NATO Signs $1.2 Billion Contract for 155mm Artillery Ammunition to Boost Ukraine's Depleted Supplies

NATO Signs $1.2 Billion Contract for 155mm Artillery Ammunition to Boost Ukraine's Depleted Supplies

NATO has signed a $1.2 billion contract for thousands of artillery shells, some of which will be delivered to Ukraine after it complained of ammunition shortages amid war with Russia.


Here's Why EU's Confiscation of Russian Central Bank Assets Is Highly Unlikely

The European Union (EU) is unlikely to seize the frozen assets of the Russian central bank in Europe, according to senior EU officials.

Warren Buffett–Backed BYD Beats Volkswagen as China’s Biggest Carmaker

Warren Buffett-backed BYD has seized the top position in China's car market, ending Volkswagen's 15-year reign.

Russia Orders Apple to Pay $13.6 Million Fine for Alleged App Market Abuse

US tech giant Apple has paid a fine of $13.65 million imposed by Russia's FAS antitrust agency for the company's alleged abuse of its dominant market position concerning in-app payments.


Latest News

China Snubs Ukraine's Volodymyr Zelenskyy in Davos as It Continues to Side With Russia's Vladimir Putin
Ukraine's President Volodymyr Zelenskyy faced disappointment as his attempts to secure a meeting with Chinese officials during the annual World Economic Forum in Davos, Switzerland, were unsuccessful.
US Designates Houthis as Terrorists, Launches Fresh Strikes in Yemen After Rebels Hit Another US-Operated Ship
The US has put Houthi rebels back on a list of terrorist organizations following the Yemen-based group's attack on another US-operated vessel in the Red Sea region.
Shein Faces Scrutiny From China's Internet Regulator Ahead of US IPO
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At Davos, Ukraine's Volodymyr Zelenskyy Lashes Out at Russia's Vladimir Putin, Urges Allies to Step up Its Support for Kyiv
For the first time since the start of Russia's invasion, Ukraine's President Volodymyr Zelenskyy has attended the annual World Economic Forum in Davos, Switzerland, in person.
US Launches Additional Strikes Against Houthis in Yemen as Rebels Hit Greek Cargo Ship With Missile in Red Sea
The US military launched new strikes in Yemen on Tuesday, targeting anti-ship ballistic missiles in a part of the country controlled by Houthi rebels.
North Korea's Second Spy Satellite Launch Ends in Catastrophe: Mid-air Explosion Shatters Pyongyang's Ambitions
Another meeting between North Korea and Russia has fueled speculations about a potential arms deal between the two countries.
US Delegation Sent by Joe Biden Arrives in Taiwan Despite China Opposing Any Official Exchanges Between the 2 Countries
The unofficial delegation of former US top officials sent by President Joe Biden arrived in Taiwan on Sunday for a three-day trip to exchange views on bilateral issues and prospects.
Oil Prices Surge After US, Britain Strike Back at Houthi Rebels in Yemen
Oil prices jumped 2% on Friday as the United States (US) and Britain launched air and sea strikes in Yemen against the Houthi militants.
Joe Biden to Send High-Level Delegation to Taiwan After Its Election That Might Anger China
President Joe Biden is set to dispatch an unofficial delegation of former top officials to Taiwan following its presidential election, a move that could further strain the US-China relations.
Russia Is Spending Big Chunk of Money on Defense That It's Draining the Rest of the Economy
A former central bank official in Russia said the war in Ukraine is taking much of the nation's financial resources.
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