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Telecommunications & Media

Ukraine moves to cut Starlink reliance with Nokia and ICEYE communications cooperation

Ukraine is moving to secure alternative communications networks after restrictions on SpaceX\'s Starlink and Starshield services, the report said. Ukraine\'s Defence Ministry signed a letter of intent with Finland\'s Nokia and satellite manufacturer ICEYE to develop new defence and satellite communications capabilities. Officials said connection limits for drones and aircraft travelling above 100 miles per hour were continuing and had affected combat operations. The issue has fuelled calls in U.S. politics for an investigation into SpaceX.

Finance

Gold rebounds after two-week slide as Fed rate outlook shifts

Gold rebounded after two weeks of declines as markets increasingly price in the likelihood that the U.S. Federal Reserve will keep rates unchanged this month. Spot gold moved toward $4,180 an ounce. The shift followed remarks by Fed Chair Kevin Warsh, which led investors to cut expectations of a near-term hike. Traders are now watching the next FOMC meeting and the U.S. PCE inflation report. Other precious metals also gained.

AI & Enterprise

Putin envoy outlines plan to discuss data centre projects with U.S. after diesel deal

A Russian envoy said the United States and Russia are discussing cooperation on data centre infrastructure following a deal on supplies of Russian diesel fuel. Kirill Dmitriev said the two sides are talking about joint data centre projects and raised the possibility of building facilities using small nuclear power plants. The comments come as sanctions on Russia continue over the war in Ukraine and as data centres become a political issue in the United States.