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China's largest chipmaker reported revenue rose 42% to $1.9 billion in the second quarter, generally in line with expectations
 "China's largest chipmaker warns of rapid freeze as smartphone demand skids")
Last quarter's drop in the US gross domestic product the broadest gauge of economic output does not likely signal the start of a recession.
 "US economy contracted by 1.5% in Q1, but consumers kept spending")
The United States expanded export controls on Russia's and Belarus' access to everything on the US commerce control list
 "US expands export restrictions for Russia, Belarus: Commerce Dept")
Oil prices rose to an eight-week high on Wednesday as U.S. crude exports plunged and on signs of a speedy economic recovery and upbeat forecasts for energy demand
 "Oil prices rise to 8-week high on demand hopes; US export decline")
Poonawalla had said earlier that US curbs were hampering scale-up of Novavax vaccine at Pune. Serum has collaborated with Novavax of US to make its vaccine here and supply to Covax at $3 a shot
 "Adar Poonawalla urges US Prez to lift ban on export of vaccine raw material")
BEIJING/SHANGHAI (Reuters) - Alibaba <9988.HK> and JD.com said the United States was the top seller of goods to China during the Singles' Day shopping extravaganza that generated about $116 billion in merchandise volume for the pair.
 "Alibaba, JD.com say US was top seller to China during Singles' Day event")