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The UK will create an “always on” munitions production capacity to allow it to scale-up its defense industry when needed, as it increasingly shifts to a war footing with Russia’s assault on Ukraine showing little sign of ending. Prime Minister Keir Starmer’s government will invest £1.5 billion to build six munitions factories, designed to bolster…
The UK will create an “always on” munitions production capacity to allow it to scale-up its defense industry when needed, as it increasingly shifts to a war footing with Russia’s assault on Ukraine showing little sign of ending. Prime Minister Keir Starmer’s government will invest £1.5 billion to build six munitions factories, designed to bolster…
New Delhi: An ONGC-led joint venture has resumed oil production from the ‘PY-3 Field’, located offshore in the Cauvery Basin on India’s east coast. The joint venture of Oil and Natural Gas Corp. Ltd (ONGC) with Hardy Exploration & Production (India) Inc., and Invenire Petrodyne Ltd, has implemented a multi-phase revised Field Development Plan (FDP)…
BEIJING/TAIPEI (Reuters) -Nvidia will launch a new artificial intelligence chipset for China at a significantly lower price than its recently restricted H20 model and plans to start mass production as early as June, sources familiar with the matter said. Also Read | Nvidia says controls on AI chips exports to China were ‘failure’, praises Trump…
(Bloomberg) — Oil slumped as OPEC discussed making a second major production increase, inflaming concerns about swelling global supplies that have dragged down crude prices this year. West Texas Intermediate futures fell almost 2% to trade around $58 a barrel, continuing a slide this week that has brought prices near the lowest since early 2021….
