BAIC’s EV brand to launch first Huawei-backed sedan in ’24
BAIC BluePark New Energy Technology, the electric vehicle arm of Beijing Automotive Group (BAIC), is set to launch…
Browsing Tag
U.S Sanctions
Polymetal Intl. agrees to sell Russian assets at $3.69 bln
Polymetal International for precious metals announced on Monday that it had reached a $3.69 billion agreement to…
Nvidia’s China-specific AI chip to match Huawei’s pricing
Nvidia initiated pre-orders for a new AI chip tailored for China, with distributors setting its price to match a…
Huawei revenues hike by 4.8% to $24.7 bln in Q2 of 2023
Chinese tech giant Huawei announced on Friday its second-quarter overall revenue which grew by 4.8 percent…
Huawei announces half profit drop in Q1 of 2023
Chinese tech giant Huawei announced on Friday its profits of the first quarter of 2023, which saw a continue to…
Cuba lifts bank cash deposits in US dollars ban
Cuban banks are going back to accept cash deposits in U.S. dollars, as the Central Bank of Cuba (BCC) has lifted a…
Microsoft to pay over $3mln fines for violating US sanctions against Russia
Microsoft Corporation has agreed to pay over $3 million to settle a potential civil liability, for being accused of…
Russian oil exports to India erode decades-old dollar dominance
U.S. sanctions on Russia have begun to diminish the dollar's decades-old dominance of international oil trade as…
Russian economy records 2.1% low in 2022
Russian economy has declined by 2.1 percent last year, the Federal Statistics Service said on Monday, shrinking…
Russia mulls to sell wheat for Egypt using rubles instead of dollars
Russia is considering selling wheat to Egypt in exchange for Russian rubles in lieu of the U.S. dollar, Russian…
