Mercedes, BMW, and other European carmakers will likely “fade into history” within the next decade, Maksim Oreshkin has warned China is rapidly gaining market capitalization in the global automobile sector, while European carmakers are losing competitiveness, Maksim Oreshkin, Russian President Vladimir Putin’s top economic adviser, told Expert magazine in an interview published on Tuesday.

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Satellite monitoring company ICEYE has struck a deal with a Ukrainian charity to provide Kiev with SAR imaging capacity Finnish satellite maker ICEYE announced on Thursday that it had signed a contract with a Ukrainian charity to provide Kiev with Synthetic Aperture Radar (SAR) satellite imaging capabilities.