Boeing is selling three subsidiaries—Wisk Aero, SkyGrid, and Insitu—to Archer Aviation in exchange for a 19.75% stake in Archer to focus on core aerospace operations.
Sitronics KT and Emperium Group are developing semi-autonomous car and passenger ferries to modernize the Ob River crossing in the Yamal-Nenets Autonomous District. The project aims to enhance fleet modernization, increase throughput, extend the navigation season, and improve transport safety in the Far North.
Aave Labs' UK subsidiaries received FCA cryptoasset registration, complementing its Irish license. This enables zero-fee fiat-to-stablecoin services via the Push protocol, designed as a regulated gateway to Aave's lending market.
The US Commerce Department issued new guidance to close a loophole that may have allowed advanced AI chips, including Nvidia and AMD processors, to be exported to Chinese entities outside China for nearly a year.
Prominent Chinese scientists, including professors and deans, are facing accusations of publishing fraudulent papers in prestigious Nature journals. These allegations, spreading rapidly on social media, challenge the credibility of elite scientific publications and their role in academic advancement in China.
Since 2023, Hebei Province has attracted over 800 central enterprise headquarters and subsidiaries. Key Beijing non-capital functions are relocating to Xiong'an New Area, with major companies like China Satcom, China Huaneng, and Sinochem Group establishing operations. Hebei is also becoming a hub for technology transfer and advanced manufacturing.
A Taiwanese company with mainland China subsidiaries has fired the nephew of Taiwan’s interior minister, Liu Shyh-fang, whom Beijing blames for Taipei’s hostile cross-strait policies. In a statement issued on Wednesday night, a Jiangxi-province-based subsidiary of Taiwan’s Long Time Technology Co. Ltd said Yen Wen-chun had been dismissed from all positions at the firm and its mainland units, effective April 7. Yen is a nephew of Liu, who is on Beijing’s sanctions list for allegedly undermining...
A Taiwanese company with mainland subsidiaries has fired the nephew of Taiwan’s interior minister, whom Beijing deems responsible for Taipei’s hostile policies towards the mainland. The mainland subsidiary of Taiwan’s Long Time Technology Co. Ltd in Shanggao county, Jiangxi province, issued a statement on Wednesday night saying Yen Wen-chun, the nephew of Taiwan’s interior minister Liu Shyh-fang, was dismissed from all positions he held at Long Time Technology and its mainland subsidiaries from...
Al Nahyans’ control over farmland in Europe has meant they receive proportion of payments to farmsThe United Arab Emirates’ ruling royal family is benefiting from tens of millions in EU subsidies to grow crops destined for the Gulf, it can be revealed.A cross-border investigation by DeSmog and shared with the Guardian found subsidiaries controlled by the Al Nahyans collected more than €71m (£61m) in six years for farmland it controls in Romania, Italy and Spain. Continue reading...
