Recent Posts - page 230

• Italy woos Intel with billions of euros, favorable terms, for domestic chip plant

  By admin1 on March 2, 2022 • ( 0 )

  

  As per a draft decree, Italy plans on allocating $4.6 billion (4 billion euros) until 2030 towards domestic production of chips as it attempts to attract more investment from tech companies including Intel to invest in its economy. The Italian… Read More ›

• Netflix to acquire Finland’s publicly listed mobile gaming company Next Games

  By admin1 on March 2, 2022 • ( 0 )

  

  In a statement on Wednesday, Netflix said, it has offered to acquire Finnish Next Games, a publicly listed mobile games company. “We are excited for Next Games to join Netflix as a core studio in a strategic region and key… Read More ›

• US nuclear power industry lobbying to continue import of cheap Russian uranium

  By admin1 on March 2, 2022 • ( 0 )

  

  According to two sources familiar with the matter at hand, the U.S. nuclear power industry is lobbying the White House to continue the import of uranium from Russia despite sanctions saying cheap supplies of the fuel is key to keeping… Read More ›

• Russian ruble races past 112 to the dollar

  By admin1 on March 2, 2022 • ( 0 )

  

  On Wednesday, the Russian rouble weakened further and slipped past 100 to the dollar, heading to record lows. Stock market in Russia continue to be closed. The Russian economy has come under the full weight of Western sanctions following the… Read More ›

• Russia’s biggest lender Sberbank closes EU operations

  By admin1 on March 2, 2022 • ( 0 )

  

  In a statement on Wednesday, Russia’s biggest lender Sberbank said, it was exiting from almost all European markets following threats to its staff, property and large cash outflows. The development comes in the wake of the bank reporting a record annual… Read More ›

• Sanctions against Russia fueling growth of de-dollarisation, SWIFT alternatives

  By admin1 on March 1, 2022 • ( 0 )

  

  With Western countries tightening the noose on Russia over its invasion of Ukraine, Moscow’s allies in the emerging markets have begun exploring channels for trade and finance. Members of the erstwhile BRICs group, Brazil, India and China, are treading cautiously… Read More ›

• EU plans virtual summit with China on April 1

  By admin1 on March 1, 2022 • ( 0 )

  

  In a statement the Vice-President and EU trade chief Valdis Dombrovskis said, on April 1, the European Union will hold a summit with China in an attempt to diffuse growing tensions between the two. “We know we are in a… Read More ›

• Western companies largely exiting from Russian market midst sanctions

  By admin1 on March 1, 2022 • ( 0 )

  

  The number of Western companies looking to exit from Russia is growing with energy giants BP, Shell, HSBC and the world’s biggest aircraft leasing firm AerCap joining the list. Following Russia’s invasion of Ukraine, Western countries have slapped punitive economic… Read More ›

• EU aims to link energy grid with Ukraine

  By admin1 on March 1, 2022 • ( 0 )

  

  Energy ministers from European Union countries have agreed to urgently link their power system to Ukraine’s grid. The move would increase Europe’s energy independence from Russia following Russia’s invasion of Ukraine. The invasion by Russia, Europe’s top gas supplier, has… Read More ›

• Russian Users Who Have Been Sanctioned Blocked By Cryptocurrency Exchange Bianance 

  By admin2 on February 28, 2022 • ( 0 )

  

  After Ukraine asked for a restriction on Russian users at key digital currency platforms, crypto exchange Binance told Reuters on Monday said that it was freezing the accounts of any Russian clients that have been targeted by sanctions, but it would not freeze… Read More ›

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