A notable example is Hubei Yangtze Memory Labs in Wuhan, where many engineers from leading Chinese chipmaker YMTC, which was added to the U.S. Entity List in 2022, conduct trials and test samples.

Yuri Borisov had been in the role since July 2022, presiding over the crash landing of Moscow's first lunar lander mission in almost 50 years.

The Times also says the Bank's alert is a setback for Reeves as it says there was a warning of a new squeeze on living standards. The Bank cut interest rates to 4.5% as it attempts to stimulate the ...