U.S.

Analysis - Nuclear Submarine Plan Aims to Give Australia Strategic Edge to Deter China

Australian nuclear submarines are key to defending the country’s 36,000 kilometres of coastline and maintaining an edge against China, whose growing military presence means conflict can erupt without notice, defence officials and government advisers said. The shift from Australia’s diesel-electric fleet to nuclear-powered subs brings additional range, stealth and strike capability – crucial capabilities given […]

FBI Chief Says TikTok ‘Screams’ of US National Security Concerns

China’s government could use TikTok to control data on millions of American users, FBI Director Christopher Wray told a U.S. Senate hearing on Wednesday, saying the Chinese-owned video app “screams” of security concerns. Wray told a Senate Intelligence Committee hearing on worldwide threats to U.S. security that the Chinese government could also use TikTok to […]

Dutch Trade Minister: China Protest Over Export Rules Is 'Understandable'

The Netherlands’ Trade Minister said a Chinese protest over the Dutch decision to impose restrictions on computer chip technology exports was “understandable”, but on Thursday said she expected diplomatic relations would remain good. Liesje Schreinemacher was speaking in Stockholm after the Netherlands said on Wednesday it would follow the U.S. in imposing stricter export rules. […]

EU Companies Can Get as Much in EU Aid as US Subsidies Under Looser Rules

EU businesses can get as much government funding as from a U.S. green energy subsidy package, under looser European Commission rules announced on Thursday aimed at keeping them in Europe. The rules target investments in renewable energy, decarbonising industry, hydrogen or zero-emission vehicles in a bid to counter the lure of the U.S. Inflation Reduction […]

India, US to Sign Memorandum of Understanding on Semiconductors

The United States and India will sign a memorandum of understanding on semiconductors as both countries discuss coordination of investment and continue dialogue around policies to spur private investment, U.S. Commerce Secretary Gina Raimondo said on Thursday. Raimondo, who is on a four-day trip to India, is accompanied by the chief executive officers of 10 […]

Exclusive - Hydrogen Firm Thyssenkrupp Nucera Says IRA Spurring U.S. Interest

German hydrogen firm Thyssenkrupp Nucera has seen customer interest soar in the U.S. as a result of the Inflation Reduction Act (IRA) and may create local production capacity with Italy’s De Nora if the market takes off. Thyssenkrupp Nucera held talks about several potential green hydrogen projects “with very concrete timelines” during a trip to […]

U.S. Chamber of Commerce Calls for AI Regulation

The U.S. Chamber of Commerce on Thursday called for regulation of artificial intelligence technology to ensure it does not hurt growth or become a national security risk, a departure from the business lobbying group’s typical anti-regulatory stance. While there is little in terms of proposed legislation for AI, the fast-growing artificial intelligence program ChatGPT that […]

CIA Future Will Be Defined by US Technology Race with China, Director Says

The U.S. Central Intelligence Agency’s future will be defined by America’s ongoing technology race with China, agency director William Burns said on Wednesday during a Senate hearing. Burns’ remarks followed the release of the Annual Threat Assessment of the U.S. Intelligence Community, which pointed to China as the biggest national security threat facing America. The […]

Reliance Jio to Buy U.S.-based Mimosa Networks for $60 Million

Jio Platforms, owned by Indian conglomerate Reliance Industries Ltd, will buy communications equipment maker Mimosa Networks for $60 million to bolster its expanding 5G and broadband services, the companies said on Thursday. The deal is between Radisys Corp, a unit of Jio Platforms, and US-based Airspan Networks Holdings, which owns Mimosa. Mimosa has a portfolio […]