Business

Britain's Ofcom revoked RT's broadcasting license after conducting 29 investigations into the channel's impartiality. The regulator cited concerns about biased reporting on the Ukraine invasion and RT's Russian state funding as key reasons for the decision.

Britain's Ofcom revoked RT's broadcasting license following 29 investigations into the network's coverage of the Ukraine invasion. The decision was based on concerns about impartiality, previous violations, and RT's Russian state funding. Ofcom ruled that RT's parent company is no longer fit to hold a UK broadcast license.

President Biden's Asia pivot faces challenges as Russia's Ukraine invasion complicates diplomatic dynamics. Scheduled to speak with Xi Jinping, Biden aims to manage US-China competition while addressing global tensions and Russia's ongoing conflict.

President Biden aims to refocus US foreign policy towards Asia, challenging China's growing influence. However, Russia's invasion of Ukraine complicates this strategic pivot, forcing a delicate diplomatic approach as Biden prepares for a crucial phone call with Xi Jinping.

Intel CEO Pat Gelsinger announced an ambitious $88 billion plan to invest across Europe's semiconductor value chain. The decade-long strategy involves establishing chip production sites and R&D centers in Germany, Ireland, France, and Italy, responding to the growing global demand for advanced semiconductors.

Intel CEO Pat Gelsinger announces an ambitious $88 billion investment across Europe to address semiconductor industry imbalances. The plan includes chip production sites and R&D centers in Germany, Ireland, France, and Italy, responding to the growing global demand for semiconductors over the next decade.

Russia's invasion of Ukraine has forced NATO to reevaluate its strategic approach to European security, revisiting a 1997 founding document that once envisioned mutual cooperation and trust between NATO and Russia, now dramatically transformed by current geopolitical tensions.

Russia's invasion of Ukraine has prompted NATO to fundamentally reconsider its European military positioning. The 1997 NATO-Russia Founding Act, which once promised mutual cooperation, now seems obsolete as geopolitical tensions escalate and strategic alignments transform.

The Council of Europe has expelled Russia from its human rights body in response to Moscow's invasion of Ukraine. The 47-nation organization's committee of ministers officially terminated Russia's membership, symbolically removing the Russian flag from its Strasbourg headquarters.

Asian shares rose ahead of the Federal Reserve's anticipated interest rate hike, with Japan's Nikkei 225 jumping 1.7% and most regional indexes gaining ground. The Fed is expected to increase its key short-term rate by 0.25 percentage points, marking the first increase since 2018 in an effort to combat high inflation.