The United Kingdom government has ordered that telecoms providers in the country have to stop installing equipment from the Chinese telecom equipment maker Huawei in the country’s 5G networks starting September next year. Prior to the introduction of the telecommunications… Read More ›
Month: November 2020
EU And Britain Warn Each Other About Very Limited Time For Brexit Trade Deal
Time available for them to come to an agreement on a Brexit dela was quickly running out, both the United Kingdom and the European Union warned each other on Monday. The issues of state aid, enforcement and fishing still remain… Read More ›
At Just Under $20,000, All-Time High Reached By Bitcoin
The rally in the crypto currency bitcoin has been very good so far this year and topped it up as the virtual currency hit another milestone as it rose by 8 per cent to reach an all-time high value of… Read More ›
S&P Global Inc in advanced negotiations to acquire HIS Markit for $44 Billion
According to a report from the Wall Street Journal, S&P Global Inc is in advanced talks to acquire IHS Markit Ltd for around $44 billion. The deal, which will see the consolidation of two major data providers, is likely to… Read More ›
Washington adds top Chinese chipmaker and national offshore oil and gas producer to trade blacklist
In a significant development of strategic trade and military dimensions, the Trump Administration is poised to add China’s top chipmaker SMIC and its national offshore oil and gas producer CNOOC to a trade blacklist. The potential trade action blocks the… Read More ›
Britain positioned reasonably well in Brexit talks: Foreign Minister Dominic Raab
On Sunday, British foreign minister Dominic Raab stated Britain’s negotiations with the European Union over Brexit are positioned reasonably well, with some progress made on competition issues; however significant differences continue remain on fishing. “I do think we’re in a… Read More ›
HSBC mulling exit from U.S. retail banking sector
According to a report from the Financial Times, HSBC Holdings Plc is weighing options which includes a complete exit from the U.S. retail banking market. The development comes in the wake of the bank struggling to improve its performance in… Read More ›
Tariffs Of Upto 212% Slapped On Australian Wine By China
China imposed import duties of up to 212 per cent on Australian wine starting Saturday. This measure was temporary in nature and was aimed at preventing of dumping of subsidised imports of Australian wine, said China’s commerce ministry. The announced… Read More ›
China continues trade war against Australia, imposes punitive tariffs on Australian wine exports
Continuing its efforts in an attempt to bully Australia, on Friday, China’s Ministry of Commerce said, it will temporary impose anti-dumping measures on Australian wine from November 28, 2020. The move will further escalate trade and diplomatic tensions between Canberra… Read More ›
Amsterdam’s Schiphol Airport gears up chilled warehouses for COVID19 vaccine storage, transportation
In a significant development, Amsterdam’s Schiphol Airport stated, its workers are gearing up for a surge in the storing of COVID-19 vaccine cargos, which will be flown around the world at ultra-low temperatures. To that end, it has prepared its… Read More ›