According to proposed legislation from the European Commission, Amazon, Microsoft, and other cloud and data processing service providers would be required to include measures to prevent non-EU governments from getting unauthorised access to EU data. The Data Act, which was… Read More ›
Even as the European Union, the United States, and Britain announce new sanctions on Russia following Moscow’s move to recognize two breakaway provinces in Ukraine as independent entities, their primary target appears to be the ability of Russian banks to… Read More ›
In a statement the Kremlin said, Russian President Vladimir Putin has ratified treaties of friendship with two Ukrainian breakaway republics. The move will now allow Moscow to deploy troops, build military bases, and boost economic integration. The development comes midst… Read More ›
Britain has imposed sanctions on Russian billionaires including Gennady Timchenko who have close links with Vladimir Putin. The move comes after Russian President Vladimir Putin ordered troops to deploy in the two breakaway regions of eastern Ukraine following their claims… Read More ›
On Wednesday, Japanese Prime Minister Fumio Kishida announced sanctions against Russia over its actions in Ukraine, saying Moscow’s moves are unacceptable violation of Ukrainian sovereignty and international law. Japan’s sanctions include prohibiting the issuance of Russian bonds in Japan and… Read More ›
In a statement Canadian Prime Minister Justin Trudeau announced the country’s first round of economic sanctions on Russia after Moscow recognised the separatist regions of Donetsk and Luhansk in Ukraine as being independent. In 2014, Russian-backed separatists in Donetsk and… Read More ›
Fears that the Ukraine-Russia crisis would impair global supplies are driving up oil and gas prices. On Tuesday, the price of Brent oil, a global benchmark, hit a seven-year high of $99.38 a barrel. After recognizing two rebel-held territories in… Read More ›
According to a government-backed analysis, women currently hold nearly 40 per cent of board posts at the UK’s largest companies. According to the FTSE Women Leaders Review, 414 women served on the boards of FTSE 100 companies last year, up… Read More ›
The global supply of natural diamonds has reached its highest point and it is likely to stay constant over the next several decades, according to the CEO of mining behemoth De Beers. The executive of the global diamond seller also predicted that the industry will expand… Read More ›
Swiss banking giant Credit Suisse was dragged into a dirty money scandal following news reports of the Swiss bank managing the funds of human rights abusers, fraudsters and businessmen who had been placed under sanctions. A source had leaked information on… Read More ›
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