German inflation nears 50-year high

The German statistics office Destatis has reported another jump in inflation in May as food and energy prices continue to climb. Annual inflation in Europe’s top economy has reached 7.9%, the highest level since the 1973 oil crisis.

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Huawei moves to totally abandon Android

The Chinese tech giant expects its in-house Harmony operating system to become available this year Huawei has unveiled its new in-house-developed operating system, HarmonyOS NEXT, which the Chinese tech giant expects to help it break with the Android ecosystem.

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US sanctions London-based tycoons

Billionaires Mikhail Fridman and Pyotr Aven were hit by the latest expansion of anti-Russia penalties The US government has extended its Russia-related sanctions over the Ukraine conflict, adding four prominent individuals and a business association to the list.

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