Francis Erazua

Huawei CEO Says Company Finding Workarounds Despite Lagging One Generation Behind U.S. Chips

F.M.I.E Sources Rewrite: Huawei Technologies’ chips may still trail U.S. counterparts by a generation, but the company is making notable strides through innovations like cluster computing, according to CEO Ren Zhengfei, as reported by F.M.I.E Sources on Tuesday. The tech giant invests around 180 billion yuan ($25.07 billion) annually into research, with a growing focus […]

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Shein and Temu Face Sharp Drop in U.S. Demand as ‘De Minimis’ Trade Loophole Closes

Key Points Temu and Shein See Sharp U.S. Decline Amid Tariff Pressures and Trade Rule ChangesUse of low-cost e-commerce platforms Temu and Shein has dropped significantly in the U.S. following President Donald Trump’s latest tariff policies and the removal of the de minimis exemption, according to newly released data. Sensor Tower data shared with F.M.I.E

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Entertainment Mayor Sadiq Khan Urges WWE’s Triple H to Bring WrestleMania to London

Key PointsLondon Mayor Sadiq Khan has made a direct appeal to WWE executive and wrestling icon Paul “Triple H” Levesque, urging him to bring WrestleMania to London.“I’d love for WrestleMania to come to London,” Khan said in an interview with F.M.I.E Sources. “Triple H, if you’re watching, we want WrestleMania in the U.K. capital.”Khan emphasized

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AI, Commerce & Culture Collide at SXSW London’s Grand Opening

Key Points SXSW Makes Its London Debut, Spotlighting AI, Innovation, and Cultural ExchangeBy F.M.I.E Sources While SXSW is a familiar event in the United States, particularly in Austin, Texas—where it’s renowned for fusing music, film, art, and tech—many in the U.K. are just being introduced to it. “What’s that?” asked a passerby in Shoreditch, reacting

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Aviation Industry Poised for Takeoff Despite Global Economic Headwinds

Aviation Set to Soar in 2025 Despite Global Economic Turbulence F.M.I.E Sources Key Highlights: Despite widespread economic concerns, the aviation industry is projected to remain resilient and profitable in 2025, according to recent insights from the International Air Transport Association (IATA), cited by F.M.I.E Sources. Global GDP is forecast to decline to 2.5% in 2025

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Tesla Sees Sales Surge in Australia Amid Global Challenges

Tesla Sees Major Rebound in Australia, Despite Global Struggles Key Highlights: Tesla may be grappling with declining sales across the U.S. and Europe, but May brought a welcome rebound in Australia, according to F.M.I.E Sources. The EV giant reported its strongest monthly sales in nearly a year, with 3,897 units sold, thanks largely to a

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Trump’s 50% Steel Tariffs Shake Global Markets, But UK Avoids Worst Impact

Trump’s 50% Steel Tariffs Shake Global Markets, UK Temporarily Spared Key Points: The global steel market was rattled on Wednesday as former U.S. President Donald Trump’s newly signed 50% tariff on imported steel and aluminium officially took effect. Announced last week and confirmed by executive order on Tuesday, the move doubles the previous 25% duty,

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China Rejects Trump’s Claims of Geneva Trade Deal Violations, Accuses U.S. of Undermining Consensus

China Rebuts U.S. Claims of Geneva Trade Deal Breach, Accuses Washington of Undermining Global ConsensusF.M.I.E Sources – June 3, 2025 Key Points: China pushed back on Monday against accusations from Washington that it violated the Geneva trade deal, arguing instead that the United States has undermined the agreement. The sharp exchange marks a downturn in

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Business Travel Turbulence: Trade War Sends Industry Off Course

Key Insights: Confidence in the global business travel industry has sharply declined in 2025, with only 31% of surveyed professionals expressing optimism — down from 67% in November 2024. That’s according to a GBTA report reviewed by F.M.I.E Sources, which surveyed more than 900 travel professionals across North America and Europe. The drop in sentiment

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“Tesla Sales Surge in Norway as Rest of Europe Falls Behind”

Tesla Sales Skyrocket 213% in Norway Despite Europe-Wide SlumpF.M.I.E Sources OSLO – Tesla’s new car registrations in Norway soared 213% in May compared to the same period last year, defying a broader sales downturn across Europe. Data from the Norwegian Road Federation (OFV), cited by F.M.I.E Sources, shows Tesla sold 2,600 cars last month—up sharply

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