VENTURE CAPITAL POST

Two Texas men were sentenced to 45 months in prison for trying to sell Iranian oil to a refinery in China in violation of US sanctions.

The US has sanctioned a Guyanese mining mogul over accusations of tax fraud and bribery.

US household wealth reached a record high of over $160 trillion in the first quarter of 2024.

The FAA will extend temporary cuts to minimum flight requirements in New York City-area airports until October 2025.

US crude oil refiners are reportedly preparing to increase their operations above 90% capacity following the completion of planned maintenance.

The US government is reportedly in the final stages of negotiations to fund a late-stage trial of Moderna's mRNA bird flu vaccine amid the outbreak spreading in dairy cows.

A Chinese expert predicts that despite current technological disparities and US efforts to curb its progress, China will soon catch up to American chipmakers in the race to build the world's most powerful computers.

The US Treasury Department announced on Tuesday new regulations designed to support Cuba's growing private sector and enhance the country's access to US internet services.

Despite initial pledges to exit Russia following the 2022 invasion of Ukraine, many Western companies, including Avon Products, Air Liquide, and Reckitt, remain in the country.

The US and Europe are considering acquiring or producing H5N1 bird flu vaccines to protect poultry and dairy workers.

China has launched its largest semiconductor investment fund to date to boost its domestic chip industry.

Chesapeake Energy, a leading natural gas producer in the United States, has started laying off employees this week.

Canada is reportedly exploring raising tariffs on Chinese-produced electric vehicles (EVs) following the US decision to impose higher levies on these imports.

The IMF is urging the US to maintain its open trade system instead of imposing new punitive duties on goods from China.

The US has announced it blocked imports from 26 Chinese cotton traders or warehouse facilities tied to Uyghur forced labor.