HANOI, Dec 3 : Fushan Technology, a subsidiary of Taiwanese electronics manufacturer Foxconn, is seeking a permit to expand production in Vietnam to make Xbox gaming devices and other electronic parts, according to a company document sent to Bac…
Category: 1. Iran
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Philippines’ slow growth raises chance of December rate cut, says central bank chief
MANILA, Dec 3 : A slower growth outlook for the Philippines raises the chances of another policy rate cut at a policy review next week, the central bank governor said on Wednesday.
Bangko Sentral ng Pilipinas Governor Eli Remolona said growth…
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Thai inflation negative again in November, industry sees floods trimming growth
BANGKOK, Dec 3 : Thailand’s annual headline inflation rate was negative for an eighth month in November, driven by falling energy prices and government support measures, but the commerce ministry said on Wednesday it expected consumer prices to…
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Marvell to buy chip startup Celestial AI for $3.25 billion, bullish on growth next year
SAN FRANCISCO, Dec 2 : Chipmaker Marvell Technology said on Tuesday it will buy semiconductor startup Celestial AI in a deal worth $3.25 billion and gave a bullish forecast for its next fiscal year.
Marvell’s shares were up about 13 per cent in…
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Oil settles slightly higher as Moscow peace talks fail to reach breakthrough
HOUSTON, Dec 3 : Oil prices settled higher on Wednesday after the U.S. and Russia failed to reach a deal to end the war in Ukraine that could have eased sanctions on Moscow’s oil sector, though gains were held back by fears of oversupply.
Brent…
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EU Agrees To Ban Russian Gas Imports By Autumn 2027
The accord marks a compromise between the member states and the European Parliament, which wanted the ban to come in sooner.
“Today, the Council presidency and the European Parliament’s representatives reached a provisional agreement on the…
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US Does Not Seek Real Talks: Iran Parliament Speaker
Addressing a press conference in Tehran on Tuesday, Mohammad Bagher Qalibaf said the 12-day US-Israeli aggression proved that Iran “neither surrenders nor retreats under threat.”
He added that the US “bombed the negotiation table” just…
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Tehran, Khartoum explore avenues to boost scientific ties
TEHRAN – The head of the Organization of Student Affairs, Saeed Habiba, and Sudan’s Ambassador to Tehran, Abdulaziz Hassan Saleh Taha, have explored ways to enhance scientific collaborations between the two countries.
During a meeting held on…
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Iranian Guitarist Held in Solitary Confinement
An Iranian musician and guitarist has been held in solitary confinement for eight days after being arrested at his home by intelligence …
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Kremlin aide: No breakthrough in Russia-US Ukraine peace negotiations
Five hours of talks between Russian President Vladimir Putin and top United States negotiators did not yield a breakthrough on a possible Ukraine peace deal, a Kremlin aide said early Wednesday, CNN reported.
US President Donald Trump’s…
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