In a significant development, the United States, Britain, and Australia agreed to collaborate on developing hypersonic weapons and electronic warfare capabilities. The new AUKUS alliance, launched in September 2021, prompted Australia to cancel a contract for a conventional French submarine… Read More ›
In a tweet, Elon Musk said, he is giving some “serious thought” on building a new social media platform. This was in response to a Twitter user’s question on whether he would consider building a social media platform based on… Read More ›
In a report Caixin said, China’s Shimao Group Holdings has put on sale all of its real estate projects, including residential and commercial properties. The development marks the Chinese property developer accelerating asset disposals following cash shortages. Shimao, which defaulted… Read More ›
On Monday, the CEO of Deutsche Telekom, Vodafone, and 11 other major European telecoms companies said, U.S. tech giants should bear some of the costs of developing telecom networks in Europe based on the fact that they use them so heavily. The… Read More ›
The Joe Biden Administration has defended a proposal by ConocoPhillips for developing oil fields in Alaska, backing the drilling project which was approved under the Trump Administration. “A Wednesday filing by the U.S. Department of Justice continues to defend a… Read More ›
With Iran resuming enrichment of 20% uranium at an underground nuclear facility, in breach of the 2015 nuclear pact and potentially complicating efforts by U.S. President-elect Joe Biden to rejoin the deal,Israeli prime minister Benjamin Netanyahu stated, the move is… Read More ›
In an interview to Danish business daily Finans, Maersk’s CEO Soren Skou stated, the strict enforcement of competition rules in the European Union is acting as a barrier to developing global champions who can compete with U.S. and Chinese companies…. Read More ›
In a statement, Indonesia’s transportation minister stated, in 2020, Jakarta will offer more airport management projects to foreign investors. On Thursday, for the first time, Indonesia entered into a 25 years agreement with PT Cardig Aero Services and Singapore’s Changi… Read More ›
A significant chunk of this investment will be channelized towards developing electric and hybrid cars. Fiat Chrysler has pledged to spend at least $5.7 billion (5 billion euros) on developing new models, including engines, in Italy between 2019 to 2021;… Read More ›
The project will see the export of around 14 million tons of LNG per year. Mitsubishi’s stake in the project is 15%. On Tuesday, Mitsubishi Corp stated, it will join Royal Dutch Shell in developing the LNG Canada project in… Read More ›
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