braces

Chip Industry Braces for 'Heavy Blow' From China Export Curbs

Chip Industry Braces for ‘Heavy Blow’ From China Export Curbs

(Bloomberg) — The Biden administration’s new restrictions on doing business with China are sending shock waves through the global semiconductor industry, with chip-equipment makers girding for perhaps the most painful fallout. Most Read from Bloomberg Applied Materials Inc., a leading maker of chipmaking equipment, on Wednesday slashed its forecast for the fourth quarter, warning that …

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Coal stoves and wood thieves: Europe braces for winter without Russian gas

Coal stoves and wood thieves: Europe braces for winter without Russian gas

BERLIN — Jörg Mertens knew the West’s standoff with Russia had sent energy prices soaring across Europe. But his August bills left him gobsmacked. His energy tab had surged by 70 percent. “I’m afraid,” said the 60-year-old Munich man, his voice breaking. After rent, the increased costs — about $190 a month for electricity and …

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Europe braces for more cuts in Russian oil and gas exports

Europe braces for more cuts in Russian oil and gas exports

An interior view shows a new pumping station of the Caspian Pipeline Consortium (CPC) near the city of Atyrau, Kazakhstan October 12, 2017. REUTERS/Maria Gordeyeva Register now for FREE unlimited access to Reuters.com Register CPC says two of three mooring points (SPM) suspended One SPM can handle less than 70% of terminal capacity – sources …

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An artist

Florida braces for crowds for NASA’s Artemis 1 moon mission launch

They’re coming. Tourism officials in Florida’s Space Coast are expecting a massive influx of tourists for the upcoming Artemis 1 moon mission, the first launch for NASA’s Space Launch System rocket. The “Space Coast” is a term given to the region of Florida where both Kennedy Space Center (KSC) oath Cape Canaveral Space Force Station …

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