US sanctions 398 companies, Indian firms Included for supporting Russia’s war efforts

US sanctions 398 companies, Indian firms Included for supporting Russia’s war efforts

US announced sanctions on 398 companies across more than a dozen countries, including several Indian firms In a significant escalation of its measures against nations aiding Russia in its ongoing war in Ukraine, the United States has announced sanctions on 398 companies across more than a dozen countries, including several Indian firms. The move aims…

US government funding yielded hundreds of patents for China-based researchers

US government funding yielded hundreds of patents for China-based researchers

 The U.S. Defense Department, NASA and other government agencies funded research that led to more than 1,000 U.S. patents for China-based inventors since 2010, including in sensitive fields such as biotechnology and semiconductors, data from the U.S. patent agency showed. The U.S. patent data, which was reviewed and has not been reported previously, will amplify…

Tesla to get lower EU tariff on its Chinese-made EVs

Tesla to get lower EU tariff on its Chinese-made EVs

The European Union has slashed its planned extra tariff on Tesla (TSLA.O), electric vehicles imported from China by more than half, the bloc’s executive said on Tuesday, following further investigations requested by the company. The European Commission also revised its proposed punitive duties on imports of Chinese-made EVs in draft findings, in the highest profile EU…