As per a report by UN Nuclear watchdog, Iran has converted some of its enriched uranium to near weapons-grade. This provocation is however unlikely to wreck indirect talks between Iran and the U.S. to revive the 2015 Iran nuclear deal;… Read More ›
HR & Organization
US weighs dropping Iran’s IRGC from terror blacklist midst demands for crude oil
As per a source familiar with the matter at hand, the United States is considering removing Iran’s Revolutionary Guards from its foreign terrorist organization blacklist in return for Iranian assurances for reining in its elite force. According to the source,… Read More ›
Peace talks more realistic: Ukrainian President Volodymyr Zelenskiy
On Wednesday, Ukrainian President Volodymyr Zelenskiy said, peace talks between Ukraine and Russia were becoming more realistic although more time was required to hammer out a deal. According to Ukrainian officials, there are hopes that the conflict could end sooner… Read More ›
Repayment of $117M USD bond coupon in roubles would amount to sovereign default after grace period: Fitch
In a statement credit ratings agency Fitch said, if Russia were to repay the two U.S. dollar bond coupon maturing on Wednesday in roubles, it would amount to a sovereign default once the grace period expires. Western sanctions on Russia… Read More ›
ECB places EU resident Russians under surveillance
As per three sources familiar with the matter at hand, regulators at the European Union have told some banks to scrutinise transactions by all Russian and Belarusian clients, including EU residents, in order to ensure that they are not used… Read More ›
Intel to announce location of its new factories in Europe later today
Intel is scheduled to announce its investment plans for semiconductor research and manufacturing in Europe, suggesting that it has finalized locations of its new factories in Europe. In September 2021, Intel had unveiled plans to invest $95 billion in Europe… Read More ›
Germany to purchase 35 F-35s from United States
Germany has decided to purchase 35 U.S. F-35 fighter jets to replace its ageing Tornado fighters that are capable of delivering a nuclear bomb. The development sees a significant shift in German security policy, including a pledge to reach NATO’s… Read More ›
Hacking group Anonymous targets Rosneft’s German subsidiary
The German subsidiary of Russian energy giant Rosneft has reported a cyber attack, said a report from die Welt citing Germany’s BSI cybersecurity watchdog. The report states, BSI had offered support to mitigate the attack and had issued a cybersecurity… Read More ›
US federal court summon ZTE for violating probation in visa fraud
On Monday, a U.S. federal court in Texas has summoned lawyers for ZTE Corp for a hearing whether the Chinese telecommunications equipment maker violated probation in connection with an alleged conspiracy to commit visa fraud. The company is on probation in… Read More ›
Major Apple supplier Foxconn halts Shenzhen plant to comply with local COVID-19 policies
On Monday, Foxconn, a major Apple Inc supplier and iPhone assembler said, it has suspended operations in the Chinese city of Shenzhen to comply with the local government’s COVID-19 control policies. The development comes midst Shenzhen tightening its COVID-19 restrictions after… Read More ›
