Author: Bloomberg News (TNS)
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Ukraine hits 2 Russian oil refineries as strikes intensify
Two Russian oil refineries were attacked on Thursday as Ukraine stepped up strikes on its enemy’s energy infrastructure. Gazprom’s Neftekhim Salavat petrochemical facility in the Bashkortostan region was set on fire after being hit by drones, local governor Radiy Khabirov said. The site is more than 1,300 kilometers (800 miles) from territory under Ukraine’s control,…
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China starts probes targeting US semiconductor sector
China launched two investigations targeting the U.S. semiconductor sector ahead of planned talks between the two nations on trade and other issues. The Ministry of Commerce said in a statement on Saturday that it’s opened an anti-dumping probe relating to certain American-made analog IC chips, the sort of products sold by Texas Instruments Inc. and…
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Kremlin says Russia-Ukraine negotiations are on ‘pause’
Russia said negotiations with Ukraine are on “pause,” less than a month after the summit meeting between Vladimir Putin and Donald Trump that the U.S. said would spur talks on a peace deal. “Communication channels exist, they are established, our negotiators have the opportunity to communicate through these channels, but for now, perhaps, we can…