In a significant development, the U.S. Senate has passed a bill that bans the import of products from China’s Xinjiang region. The Uyghur Forced Labor Prevention Act creates a “rebuttable presumption” on the assumption that goods manufactured in Xinjiang are… Read More ›
Day: July 15, 2021
Goods worth $7.6 billion could be affected by EU’s carbon border tax: Russian economy ministry
In a statement Russia’s economy ministry said, according to its estimate Russian goods, including cement, iron ore, steel, aluminum, pipes, and electricity, worth $7.6 billion could be subject to a European Union carbon border tax once it is adopted. Earlier… Read More ›
Netflix hires Mike Verdu, ramps up efforts to grow beyond video streaming business
On Thursday, in a statement Netflix Inc said, it has hired a former Facebook executive to lead its video games unit. The development comes at a time when the company is ramping up its efforts to grow beyond its traditional… Read More ›