The bill would allow the U.S. Department of Commerce’s SelectUSA program to develop new strategies to attract foreign investment to the U.S. semiconductor manufacturing sector.

“While the company understands this is a complex humanitarian crisis, most migrants are not crossing the border on trains,” Union Pacific said in a statement.

The attacks in the Red Sea, which handles about 12% of world trade as a key waterway for goods and energy, have emerged as a fresh threat to global supply chains.

The acquisition is a further consolidation of the industry in the United States, which is now dominated by three major companies: Cleveland-Cliffs, Nucor and Steel Dynamics.

BP is the first oil company to directly halt its own shipping, after five major ocean carriers halted service through The Bab al-Mandab strait.

Shanghai Shanshan Lithium Battery Material Technology Co. Ltd has reserved a plot to construct a plant in the GigaVaasa industrial zone on the western coast of Finland.

The senior vice president of renewables at TotalEnergies, Vincent Stoquart, said that the venue will be made up of a solar plant as well as a 500-megawatt-hour battery storage system.

About 17,000 ships and 10% of global trade pass every year through The Bab al-Mandab strait, also known as the Gate of Tears, which is only 20 miles (32km) wide.

The California Public Utilities Commission agreed to extend the shutdown of the state’s last functioning nuclear power plant through 2030 instead of closing the venue down in 2025.

From December 15, France is offering a variable rebate based on household income on cars costing less than €47,000.