Australia’s Qantas said on Thursday that it would implement a massive $10 billion cost-cutting program in response to the Covid-19 crisis, which will include jobs cuts of at least 20 per cent of its total workforce and the grounding of… Read More ›
Day: June 25, 2020
Huawei and Hikvisionare among 20 Chinese companies owned / controlled by Chinese military: DoD
Basing itself on documentary evidence, the U.S. administration has come to the conclusion that Huawei Technologies and Hikvisionare either owned or controlled by the Chinese military. The determination lays the groundwork for further U.S. financial sanctions on the duo. Confirming… Read More ›
U.S. President Donald Trump signs memorandum to protect lobster industry, vows tariffs on China
In a development that could add more barbs to the ever increasing U.S.-China trade tensions, U.S. President Donald Trump has signed a memorandum aimed at protecting American lobster fishermen who have found export markets drying up. “If those purchase commitments… Read More ›
