Elon Musk Reacts as SpaceX Receives Lowest Possible ESG Rating From MSCI

Elon Musk has publicly dismissed SpaceX’s lowest possible ESG rating from MSCI as “ridiculous,” calling it “not reflective of reality” in a series of posts on X (formerly Twitter). The rating, assigned just weeks before SpaceX’s record-breaking $4.2 billion direct listing in November 2024, has ignited a debate over how environmental, social, and governance (ESG) … Read more

ASML Denies Shipping Advanced Chip-Making Equipment to China Amid US Concerns

The Dutch semiconductor equipment manufacturer ASML has officially denied reports suggesting that its advanced lithography systems have reached the Chinese market in violation of stringent international export controls. These concerns, which emerged following speculation regarding the unauthorized arrival of high-end chip-making technology, have sparked renewed scrutiny over the effectiveness of the global regulatory framework governing … Read more

UK Minister Urges EU to Include UK in ‘Made in Europe’ Strategy

Brussels – The United Kingdom is urging the European Union to adopt a broader perspective when formulating its “Made in Europe” strategy, advocating for consideration of the entire continent rather than solely focusing on EU member states. This call for inclusivity comes amidst ongoing discussions about bolstering European industrial competitiveness and securing supply chains, and … Read more