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ChangXin Memory Technologies Inc. (CXMT) more than doubled its revenue to $8 billion in 2025, driven by surging demand for storage chips used in AI and data centers. According to people familiar with the matter, CXMT's revenue rose by 130%, and its a

2026-03-26

ChangXin Memory Technologies Inc. (CXMT) more than doubled its revenue to $8 billion in 2025, driven by surging demand for storage chips used in AI and data centers. According to people familiar with the matter, CXMT's revenue rose by 130%, and its adjusted net income is projected at around 3 billion yuan. The company, pivotal to China’s strategy to reduce reliance on US technology, is Preparing for one of China’s largest IPOs, expected on the STAR board in 2026.

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2026-03-26

Mediterranean Shipping Company (MSC) is imposing an emergency fuel surcharge on routes to and from South Africa, Namibia, Mozambique, Tanzania, and Kenya.

Mediterranean Shipping Company (MSC) is imposing an emergency fuel surcharge on routes to and from South Africa, Namibia, Mozambique, Tanzania, and Kenya.
2026-03-26

According to the Washington Post, the U.S. Department of Defense is considering redirecting military aid to Ukraine to the Middle East.

According to the Washington Post, the U.S. Department of Defense is considering redirecting military aid to Ukraine to the Middle East.
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