The United States has imposed sanctions on a China-based cybersecurity company and one of its employees for their roles in attacking tens of thousands of firewalls worldwide, including firewalls at U.S. critical infrastructure companies.
The Department of the Treasury's Office of Foreign Assets Control sanctioned Sichuan Silence Information Technology Company, Limited, and one of its researchers, Guan Tianfeng.
For comments and feedback contact: editorial@rttnews.com
Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.