In a statement the White House said, Daniel Smith, director of the Foreign Service Institute (FSI), has been appointed as acting secretary of state following Joe Biden’s swearing in as President. Smith will fill the role temporarily until Biden’s nominee,… Read More ›
According to sources familiar with the situation, the United Arab Emirates has signed a deal with the United States to buy 50 F-35 fighter jets and up to 18 armed drones. Both countries were working to ink the deal before… Read More ›
On Thursday, according to a report from the Times newspaper, a German proposal could see European governments allowing a ban on all UK residents from entering their respective countries along with cutting off all passenger transport links with Britain. The… Read More ›
Setting aside months of speculation of where Alibaba Group founder Jack Ma was after he was not seen on a public platform for months, the Chinese billionaire appeared on a public platform through a video meeting with 100 rural teachers… Read More ›
In a significant development, the European Union called on incoming U.S. President Joe Biden to form a “new founding pact” with Europe and collaborate on a wide range of issues including security, freedom, peace, prosperity, and human rights. “Today is… Read More ›
U.S. hedge fund Elliott Management will be closing its office in Hong Kong. It has shifted responsibility for Asian investment decisions to London and Tokyo in the last three years. According to a source familiar with the matter at hand,… Read More ›
According to two sources familiar with the internal deliberations, U.S. President-elect Joe Biden Administration is weighing the odds of creating a White House position focused “on competition policy and issues relating to antitrust”. One of the sources has cautioned that… Read More ›
On Wednesday, in a statement Japan’s Nidec Corp said, it had filed a patent infringement lawsuit against Seagate Technology LLC and its affiliates. In its lawsuit, filed on January 18, in the U.S. District Court in Delaware, Nidec has accused… Read More ›
In a statement, EBay Inc said, it has started a process to explore a range of strategic alternatives for its South Korean business, including Gmarket – one of the largest online marketplaces in the country. In a report, Seoul-based Korea… Read More ›
On Tuesday, Logitech International said, it has raised its annual forecasts which saw a three-fold jump in quarterly adjusted operating income, driven by a pandemic-driven boost in demand for work-from-home products and gaming accessories. The development sees Logitech raise its… Read More ›
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