Business
Since the first cargo of American liquefied natural gas (LNG) left a terminal on the Gulf of Mexico bound for Brazil in February 2016, US exports of the fuel have boomed. In 2023 the US was both the world's largest producer ...
Feb 12, 2024
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35
Business
The Biden administration has frozen pending decisions on permit applications to export liquefied natural gas, or LNG, to countries other than U.S. free trade partners. During this pause, which will last for up to 15 months, ...
Feb 8, 2024
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11
Business
Shares in ASML plunged Wednesday after the Dutch tech giant posted a decline in third-quarter sales and orders, as the semiconductor industry battles headwinds from a trade spat between the West and China.
Oct 18, 2023
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25
Business
Samsung Electronics has been granted an exception that will allow it to continue to at least temporarily maintain memory-chip production facilities in China, according to a Biden administration official, a week after the ...
Oct 13, 2022
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4
Business
Taiwanese semiconductor giant TSMC said Thursday its August revenue rose nearly 60 percent to a record high of Tw$218.13 billion ($7.06 billion) on soaring global demand.
Sep 8, 2022
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13
Energy & Green Tech
Australia's electricity system is on the road to becoming 100% renewable as coal-fired power stations close and wind and solar takes their place.
Mar 18, 2022
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8
Business
Sale talks for TikTok's U.S. operations have been complicated by the key question of whether the app's core algorithms can be included as part of a deal, according to a introduced export restrictions on artificial intelligence ...
Sep 2, 2020
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5
Engineering
Australia is the world's third largest fossil fuels exporter – a fact that generates intense debate as climate change intensifies. While the economy is heavily reliant on coal and gas export revenues, these fuels create ...
Feb 27, 2020
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22
Energy & Green Tech
The possibilities presented by hydrogen are the subject of excited discussion across the world—and across Australia's political divide, notoriously at war over energy policy.
Nov 21, 2019
1
27
Business
Nvidia chief Jensen Huang said Tuesday he does not expect a "doomsday scenario" but is readying for the worst over tension between China and the United States.
Mar 20, 2024
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1
The term export is derived from the conceptual meaning as to ship the goods and services out of the port of a country. The seller of such goods and services is referred to as an "exporter" who is based in the country of export whereas the overseas based buyer is referred to as an "importer". In International Trade, "exports" refers to selling goods and services produced in home country to other markets.
Any good or commodity, transported from one country to another country in a legitimate fashion, typically for use in trade. Export goods or services are provided to foreign consumers by domestic producers.
Export of commercial quantities of goods normally requires involvement of the customs authorities in both the country of export and the country of import. The advent of small trades over the internet such as through Amazon and eBay have largely bypassed the involvement of Customs in many countries because of the low individual values of these trades[citation needed]. Nonetheless, these small exports are still subject to legal restrictions applied by the country of export. An export's counterpart is an import.
This text uses material from Wikipedia, licensed under CC BY-SA
