Germany’s foreign minister, Annalena Baerbock, stated that her country will not be intimidated by Russia’s new nuclear deterrent policy, emphasizing the need to learn from past mistakes and listen to warnings from partners bordering Ukraine. President Vladimir Putin signed a revised nuclear doctrine in response to U.S. President Joe Biden’s decision to allow Ukraine to strike targets inside Russia, leading to discussions among foreign ministers of Poland, Germany, France, and Italy on increasing military support for Ukraine and sharing security burdens within NATO. The meeting expressed unity and solidarity with Ukraine, with a minute of silence observed for Ukrainian victims, as they discussed the changing dynamics in trans-Atlantic relations following Trump’s election win.
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Kioxia shares climb slightly on debut in Tokyo after $800 million IPO
Shares of Kioxia, a Japan computer memory manufacturer, rose 2.69% in Tokyo following its successful debut, raising over 120 billion yen in its initial public offering. The company's shares were trading at 1,484 yen, slightly above the offer price of 1,455 yen per share, with an IPO price band of 1,390-1,520 yen. Kioxia, formerly Toshiba Memory, was acquired by a Bain-led consortium in 2018 for $18 billion, with major shareholders Bain Capital and Toshiba selling...
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