The export control revisions announced October 17 aim to prevent the use of chips in military applications, including the development of artificial intelligence as well as hypersonic missiles.

The Offshore Alliance union representing workers at the Gorgon and Wheatstone plants said that it called off strike actions scheduled for October 19.

The regulations restrict more advanced chips and chipmaking tools from being exported to other countries besides China, like Russia and Iran.

If businesses fail to get rid of their supplies, they will be forced to refinance all their debt at much higher interest rates. 

The temporary relaxation of a safeguard mechanism has ushered in a flood of cheap imports, forcing local manufacturers to idle some capacity, said Waaree Energies Ltd. chairman Hitesh Doshi.

The authorization allows the companies to continue using their China-based chipmaking operations without having to apply for licenses with the U.S. to receive new equipment.

The clause, which aims to create more collaboration between charterers and shipowners to cut carbon emissions, was adopted by BIMCO’s Documentary Committee October 11.

This comes months after Toyota claimed that it would be shifting towards using solid-state batteries after working on the technology for over a decade.

Shizen Energy Inc. signed a 20-year agreement with Microsoft to provide 25 megawatts of solar power capacity from a project in the Aichi prefecture.

Digital transformation is not a project with a start and an end-date; it’s a continuous process, says David Rogers of Columbia Business School.