Category: export
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Incredible British craftsmanship in demand as 80% of UK-made saddles sold worldwide despite export hurdles
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A centuries-old craft in the heart of British manufacturing is exposed to increased pressure to move in complex global trading obstacles, as new data reveals that 80 % of the UK’s chronology is shipped abroad-especially to the United States of America, Europe and Australia. Despite the international interest and respect…
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Microsoft: Exempt Israel from AI-chip export restrictions
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in Blog post Today, the newborn, “The Wall Street Journal”, calls on the Vice President of Microsoft and President Brad Smith to Israel, India, Switzerland and other countries to add to the list of countries exempt from the restrictions imposed on the exports of artificial intelligence chips produced by the…
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Turkey to export 15,000 tonnes of eggs to US amid bird flu disruptions
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Written by Sayed Kajlian ISTANBON (Reuters) – Türkiye has begun to export about 15,000 tons of eggs to the United States, where the outbreak of persistent bird flu, and sent prices and led to talks with other producers. Ibrahim Ophyon, Chairman of the Board of Directors of the Central Eggs…
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Turkey to export 15,000 tonnes of eggs to US amid bird flu disruptions
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Written by Sayed Kajlian ISTANBON (Reuters) – Türkiye has begun to export about 15,000 tons of eggs to the United States, where the outbreak of persistent bird flu, and sent prices and led to talks with other producers. Ibrahim Ophyon, Chairman of the Board of Directors of the Central Eggs…
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Export champion quits over ‘anti-business’ stance, claiming Starmer and Reeves ‘talk down the UK’
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Mark Stewart, CEO of Stuart Golf, resigned from Gloster, resigned from his role as one of the government’s “export heroes”, citing frustration with what he calls “business control policies” in the Labor Party under the leadership of Sir Kerr Starmer and Rashil Reeves. Stewart, which exports electric golf vehicles, exports…
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Export champion quits over ‘anti-business’ stance, claiming Starmer and Reeves ‘talk down the UK’
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Mark Stewart, CEO of Stuart Golf, resigned from Gloster, resigned from his role as one of the government’s “export heroes”, citing frustration with what he calls “business control policies” in the Labor Party under the leadership of Sir Kerr Starmer and Rashil Reeves. Stewart, which exports electric golf vehicles, exports…
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Biden includes Israel in graphics processor export restrictions
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Outgoing US President Joe Biden dealt a severe blow to Israel, by including it in the restricted category for exporting advanced graphics processors, just a week before he left the White House. Under the new regulations, Israel will be included in a category subject to restrictions on the export of…
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Biden includes Israel in graphics processor export restrictions
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Outgoing US President Joe Biden dealt a severe blow to Israel, by including it in the restricted category for exporting advanced graphics processors, just a week before he left the White House. Under the new regulations, Israel will be included in a category subject to restrictions on the export of…
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Nvidia, chip stocks drag tech lower as new Biden export rules, jobs report weigh
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Nvidia (NVDA) stock fell on Friday along with other chipmakers after a December jobs report pushed expectations of additional interest rate cuts from the Federal Reserve and ahead of expected restrictions on chip exports from the Biden administration. Nvidia stock fell 3%, while AMD (AMD) fell 4.8% and PHLX Semiconductor…
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Chinese chip firms say they can withstand new US export curbs
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Written by Eduardo Baptista and Heikung Yang BEIJING/SEOUL (Reuters) – Chinese chip companies targeted by Washington with new export controls have pledged to accelerate the localization of their supply chain and said they will be able to continue production thanks to recent efforts to build stockpiles of equipment. The latest…
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Nvidia stock falls 5% as the U.S. eyes AI chip export limits
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Nvidia shares (NVDA) fell more than 5% on Tuesday, a day after closing at a record high. The chipmaker’s stock fell less than 1% in premarket trading, but was down about 5% by midday. The decline occurred after a report that The United States may put an end to sales…
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Nvidia stock falls 5% as the U.S. eyes AI chip export limits
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Nvidia shares (NVDA) fell more than 5% on Tuesday, a day after closing at a record high. The chipmaker’s stock fell less than 1% in premarket trading, but was down about 5% by midday. The decline occurred after a report that The United States may put an end to sales…
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China says “dissatisfied” with new Dutch export controls on ASML chipmaking tools By Reuters
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BEIJING (Reuters) – China is “not satisfied” with the Dutch government’s decision to expand export controls on chipmaking equipment from ASML, the commerce ministry said in a statement on Sunday. The Dutch government said on Friday it will expand export licensing requirements for ASML’s DUV (deep ultraviolet) 1970i and 1980i…
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U.S. judge halts Biden administration pause on LNG export licenses (NYSE:LNG)
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lyash01/iStock via Getty Images A U.S. district judge issued a ruling Monday. blocked US President Donald Trump has issued an order banning the Biden administration from approving LNG export applications, and ordered the LNG export ban to be lifted “in full, effective today.” A coalition of 16 Republican-led states, including…
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PetroChina to pay $14.5 million fine for US export violations, DOJ says By Reuters
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WASHINGTON (Reuters) – PetroChina International America, a unit of PetroChina, has agreed to pay a fine and forfeiture totaling $14.5 million for violating U.S. export law, the U.S. Justice Department said on Tuesday. The US Attorney’s Office for the Southern District of Texas said in a press release that authorities…
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Israeli defense cos signed export orders worth record $13b in 2023
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Israeli defense companies signed new export orders worth a record $13.073 billion in 2023, the Defense Ministry’s Directorate for International Defense Cooperation (SIBAT) said. This is the third year in a row that the record has been broken with new orders worth $12.5 billion in 2022, and $11.3 billion in…
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UK Export Finance Vows Fivefold Rise in SME Support
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UK Export Finance, the government’s trade finance arm, has committed to significantly expanding the number of businesses it supports by 2029, with a particular focus on small and medium-sized businesses, especially those led by women. The Export Credit Agency, which provides insurance cover on foreign contracts and guarantees on export-related…