unit

Rosneft says EU sanctions on Indian unit unjustified and unlawful

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[ad_1] New Delhi, Jul 20 (PTI) Russian oil big Rosneft on Sunday termed as unjustified and unlawful the sanctions that the EU has slapped on its Indian unit, Nayara Vitality. “Rosneft Oil Firm considers the European Union’s choice to impose restrictive measures on the Indian refinery of Nayara Vitality as unjustified and unlawful,” it stated … Read more

Intel to separate networking unit as new CEO Tan overhauls enterprise

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[ad_1] (Reuters) -Intel is planning to separate its networking and communications unit right into a stand-alone firm and has begun the method of figuring out traders, the chipmaker mentioned on Friday, as new CEO Lip-Bu Tan appears to streamline its operations. Tan’s plan to rejuvenate the once-iconic chipmaker focuses on shedding non-core belongings and lowering … Read more