NBC news quoted US officials in a report which stated that in recent months, production of nuclear fuel for its nuclear weapons has been enhanced by North Korea in more than one site, according to US intelligence agencies. The agencies… Read More ›
Month: June 2018
Parts Of Chinese Economy To Be Opened Up Further To Foreign Investment
More parts of its huge economy and market would be further opened up to foreign investment, China has said. Restrictions in multiple sectors such as railways, shipping and power grids would be loosed or removed, announced the Chinese government late… Read More ›
Japan Enacts Law That Caps Working Hours
A bill that was framed at bringing in reforms in working styles in Japan was enacted in to law by the Diet on Friday. There were however concerns among the opposition about the potential of the legislation to foster long… Read More ›
Israel Sets Target Of Generating 17% Of Its Total Energy From Solar By 2030
The Electricity Authority of Israel has set a target of achieving at least 17 per cent of its electricity requirement from solar energy by 2030. The agency also has set a target of achieving 10 per cent of its total… Read More ›
EU leaders unite over screening of foreign investment and Trump’s aluminum and steel tariffs
Although the leaders of the world’s largest trading bloc did not specifically mention China and the United States, the writing on the wall is lucid. On Friday, leaders across the European Union pledged to act unanimously and firmly against protectionism… Read More ›
Chinese yuan touches new low as trade tensions continues
According to Gao Qi, a FX strategist at Scotiabank, the yuan is likely to find strong support at 6.70 yuan per dollar. On Friday, the Chinese yuan touched a new low and was on course to perform its worst ever… Read More ›
Swiss pharmaceutical giant Novartis to divest its Alcon eye care devices business
The move is aimed at sharpening it focus on its prescription drugs business. On Friday, Novartis disclosed its plans of divesting all of its assets from its Alcon eye care devices business as it sharpens its focus on prescription drugs…. Read More ›
Seven Year-Long Patent Infringement Battle Settled By Apple And Samsung
The legal patent infringement fight between Apple and Samsung that had dragged on for seven years have been just ended by the companies. Court documents filed on Wednesday by the companies show that the two companies have agreed to a… Read More ›
Smart Home Industry Trying Out Blockchain For Enhanced Customer Experience: Report
The important trends that are prompting smart home industry leaders trying out blockchain technology have been identified in a new report from Navigant Research. There is a growing concern about data security and protection because of a number of high-profile customer… Read More ›
Fox-Disney deal set to be approved by U.S. antitrust regulators: source
The deal will still need to be approved by regulators from other countries. As per a source familiar with the matter at hand, the U.S. Justice Department is set to provide antitrust approval for Walt Disney Co’s bid to acquire… Read More ›
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