A FREMM vessel designed by Fincantieri in Sydney’s harbor. PHOTO: FINCANTIERI CANBERRA, Australia—U.S. allies are embarking on a naval purchasing spree as territorial standoffs intensify within the Pacific. Contracts valued at about $ 70 billion are up for grabs from Australia to Canada, as governments replace growing older fleets ...

European Union Fee President Jean-Claude Juncker introduced Thursday that the bloc plans to reactivate a regulation that might search to dam European firms from complying with any sanctions the US would reintroduce towards Iran. Juncker’s announcement got here in the course of the second day of an EU assembly within ...

The European Union will activate laws banning the bloc’s corporations from complying with US sanctions towards Iran as quickly as Friday, in response to European Fee President Jean-Claude Juncker. Learn Extra at mysouth.su ...

Politicians in Germany are usually not held answerable for multi-billion euro losses confronted by their nation’s companies on account of US sanctions towards Russia, and that's improper, an analyst instructed RT. Learn Extra at ...

Sanctions in opposition to Russia are taking up an obsessive type and are geared toward driving Russian corporations from worldwide markets, in accordance with Kremlin spokesman Dmitry Peskov, responding to questions on doable additional penalties. Learn ...

Practically three,000 companies owned by overseas buyers, together with European companies, are at present working in Crimea, based on the top of the Russian area, Sergey Aksenov. Learn Extra at mysouth.su ...

German companies should start planning for a worst-case “onerous Brexit” that might slash commerce between Britain and the EU if no deal is reached at an EU summit subsequent week, a robust trade physique stated on Tuesday. The Federation of German Trade (BDI) urged British Prime Minister Theresa Could and ...