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...The move is the first time Brussels has used its new anti-foreign subsidy rules to justify a raid on a company....
...Nuctech, the Chinese security equipment supplier raided by EU authorities, has won more than 160 public tenders in Europe over the past decade despite national security warnings about the company’s products...
...These debts include mortgages and loans for cars, rental equipment and yachts....
...year on exports of advanced semiconductor production equipment to China....
...Half of these have focused on opportunities in asset-backed financing....
...The US has since 2020 warned of “its involvement in activities contrary to the national security interests of the US” and “security risks posed by Nuctech equipment . . . given the company’s control by the...
...national security....
...The strategy, adopted on Tuesday, includes targets to purchase 40 per cent of defence equipment in a “collaborative manner” by 2030 as well as to procure half of national defence expenditure within the EU...
...His chief of staff Andriy Yermak said Russian sleeper agents had tried to storm the presidential office in the first hours of Moscow’s operation with the intent to kill Zelenskyy....
...Such controls are a national competence but Brussels in January put forward proposals to play a bigger role....
...The company on Wednesday reported a $355mn net loss in the first quarter....
...Faced with tightening national budgets, member states have reduced a common fund designed to spur innovation in the bloc from €10bn to €1.5bn — and have ensured that it can only be used for defence-related...
...“Should there be some kind of legislation that in certain times of crisis European defence producers have first access to production equipment to buy that?...
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...Paramount questioned the financing of Apollo’s bid and refused to engage with the New York-based private equity group. The New York Times first reported the talks between Sony and Apollo....
...China’s factory activity has expanded for the first time in six months in a positive sign for Beijing as the world’s second-largest economy grapples with a deep property slowdown and weak investor confidence...
...It would be the first time the US has targeted a unit of the IDF directly....
...“Very suspicious at first glance.”...
...“Brussels says: ‘pay first, get refunded later’,” said one EU official involved in the negotiations....
...10-year forecasts since they were first published in 2012....
...Brussels has raided a Chinese security equipment supplier, deploying new anti-foreign subsidy powers in a move that will further inflame tensions between Brussels and Beijing ahead of a planned visit by...
...He adds that major western semiconductor equipment manufacturers cannot sell their most advanced equipment to China because of US restrictions....
...In the first two months of the year, Ukraine received $1.2bn in grants and concessional financing from Japan, Norway and Spain, the ministry said, adding that talks with more allies were under way....
...That’s why the financing must be continued.”...
...Telecoms equipment maker Spirent said this week it had agreed to be bought by Nasdaq-listed Viavi for about £1bn....
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