According to a source familiar with the matter at hand, Intel Corp is close to acquiring Israel’s Tower Semiconductor for around $6 billion. The deal comes at a time when Intel is looking to advance its strategy of contract manufacturing chips… Read More ›
In a statement German Chancellor Olaf Scholz said, he expects clear steps from Russia to de-escalate a potential conflict with Ukraine, saying Germany and its Western allies are prepared for serious dialogue with Russia over European security. “We are ready… Read More ›
Although Russia and Ukraine hinted at new diplomatic efforts aimed at avoiding a conflict, two Ukrainian airlines have disclosed problems in securing insurance for some of their flights with foreign carriers beginning to avoid Ukrainian airspace. Ukraine’s biggest airline said,… Read More ›
In a significant development Turkish President Tayyip Erdogan landed in the United Arab Emirates marking his first visit to the Gulf state since 2013 underscoring greater economic cooperation between the two countries. According to a report from Emirati states news… Read More ›
In a statement global index provider MSCI Inc said, it was closely monitoring developments in Ukraine as well as access to the Russian equity market in the face of possible investment sanctions midst rising concerns of a potential Russian invasion…. Read More ›
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