Ericsson said on Monday it will gradually wind down business activities in Russia over the coming months as the Swedish telecoms equipment maker completes its obligations to customers. The company, which suspended its business in Russia indefinitely in April, said it has about 400 employees in Russia and would provide financial support to affected employees. […]
Russia-Ukraine
Dell Technologies Inc. said on Saturday it had ceased all Russian operations after closing its offices in mid-August, the latest in a growing list of Western firms to exit Russia. The U.S. computer firm, a vital supplier of servers in Russia, has joined others in curtailing operations since Moscow sent tens of thousands of troops […]
In an attempt to warn about the current global economic situation, Huawei founder Ren Zhengfei is urging big and small businesses to focus on surviving, as the worse is yet to come. Global tensions are rising, and China, as a powerhouse, is playing its cards to show its powerful stance. Yet, could this be at […]
Britain on Wednesday said it had launched talks with Kyiv over removing barriers digital trade as part of its efforts to support Ukraine following Russia’s invasion of the country. Britain in May removed all tariffs on Ukrainian goods, and is now looking to smooth trade in the digital sphere. “The UK stands shoulder to shoulder […]
The Russian invasion of Ukraine has tested the U.S. geopolitical caliber and superiority as a globally renowned powerhouse. With Russia’s condemning intrusion on Ukraine’s sovereign dominion, the U.S. played the field through economic sanctions against Russia to force some influence on Russian President Vladimir Putin. Yet, in March, it appeared that the U.S. decided to […]
Video streaming service Twitch, social network Pinterest, holiday rental company Airbnb and United Parcel Service (UPS) were all fined by a Moscow court on Tuesday for allegedly refusing to store Russian citizens’ personal data in Russia. Moscow has clashed with Big Tech over content, censorship, data and local representation in a simmering dispute that has […]
Canada on Monday announced more measures in response to Russia’s invasion of Ukraine, including additional sanctions and a ban on the export of technologies that could help improve Russia’s defense manufacturing capability. The new sanctions would target six individuals and 46 entities linked to the Russian defence sectors, 15 Ukrainians supporting Russia, and 13 individuals […]
The world’s Big Tech giants, Alphabet, Amazon, Meta, Apple, and Microsoft have played a vital role in tailoring the public’s opinion that the crisis between Russia and Ukraine was ignited. When the world was comprehending the sudden Russian invasion of Ukraine, the American tech industry’s leading tech companies were preparing to fight with Russia on […]
The White House is working to put advanced anti-ship missiles in the hands of Ukrainian fighters to help defeat Russia’s naval blockade, officials said, amid concerns more powerful weapons that could sink Russian warships would intensify the conflict. Ukraine has made no secret it wants more advanced U.S. capabilities beyond its current inventory of artillery, […]
War has always had a rippling effect on geopolitics and global economies, more so than ever in today’s interconnected and globalized world. India, which has maintained a friendly political relationship with Russia since 1970, finds itself at a crossroads in the wake of recent global events. As the Russian Ukrainian war rages on, previously well-aligned […]