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 ›
The UK tax office has seized three Non-Fungible Tokens (NFT) as part of an investigation into an alleged VAT fraud involving 250 fictitious companies. According to HMRC, three people have been arrested on suspicion of attempting to defraud HMRC of… Read More ›
India’s state-run insurance firm Life Insurance Corporation of India (LIC) is set to launch an initial public offering of $8 billion against a 5 per cent stake of the company and it has filed draft papers for the same with… Read More ›
According to sources familiar with the matter at hand, the White House has issued warnings to the chip industry to diversify its supply chain in case Moscow decides to retaliate against threatened U.S. export curbs by blocking access to key… Read More ›
On Monday, the U.S. Commerce Department added 33 Chinese entities to its ‘unverified list’, saying it was unable to verify the legitimacy and reliability of those entities in relation to their use of U.S. exports. The Chinese entities includes listed… Read More ›
Despite a global chip scarcity, China’s largest chipmaker, Semiconductor Manufacturing International Corporation, recorded record revenue and profit last year. SMIC’s sale for 2021 was $5.44 billion, up 39 per cent year over year, the greatest rate of increase since 2010…. Read More ›
The heads of the largest oil and gas firms of the world have warned that people should get themselves ready to pay high prices for energy for years to come. This comment from the top executives of energy companies also… Read More ›
Binance, one of the world’s largest cryptocurrency companies, will invest $200 million in Forbes, in the latest twist in the 105-year-old history of the media brand. Forbes, known for its billionaire rankings, said the agreement will help it become a leader… Read More ›
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