Business

Iranian media revealed the development of a new loitering munition—colloquially known as “suicide” or “kamikaze” drones—over the weekend, noting its mild resemblance to Russia’s Lancet drone, which has seen combat in Syria and Ukraine since…

ByteDance, the Chinese parent company of TikTok, would rather close down TikTok in the US than sell it if legal means to fight a proposed US ban fail, Reuters reported, citing four unnamed sources. A sale is unlikely as the algorithms…

Russia’s Finance Ministry along with the Central Bank of Russia will propose several new financial initiatives to BRICS. The proposal aims to improvise and change the international monetary and global financial system as we know it. Russia…

In what may well be a massive development for the BRICS alliance, both Iran and Russia have agreed to trade in local currencies, ditching the US dollar. Indeed, Reuters reported that the two nations have finalized a deal that will have a…

FPV drones are a signature weapon of the Ukraine conflict, and jammers to stop them are a matter of life and death. Both sides have fielded jammers and drone guns firing a beam of radio waves to knock out drone communications, said to take…

China’s exporting of two rare materials essential for manufacturing semiconductors fell to zero in August, a month after Beijing imposed curbs on sales overseas, citing national security. China produces about 80% of the world’s gallium and…

The Chinese-manufactured "Mate 60 Pro" smartphone by Huawei runs on a groundbreaking chip produced right within China, marking the debut of a processor employing highly advanced 7 nm-(nanometer) technology. This adoption underscores the…

The US dollar is facing challenges from developing countries that are threatening its status as the global reserve currency. A handful of alliances in Asia, Africa, and South America are looking to end dependency on the U.S. The BRICS and…

New York: CNN — Shares of Apple fell by 2.9% on Thursday following reports that China plans to expand a ban on the use of iPhones to government-backed agencies and companies. Investors are fretting over the ability of the world’s…

Saudi Arabia is mega-city project is reportedly seeking to raise a 10 billion riyal, or $2.7 billion, loan to help fuel the development of the kingdom's futuristic city in the desert. Neom, the company behind the venture, is turning to…