16:30
Trade agreement

UK nears major trade deal with Gulf countries

Chancellor Rachel Reeves says the UK is close to securing a trade agreement with six Gulf countries, including Qatar and Saudi Arabia, as part of its post-Brexit drive to expand global trade ties.

22:30
Chips

Xiaomi to invest nearly $7 billion in chip technology

Xiaomi CEO Lei Jun announced a $6.9 billion investment plan over the next decade to develop advanced chips, unveiling the new Xring O1 system-on-chip this Thursday, aiming to boost the company’s high-end smartphone strategy and reduce reliance on Qualcomm.

13:24
sanctions

EU plans new sanctions against Russia, Ursula von der Leyen says

The EU is preparing new sanctions to increase pressure on Russia. The package targets Nord Stream pipelines, expands sanctions on shadow fleet vessels, lowers the oil price cap, and tightens restrictions on Russia’s financial sector, EU Commission President Ursula von der Leyen said.

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