Talks between the United Kingdom and the European Union over a free trade agreement were stalled on Thursday. While the EU said that an agreement was unlikely within the stipulated time frame. The UK expressed hope of an agreement by… Read More ›
Month: July 2020
Chinese researcher accused of visa fraud evading arrest in San Francisco consulate: FBI
In a court filing the FBI said, it believes a Chinese researcher, who has been accused of visa fraud is holed up for a month in the Chinese consulate in San Francisco. She has been accused of hiding her affiliation… Read More ›
U.S. oil major ConocoPhillips purchases shale oil land from Kelt Exploration Ltd for $375 million
In a statement U.S. oil major ConocoPhillips said, it has agreed to acquire land from from Kelt Exploration Ltd in Canada’s Montney shale oil play, in a deal worth $375 million. The 140,000 acres of land that has been purchased… Read More ›
U.S. orders closures of Chinese consulate in Houston
In a significant development on Wednesday, the United States has ordered China to close down its consulate in Houston. Although the United States has several consulates in China, according to a source Beijing is considering shutting down the U.S. consulate… Read More ›
Bombardier’s cash utilization decreases cash burn, secures up to $1 billion credit line
On Wednesday, in a statement Bombardier Inc said, it had managed to secure a loan of up to $1 billion; the utilization of its cash during its second quarter has also improved by around $500 million better than was previously… Read More ›
UK will have news laws to deal with foreign interference
British Prime Minister Boris Johnson plans on giving security services more powers to stop foreign interference in Britain, states a report from The Times newspaper. Johnson’s government is preparing to place a new counter-espionage legislation, which is likely to include… Read More ›
Britain likely to opt for no-deal Brexit: The Telegraph
According to a report from The Telegraph, Britain and the European Union are unlikely to sign a post-Brexit trade deal, with only a few days left before British Prime Minister Boris Johnson’s July deadline. The assumption of the UK’s government… Read More ›
IBM’s revenues beats analysts’ estimate on heightened demand for cloud computing
International Business Machines Corp’s second quarter profits have beaten analysts’ estimates underscoring heightened demand in its cloud computing business with large companies accelerating their shift induced by the coronavirus crisis. With the news reaching the market, shares of the company… Read More ›
UK Study Claims A ‘Breakthrough’ Treatment Can Reduce Risk Of Covid-19 Deaths
The preliminary results released by a British biotech firm have claimed that there can be a drastic reduction in the number of new coronavirus patients dying because of Covid-19, the disease caused by the novel coronavirus, or requiring intensive care… Read More ›
Japan’s June Exports Drop Again, For The 4th Month In A Row
The novel coronavirus pandemic has severely hit global demand resulting in the exports of Japan dropping by double digits in the month of June, marking the fourth straight month of exports decline. This has again reinforced the anticipation that the… Read More ›
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