Headlines

Nokia China exit deepens telecom split as Nvidia bets on 6G AI

Finnish telecom equipment maker Nokia is walking away from mainland China after two decades of building out its networks there, closing nearly every remaining site by year-end in the clearest sign yet that Europe and China are severing their telecom supply lines. Nokia is

Asia

Once its saviour, US puts Kuwait in Iran's crosshairs

Like many Kuwaitis, Salem Al-Ghanem still vividly remembers Iraqi tanks rolling through his hometown when his small Gulf state faced extinction had US troops not liberated it from invasion. Now, decades later and six months into the US-Iran war, some are seeing those same

Join new Iran sanctions or leave the dollar system: Bessent

With the United States unable to militarily defeat Iran in President Donald Trump’s illegal US-Israeli war of choice, Treasury Secretary Scott Bessent on Monday escalated the administration’s economic attacks on Tehran, warning countries and companies around the world that

Asia

Iran vows to retaliate after US widens sanctions

By Yasmine Ghania and David Lawder CAIRO/WASHINGTON, Aug 25 (Reuters) - Iran promised to retaliate against expanded U.S. economic sanctions that the Americans said would cut off Iran's economic lifeline, with Tehran expressing confidence that major trading partners would resist