Business and Economy

Business and Economy Latest News

What are 'rare earths' for?
What are 'rare earths' for?
by  AFP

Crucial for making smartphones, fighter jets and electric cars, "rare earth" metals have become a strategic bargaining chip since main producer China this year introduced restrictions on their exports. - Fighter jets, golf clubs - Aviation is a major consumer of rare earths, especially for military plane manufacturing.

San Francisco sues producers over ultra-processed food
San Francisco sues producers over ultra-processed food
by  AFP

San Francisco is suing makers of the ultra-processed food that health experts say has led millions of Americans into obesity during decades of over-consumption, the city said Tuesday. "These companies created a public health crisis with the engineering and marketing of ultra-processed foods," San Francisco City Attorney David Chiu said.

Trump hints economic adviser Hassett may be Fed chair pick
Trump hints economic adviser Hassett may be Fed chair pick
by  AFP

US President Donald Trump on Tuesday hinted that he wants to nominate his chief economic adviser Kevin Hassett to replace outgoing Federal Reserve Chairman Jerome Powell next year. Hassett, a PhD economist, is currently chair of the National Economic Council, a White House body which advises the president and his cabinet on policymaking.

Energy

Money

Industry

Technology

Economy