Nexperia China tells staff to follow domestic orders over Dutch HQ
Nexperia’s China unit has told its employees to follow directives from local management and disregard instructions from the company’s Dutch head o...
The United States, on 30 July, announced sweeping sanctions on more than 115 individuals, entities, and vessels tied to Iran, weeks after bombing key nuclear sites, as part of its intensifying pressure campaign on Tehran.
The latest sanctions, described by the Treasury Department as the most significant since 2018, focus heavily on the shipping empire of Mohammad Hossein Shamkhani, the son of Ali Shamkhani, an adviser to Supreme Leader Ayatollah Ali Khamenei. According to US officials, Shamkhani operates a vast web of container ships and oil tankers through intermediaries, enabling the export of Iranian and Russian oil while generating billions in profits for the regime.
Treasury accused Shamkhani of exploiting personal ties and systemic corruption within Tehran to prop up the Islamic Republic and its regional activities. His network allegedly spans 17 countries, including Italy, Panama, and Hong Kong.
In total, Washington blacklisted 15 shipping firms, 52 vessels, 12 individuals, and 53 entities. A senior US official noted the action was calibrated to avoid disrupting global oil markets, saying it targets specific actors involved in sanctions evasion.
Although the sanctions will affect both Iran and Russia, the US stressed the move was primarily aimed at Tehran, citing Shamkhani’s direct ties to the Supreme Leader and his family’s prior involvement in sanctions breaches.
The European Union had already sanctioned Shamkhani earlier in July for his role in facilitating Russian oil exports. His father, Ali Shamkhani, was sanctioned by the US in 2020.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
Nexperia’s China unit has told its employees to follow directives from local management and disregard instructions from the company’s Dutch head office, marking a rare public split between a multinational firm and its overseas subsidiary.
Russia said that its Foreign Minister, Sergei Lavrov, and U.S. Secretary of State, Marco Rubio, had a “constructive” conversation as they began preparations for an upcoming summit between Presidents Vladimir Putin and Donald Trump.
Iranian Foreign Minister Abbas Araghchi spoke to his Egyptian counterpart Badr Abdelatty in a telephone conversation over the weekend where issues of mutual interest discussed.
The Communist Party of China has opened the fourth plenary session of its 20th Central Committee in Beijing, as Xi Jinping outlined the country’s achievements over the past five years and presented the draft framework for the next phase of national development.
King Charles III visited the scene of Manchester synagogue attack on Monday where he met with and spoke to eye witnesses of the incident.
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