Author Archives
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Nvidia Files Application With Chinese Regulators For Approval Of $40bn Arm Deal
Eight months ago the acquisition of United Kingdom based chip designer Arm by the United States based Nvidia worth a $40bn deal was announced while the US firm has now submitted an application to Chinese competition regulators for reviewing of… Read More ›
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Probe On Casinos Expanded By Australian Financial Crime Watchdog
Amid the casino industry in Australia struggling with the Covid-19 pandemic and heightened regulatory scrutiny, the anti-money-laundering agency of the country expanded a probe into due diligence at casinos which includes the three biggest operators of the industry and increasing… Read More ›
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Investment Ban In Dozens Of Chinese Defense And Tech Firms Expanded By Biden Administration
A ban on investing by entities of the United States in dozens of Chinese companies that allegedly have ties with defense or surveillance technology sectors was imposed by the United States president Joe Biden as he signed an executive order… Read More ›
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Higher Than Expected Rise In Euro Zone Producer Prices In April
There was a more than expected rise in the producer prices in the euro zone in the month of April driven by a sharp rise in the prices of energy products, showed data published by the European Union’s statistics office… Read More ›
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2020 Saw A 5% Drop In Carbon Emissions In Australia
There was growth in the generation of wind and solar energy in Australia in 2020 while the country’s carbon emissions dropped during the year by 2020, the government of the country said on Monday. According to analysts this was primarily… Read More ›
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Growth In China’s Factory Activity In May Allows Slightly Due To Surge In Raw Materials Costs
With the growth of costs for raw materials increasing at the fastest pace in more than two decades factory activity growth in China slowed down slightly in May. The high costs of raw materials affected the output of small and… Read More ›
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Baby And Maternity Stocks Soar As China Announces Its New 3-Child Policy
The manufacturers of strollers, car seats and baby formula could have a field day by the decision of China to shift away from its one children policy and to allow families to have three children. Whether it would lead to… Read More ›
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Top Bank Executives Entering Hong Kong To Be Exempt From Quarantine
The Securities and Futures Commission (SFC) has said that strict virus quarantine measures in Hong Kong are not being applied on top bankers. An application for the mandatory 21-day quarantine could be filed by senior banking executives who are fully… Read More ›
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Since Brexit, EU Tariffs Worth Billions Faced By British Exports
Analysis of official EU statistics shows that since Brexit was imposed, tariffs on trade with the European Union have has been faced by British exports worth billions of pounds. Taxes were applied on up to £3.5bn of British exports even… Read More ›
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Tech Supply Chain Threatened With Disruption Due To Vietnam Coronavirus Outbreak
Factories located in Vietnam’s industrial northern provinces, where the units of suppliers of tech giants such as Apple, Samsung and other global tech firms are located, is operating below capacity because of a rapidly spreading Covid-19 outbreak there, said reports… Read More ›