Intel calls off its planned acquisition of Tower Semiconductor, an Israeli chip maker, after waiting in vain for 18 months for a review by Chinese regulators.
Tag: International Relations
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Tony Blair, Former U.K. Leader, Is Suddenly Back in Favor
The former British prime minister, who left Downing Street widely unpopular, is back in favor with his party, Labour, which hopes his political skills can be an advantage as an election nears.
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North Korea Confirms Detention of Travis King, U.S. Soldier
The statement was the first public acknowledgment by the country that it has the soldier, Pvt. Travis King, in its custody.
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Russia Fires Warning Shots and Boards a Freighter in the Black Sea
Russia’s military made good on its threats to enforce its blockade of Ukraine, adding to the tensions in an increasingly active theater of war.
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Russian Ruble Slides Past 100 Against the Dollar, Its Lowest Level Since March 2022
The currency’s weakening, which took it past the symbolic level of a penny per ruble, will increase pressure on the nation’s financial authorities as fears of inflation grow.