has initiated a new series of interviews with Boeing and Federal Aviation Administration (FAA) officials this week as part of its ongoing investigation into the January in-flight emergency involving an Alaska Airlines 737 MAX 9.

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Reuters
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Yellen's China Visit: Clean Energy Trade Talks

During her recent four-day visit to Guangzhou and Beijing, US Treasury Secretary Janet Yellen warned Chinese economic leaders regarding their overinvestment in factory capacity for clean energy goods, calling it unacceptable. Although she tried to make her Chinese hosts comfortable, Yellen is tasked with the challenge of advising President Joe Biden on potential actions to address this issue, which could include raising tariffs on Chinese electric vehicles, solar panels, and other clean energy products to safeguard US producers and workers.

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Tata Group in talks to acquire Pegatron's sole iPhone plant in India: Report

Tata Group is reportedly negotiating to acquire Pegatron's only iPhone manufacturing facility in the country. This potential deal indicates Pegatron's scaling back of its partnership with Apple and Tata's expansion in iPhone manufacturing.

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Beijing
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India
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Reuters

Biden administration to grant Samsung a $6.6 bn subsidy for Texas chip expansion

The Biden administration has decided to award the South Korean tech giant Samsung $6.6 billion subsidy to strengthen domestic semiconductor production. The funds are designated to expand Samsung's chip output in Taylor, Texas, Reuters reported, citing sources familiar with the matter revealed.

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The Japanese yen struggles amid rising US treasury yields: Report

The dollar showed cautious trading on Tuesday, failing to gain significant momentum from an uptick in US Treasury yields.

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