In a significant development, the Trump Administration has labeled China, Iran, Russia, Cuba and North Korea as foreign adversaries as part of a new set of rules aimed at protecting the U.S. telecoms supply chain. The rules, which implement an… Read More ›
According to two sources who have seen the lab results, China’s CoronaVac, its COVID-19 vaccine, developed by Sinovac Biotech, has a general efficacy of less than 60% in clinical trial in Brazil. Brazil’s Sao Paulo’s Butantan biomedical center, which has… Read More ›
In a significant development, Australia has blocked a Chinese construction company from buying out a domestic builder involved in several high-profile projects, citing national security concerns, reported local media reports. In a regulatory filing to the Johannesburg stock market filing… Read More ›
In a statement, Morgan Stanley, and Goldman Sachs JPMorgan said, they will delist 500 Hong Kong-listed structured products following a U.S. ban on investments in companies Washington has labeled as deemed to be linked to the Chinese military. The Hong… Read More ›
There was a 99.7 per cent year on year drop in car manufacturing in Britain in the month of April because of the novel coronavirus related shutdowns. According to the industry body, Society of Motor Manufacturers and Traders (SMMT), the… Read More ›
One provides the canvas, the other produces the artwork. For two years now, the two companies have merged their operations, thus providing each other with new technological tools. In an industry where technological advance is key, the alliance between the… Read More ›
Following a huge amount of concerns from millions of its users who feared that the messaging platform was loosening its user data privacy policies, the Facebook Inc. owned messaging app WhatsApp has decided to delay its planned and announced update… Read More ›
The European Union and its member states France and Lithuania had previously imposed restrictions on palm oil based biofuels from Malaysia and the Malaysian government will be initiating legal action against these parties at the global trade watchdog – the… Read More ›
In a statement U.S. carmaker General Motors Co stated, it has reached a tentative deal with labor union Unifor following which it aims to invest around $785.42 million (C$1 billion) in its CAMI Assembly Plant in Ingersoll, Ontario, to manufacture… Read More ›
In a significant development, the Trump Administration has labeled China, Iran, Russia, Cuba and North Korea as foreign adversaries as part of a new set of rules aimed at protecting the U.S. telecoms supply chain. The rules, which implement an… Read More ›
The Facebook owned messaging app WhatsApp is applying double standards for implementation of its changes in data privacy policy and sharing of user data. The messaging app has confirmed that its policies on data-sharing remain unchanged for users in Europe… Read More ›
Researchers in Brazil announced results of late-stage clinical trial data of the Covis-19 vaccine developed by China’s Sinovac Biotech which showed that the vaccine candidate’s efficacy was much lower than the initial claims by the Chinese firm. However the safety… Read More ›
The Trump Administration has announced a ban on all cotton and tomato products from western China’s Xinjiang region over alleged forced labor issues from detained Uighur Muslims. In a statement, the U.S. Customs and Border Protection said, the order applies… Read More ›
In a statement the White House said, U.S. President Donald Trump has signed an executive order which further strengthens the November ban on U.S. investments in companies which are allegedly controlled or owned by the Chinese military curbing their access… Read More ›
In a statement, Citigroup Inc said, it has created a single wealth management business called Citi global wealth to deliver its products and services to clients, including ultra-high net worth individuals. The newly formed unit, formed by combining wealth management… Read More ›
More than 70,000 accounts that were dedicated primarily to share QAnon content were suspended by the social media company Twitter, the company has said, which, according to analysts, is a part of the efforts of the platform to be strict… Read More ›