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Russia Pledges Retaliation after New US Sanctions on Nord Stream 2 Pipeline

2021-08-23 22:15:00| OGI

The $11 billion project, which will double the existing Nord Stream pipeline across the Baltic Sea and allow Russia to bypass Ukraine when piping gas to Europe, has been a focal point of tensions between Moscow and Washington.

Tags: nord russia stream pipeline

GlobalFoundries pledges $1bn expansion to ease chip supply crisis

2021-07-22 02:00:00| Total Telecom industry news

With the world still struggling under the weight of the ongoing semiconductor supply crisis, various chip firms around the world are announcing expansion plans to help reach soaring demand. Now, the US-based semiconductor manufacturer GlobalFoundries has announced its current US expansion plans, which involve investing $1 billion into their Malta, New York, fabrication plant, as well as longer-term plans to launch a new fab at the same location…read more on TotalTele.com »

Tags: supply expansion ease crisis

Millicom pledges $250m long-term investment in Panama

2021-07-15 02:00:00| Total Telecom industry news

Millicom is keen to demonstrate its commitment to advancing the digitalisation of Panama, announcing a plan to invest $250 million into their local business over the 2021–2022 period. The funds will be used to expand Millicom’s fixed and mobile networks, including to underserved areas such as Bocas del Toro, Darién, Coclé and Indigenous Comarcas, thus contributing to the government’s strategy of closing the digital divide. The news comes following a meeting between Millicom CEO Mauricio Ramos and Panamanian President Laurentino Cortizo Cohen yesterday…read more on TotalTele.com »

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