In a statement the U.S. Trade Representative’s office said, it has added Chinese e-commerce sites operated by Tencent Holdings Ltd and Alibaba Group Holding Ltd to the U.S. government’s latest “notorious markets” list. The “notorious markets” list identifies 42 online markets and… Read More ›
In a statement European Commission President Ursula von der Leyen said, the EU could lay sanctions on Moscow if it were to invade Ukraine. The EU would cut off Russia from the international financial markets and deny access to major… Read More ›
According to three sources familiar with the matter at hand, the Biden’s Administration has prepared a package of sanctions against Russia that includes blocking U.S. financial institutions from processing transactions for major Russian banks in an effort aimed at crippling… Read More ›
Car spare parts stores in Colombo, Sri Lanka’s capital, are receiving a continuous stream of customers asking for side mirrors for Suzuki’s tiny Wagon R, which are quickly becoming a sought-after commodity in the island nation, said a report from… Read More ›
Should an agreement be achieved on resurrecting Iran’s nuclear deal with world powers, OPEC+ will attempt to integrate Iran into its oil supply-limiting agreement, according to sources close to the organization, in order to avoid market share rivalry that may… Read More ›
In a statement a team of quantum computing engineers from Toshiba Corp, JPMorgan Chase & Co and Ciena Corp said, they have successfully demonstrated the means of protecting a communication network on a blockchain using a powerful, newly-developed encryption network. According… Read More ›
In a significant development the U.S. Justice Department announced, it has selected an experienced computer crimes prosecutor to lead its new national cryptocurrency enforcement team and said the FBI is launching a unit for blockchain analysis and virtual asset seizure…. Read More ›
In a significant development Kyndryl, a former infrastructure services business of IBM, has struck a deal with Nokia to automate its factories using cloud computing and artificial intelligence over wireless networks. After being spun off from IBM in November 2021, Kyndryl… Read More ›
Even as local Chinese investors have chosen a cautious approach to bet on the mainland markets, international investors are investing heavily into the Chinese stock markets. According to a report from research firm EPFR Global, an inflow of $16.6 billion was seen into Chinese… Read More ›
Meeting expectations of the market and economists, the United States Federal Reserve set the ball rolling for a hike in interest rates and eliminating the trillions of dollars in bonds on the central bank balance sheet in the latest meeting… Read More ›
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