escalates
By Liam Mo and Brenda Goh BEIJING (Reuters) -China said on Monday it has launched an investigation into Nvidia (NASDAQ:) over suspected violations of the country’s anti-monopoly law, a probe widely seen as a retaliatory shot against Washington’s latest curbs on the Chinese chip sector. The statement from the State…
By Rajesh Kumar Singh (Reuters) -A standoff between Air Canada and its pilots over a new labor contract escalated on Thursday, as the airline took the unusual step of saying Ottawa should be ready to intervene to head off a strike. The pilots’ union warned the federal government against such…
By Philip Blenkinsop and Nick Carey BRUSSELS (Reuters) – EU countries are wavering over whether to back additional tariffs on Chinese-built electric vehicles, highlighting Brussels’ challenge in building support for its largest trade case yet as Beijing threatens wide-ranging retaliation. Germany, whose carmakers made a third of their sales last…
The Russian Aerospace Forces are using a new munition in Ukraine that might change the situation on the ground.In June, Russian aircraft deployed for the first time the FAB-3000 M-54 glide bomb. Weighing thousands of pounds, the munition can prove quite destructive for Ukrainian military and civilian targets. Ukrainian outlets…