Category UK, Europe

The UK has scrapped six defence projects, including former Royal Navy flagships, helicopters, and army drones in cost-saving measures, as threats abroad ramp up. Labour has to make the “difficult decommissioning decisions” and part with outdated military equipment, he told…

South Korean lawmakers proposed a new subsidy package on Nov. 11, aimed at protecting domestic chipmakers in anticipation of global industry shockwaves that are expected if U.S. President-elect Donald Trump enacts the 60 percent or higher tariffs on Chinese-made chips…

For many Americans, this means that the abundance of job opportunities they had recently enjoyed may be coming to an end. “There is no significant indication that conditions are going to improve anytime soon. In fact, the available evidence points…