Finding from an investigation by security staff at Facebook has revealed that Uyghur activists and journalists living in the United States were targeted by Chinese hackers with the aim of spying on them. “They targeted activists, journalists and dissidents… Read More ›
Day: March 26, 2021
EU Backs Stricter Export Control Of Covid-19 Vaccines But Dies Not Impose A Ban
Leaders of the European Union backed in principle of imposing tougher controls on exports of Covid-19 vaccines, stopping short of imposing a complete ban on export of the vaccines. This move came after a drawn-out row with the Anglo-Swedish manufacturer… Read More ›
$9.6bn Of Goods A Day Is Being Held Up By The Suez Blockage
According to shipping data, an estimated an estimated $9.6bn of goods each day is being held up by the stranded Ever Given mega-container ship in the Suez Canal since Tuesday. That is equivalent to $400m an hour in trade along… Read More ›
Deutsche Bank CEO Christian Sewing willing to give up oversight of investment bank
On Friday, in a move that is likely to reassure regulators, Deutsche Bank CEO Christian Sewing said, Deutsche Bank is willing to give up his role of overseeing the investment bank in the foreseeable future. Deutsche Bank, Germany’s biggest bank,… Read More ›
German insurer Allianz nears deals to acquire Aviva’s Polish unit for $2.94 billion
According to sources familiar with the matter at hand, German insurer Allianz is closing in on a $2.94 billion (2.5 billion euro) deal to acquire Aviva’s Polish unit. “Allianz is close to entering exclusive talks with Aviva and a deal… Read More ›
LG spin off five affiliates, increases focus on existing core businesses
On Friday, shareholders of LG Corp shareholders approved the company’s plan to spin off five affiliates, which according to the South Korean company would allow it to focus on existing core businesses such as electronics, telecommunications services and chemicals. In… Read More ›
Global vaccine producers should match EU’s vaccine exports: Ursula von der Leyen
In a statement, Ursula von der Leyen, the Chief Commissioner of the European Union, said, Europe was the biggest vaccine exporter in the world and challenged other COVID-19 producers to match its exports. After Britain introduced a vaccine exports monitoring… Read More ›
AstraZeneca cannot export COVID-19 vaccines until it fulfils contracts with EU
Following a meeting of EU members, EU Commission chief Ursula von der Leyen said, AstraZeneca cannot export any more COVID-19 vaccines from Europe until is makes good on its contracts with the European Union. “We have to and want to… Read More ›