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Strategic Partnership

All articles tagged with #strategic partnership

world3 months ago

EU seeks stronger India alliance amid Russia ties and trade negotiations

The EU is elevating its strategic partnership with India by proposing a trade and defense cooperation agenda aimed at diversifying supply chains and reducing dependence on Russia, amidst complex geopolitical tensions involving the US and Russia. The move seeks to strengthen ties with India as a counterbalance to China and Russia, while managing disagreements over Russian oil purchases and military exercises.

defense4 months ago

Norway Chooses British Type 26 Frigates

Norway has chosen the United Kingdom as its strategic partner for acquiring new Type 26 frigates, marking the largest defense investment in Norwegian history, with delivery expected to start in 2030. The partnership emphasizes deepened military and industrial cooperation, with the ships designed for anti-submarine operations and potential joint crew training, strengthening NATO's maritime security in the High North.

world5 months ago

China and Russia Launch Joint Naval Drills in Sea of Japan

China and Russia have launched joint naval exercises in the Sea of Japan near Vladivostok, involving submarine rescue, anti-submarine, air defense, and maritime combat operations, as part of their efforts to strengthen strategic ties and counterbalance US influence. The drills, which include Chinese and Russian vessels, are part of an annual series that began in 2012, and come amid concerns over their growing military cooperation and regional security implications.

technology1 year ago

Google and Magic Leap Team Up for Augmented Reality Headsets

Google and Magic Leap have announced a strategic partnership to advance the XR ecosystem, leveraging Magic Leap's expertise in optics and manufacturing. While details are scarce, the collaboration aims to develop innovative AR glasses, despite both companies' past struggles in the AR/VR market. This move follows Google's previous mystery deal with Samsung and Qualcomm for a headset, indicating ongoing interest in augmented reality technologies.

technology1 year ago

Google Teams Up with Magic Leap for AR Headset Innovation

Google has formed a strategic technology partnership with Magic Leap to advance its AR headset technology, focusing on optics. This collaboration aims to help Google compete with Meta and Apple in the AR market by leveraging Magic Leap's expertise in optics and manufacturing. The partnership may result in Google developing its own AR headset using Magic Leap's technology, while Magic Leap continues its enterprise-focused business.

international-relations1 year ago

"Russia and China Bolster Alliance Against US in Lavrov-Xi Meeting"

During Russian Foreign Minister Sergei Lavrov's visit to Beijing, China and Russia expressed their commitment to strengthening strategic cooperation, with President Xi Jinping and President Vladimir Putin affirming their support for each other. The two countries have ramped up contacts in recent years, with China's influence growing as Moscow faces international isolation due to its invasion of Ukraine. Despite U.S. warnings against aiding Russia, both China and Russia condemned Western sanctions and emphasized their commitment to opposing hegemony and promoting international peace and stability.

business-automotive1 year ago

"Nissan's Ambitious Plan: 30 New Models, EV Cost Cuts, and 1 Million Extra Sales"

Nissan plans to launch 30 new models by 2027, with 16 of them being electrified, as part of its effort to boost global sales by 1 million vehicles and increase operating profit margin to over 6% by 2027. The company aims to have electrified vehicles make up 60% of global sales by the end of the decade, with a focus on reducing the cost of next-generation EVs. Nissan also intends to explore strategic partnerships, including a potential collaboration with EV maker Fisker, to further its electric vehicle initiatives.