US orders chip equipment companies to stop tool shipments to two Hua Hong facilities over concerns about advanced chip production, Reuters sources report.

U.S. Treasury official Bessent reports that designated individuals and entities are funneling illicit funds to support Iran's terrorist operations.

U.S. Treasury official Bessent stated that illicit funds funneled by designated individuals and entities have been used to support Iran's terrorist operations.

The US Treasury is ordering banks to halt transactions with China's independent "teapot" refineries, a move aimed at curbing the import and refining of Iranian oil to tighten financial pressure on Tehran.

The US Treasury is directing banks to cease transactions with China's independent "teapot" refineries to restrict the import and processing of Iranian oil. This action is intended to increase financial pressure on Tehran's energy exports.

Airbus Q1 profit falls as deliveries drop, trailing Boeing for the first time in years.

Airbus reported a decline in first-quarter profit due to lower aircraft deliveries, falling behind Boeing for the first time in years.

Appalachian lithium reserves could curb U.S. import reliance for centuries, USGS study says.

The Appalachian region in the eastern US holds enough lithium to curb America’s reliance on imports for centuries, according to a new US Geological Survey study.