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On October 17th, Ukrainian President Volodymyr Zelenskyy stated on Saturday that Ukraine is unable to use its interception system to counter Russian drone attacks due to speed limitations imposed by Starlink. He added that Kyiv is discussing the issue with US officials. Zelenskyy stated that Ukrainian officials have been informed that the limitations are related to technical issues. He noted that Ukraine has tested Starlink within the EU without encountering similar problems, and that the Starlink system operates faster there.Irans Revolutionary Guard said another oil tanker struck a mine in waters near Hormuz Island on Saturday.Hungarian Prime Minister Maujólfakov said that allowing corn shipments to be transported to Western Europe via sealed freight wagons would help Ukraine.On October 17, Ukrainian President Volodymyr Zelenskyy stated on Saturday that the leaders of Ukraine, the United States, and Russia might meet during the G20 summit in the United States, or possibly in a Middle Eastern country. Zelenskyy said, "The meeting could take place during the G20 summit in the United States. However, neither Russia nor the United States has confirmed it yet. The meeting could also be held in a European country." The G20 summit is scheduled for December.On October 17, Ukrainian President Volodymyr Zelenskyy stated that Ukraine has obtained evidence through comparative tests conducted in EU countries showing that the speed limit on Starlink satellite communication terminals only applies within Ukraine. Zelenskyy pointed out that currently, the speed limit for Starlink terminals in Ukraine is 161 kilometers per hour; exceeding this speed results in a complete loss of connection, causing drones relying on the system to go out of control. To determine whether this is a technical malfunction or an intentional limitation, Ukraine sent several vehicles equipped with terminals to EU countries for testing—on roads where high-speed driving is permitted, the terminals remained operational even when the vehicles exceeded 180 kilometers per hour. Zelenskyy stated that Ukraine has preserved the test records and possesses the corresponding evidence. He believes that the limitation is not a general technical problem, but rather a planned action. He also questioned whether this move is intended to weaken Ukraines defense capabilities, making it difficult to effectively protect frontline soldiers and civilians.

Following the announcement of a $19 billion acquisition bid, Toshiba shares surge

Aria Thomas

Oct 13, 2022 11:30

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Shares of Toshiba (OTC:TOSYY) Corp rose about 9 percent in Thursday morning trading, following news that a group of domestic investors is trying to acquire the Japanese conglomerate for 2.8 trillion yen ($19.1 billion).


A consortium led by Japan Industrial Partners, a Japanese private equity group, made the bid, which represented a 26% premium over Wednesday's closing price, according to Kyodo.


According to the Japanese business newspaper Nikkei, the consortium, which includes Chubu Electric Power Co, was granted the right of first refusal in its bid for Toshiba.


In Tokyo morning trade, Toshiba shares rose 8.5% to 5,566 yen, putting them on course for their highest one-day gain in almost a year.