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EU-Ukraine Drone Alliance brings startups and defence groups together to scale unmanned technologies
DefenceTech startups Quantum Systems and Destinus are among the technology companies selected as founding members of the newly established EU–Ukraine Drone Alliance, a European Commission-backed initiative designed to accelerate cooperation on drone and counter-drone technologies. The pair are the startup highlights among the nine European founding members, which also include Croatian drone technology startup ORQA,…
AliExpress gets record €550m fine from EU for allowing sale of illegal products
Chinese online retail giant AliExpress has been fined a record €550m (£467m) by the EU for allowing the sale of illegal products such as unsafe toys and fake clothes. The European Commission said AliExpress has fallen short of its legal obligations “diligently assess” the risk of illegal, unsafe or fake goods on its platform. “The…
Axis Bank Q1 FY27 slides: profit surges 23% as NIM hits cycle low
Axis Bank Q1 FY27 slides: profit surges 23% as NIM hits cycle low
iFixit made the perfect kit for all your tiny home repairs
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Ex-Fed advisor gets over three years in prison for lying about China ties
A former senior advisor to the Federal Reserve Board of Governors was sentenced to over three years in prison for lying to federal investigators about sharing restricted central-bank information with Chinese intelligence operatives. Marco Bello | Reuters A former senior advisor to the Federal Reserve Board of Governors was sentenced to over three years in…