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BBCNEWS Asia July 5, 2024

beijing. china has slapped export controls on two rare metals used in the manufacture of semiconductors. the move by the chinese ministry of commerce targets the metals gallium and germanium. china is a major producer of both. from august, exports of these metals will require a licence. michelle fleury has more. us treasury secretary janet yellen is headed to berlin, and hers is the second trip by a cabinet official to china since ties between the world s two top economies deteriorated earlier this year. her goal is to study the relationship, but she has got her work cut out for her. ahead of her visit beijing said he was imposing export controls on two rare medals essential for making semiconductors. the measures are seen as a tit for tat response after the us, the netherlands and japan recently restricted chip exports to china. some say the move is aimed at giving china more leverage in future trade discussions for tub gallium and a germanium the two mentals in questi ....

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BBCNEWS World Business Report July 6, 2024

let s get down to business. an australian firm recharge industries has come to the rescue and bought the battery maker britishvolt out of administration. the deal is expected to be announced shortly. britishvolt had plans to build a £4 billion gigafactory near the port of blyth in northumberland, but it ran out of money and collapsed last month. its downfall was blamed on a lack of battery experience, unproven technology, and therefore no customers oi’ revenue. the new owner is another start up. recharge industries is owned and run by a new york based investment fund called scale facilitation. its australian chief executive, david collard, told our business editor simonjack why his company was different. what we re bringing, which is different to the prior britishvolt, is we re bringing validated technology. so that process has already started. us defence has also validated the technology, it s actually already supplied to the uk navy through a subcontractor over ....

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CNN The Lead With Jake Tapper July 6, 2024

of the destruction and the ukrainians say they cleared around 8,500 tons of debris from this area in about 72 hours. and still, more bodies were found including children. while others remain missing. this man servie searching for h grandson venting his anger at russia. there is no mercy for them he says. ly i will curse them until the last day of my lives. they struck the buildings with a cruise missile designed to destroy aircraft carriers. she was in an apartment complex. she filmed the chaos and saw the destruction. we thought it was an earthquake or something she says, unclear what happened. when we opened the apartment, we saw smoke and dust and heard screams. the kremlin continues to deny the forces were behind the attack but moscow does say russian fighters are now making gains on the battle fields. meanwhile, ukrainian forces are still shelling russian troops around solidar the russians say is firmly under their control thanks to fighters from a private milita ....

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BBCNEWS Asia July 3, 2024

However slower demand in trade restrictions on Chip Making Technology have put businesses under pressure. Those restrictions only apply of course too high end chips currently and again more on the pulse of the industry i spoke to stacy raskin a Senior Semiconductor analyst will stop these Export Controls were fairly targeted. Fairly targeted. The only thins fairly targeted. The only things that fairly targeted. The only things that were fairly targeted. The only| things that were actually impacted were high and Artificial Intelligence chips chips for supercomputers and equipment that was capable of manufacturing high and logic and memory. In terms of actual Revenue Impact the only ones t ....

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BBCNEWS Asia July 3, 2024

Numbers while the Major Economies are raising rates and chinas growing below its growth targets. Paul, what are some of the complex sort of Pressure Points that these countries will have to navigate as they forge ahead . Yeah, well, i really think its a Confidence Game at this point, right . So we want consumers to continue to spend. We want firms to continue to invest. So i think having some confidence that the the rate cycle globally is near its peak, the us continues to put up good numbers. Chinas been tweaking some of the measures over the past week in the property market. So its certainly not a disastrous story, but its probably going to come in with a Forehand Build this year on growth and countries are just going to have to figure out how to navigate that ....

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