According to three sources familiar with the matter at hand, the Biden’s Administration has prepared a package of sanctions against Russia that includes blocking U.S. financial institutions from processing transactions for major Russian banks in an effort aimed at crippling… Read More ›
Should an agreement be achieved on resurrecting Iran’s nuclear deal with world powers, OPEC+ will attempt to integrate Iran into its oil supply-limiting agreement, according to sources close to the organization, in order to avoid market share rivalry that may… Read More ›
In a statement a team of quantum computing engineers from Toshiba Corp, JPMorgan Chase & Co and Ciena Corp said, they have successfully demonstrated the means of protecting a communication network on a blockchain using a powerful, newly-developed encryption network. According… Read More ›
Ukraine’s defense ministry and two banks were subject to cyberattacks with their online networks overwhelmed by the attacks. Ukraine’s information security centre pointed the finger at Russia. “It is not ruled out that the aggressor used tactics of little dirty… 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 ›
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 ›
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 ›
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 ›
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 ›
According to US-based sources, Finland is set to sign a formal purchase agreement for F-35 fighter jets which could be announced by this weekend, bringing the fifth-generation stealth fighters closer to being deployed on Russia’s northern flank. In December 2021,… Read More ›
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