Tuesday, 28 October, 2025
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Industry - Page 23

UK announces billions in fresh defense splurge amid worries about Russia

The U.K. will spend at least £3 billion on long-range weapons, housing facilities and arms factories as it seeks to revive its defense industry and gear up for a potential conflict with

Trump administration prepares to ease big bank rules

The Trump administration is gearing up to deliver a major win to Wall Street banks: Easing rules imposed on megabanks in response to the 2008 financial crisis. Trump-appointed regulators are nearing completion

Dutch defense minister warns of Chinese spying threat

China is stepping up espionage on Dutch semiconductors, the Netherlands’ Defense Minister Ruben Brekelmans said on Saturday. “The semiconductor industry, which we are technologically leading, … to get that intellectual property —

Britain is wide open to Russian undersea sabotage

LONDON — Britain’s undersea infrastructure is highly vulnerable to Russian sabotage. That’s the stark warning from defense and energy experts ahead of the country’s major strategic defense review, expected next week. They

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