Late on Monday, top mutual fund manager Vanguard Group said, it will no more pursue plans to obtain a license to run a fund management company in China. The discontinuation of the outsourcing augurs well for the United States since… Read More ›
Creativity
Taiwanese firms in Myanmar fly Taiwanese flag to distinguish from Chinese financed companies facing brunt of public anger
Rising public anger in Myanmar against China, which is viewed as being supportive of the military junta has led Taiwan’s de facto embassy in Myanmar advised its companies that operate in the country to fly its flag so that they… Read More ›
Singapore-Australia discussing possible air travel bubble
In a statement Singapore’s foreign ministry said, it is in discussion with Australia on introducing the possibility of an air travel bubble that allows residents to travel between the two countries without requiring them to be quarantined. “Singapore is discussing… Read More ›
Exit of high carbon industries likely to heighten systemic risks in financial markets: PBOC official
On Monday, in a statement state-owned Shanghai Securities News said citing a central bank official, with high-carbon industries pulling out of China is likely to lead to a possible re-evaluation of invested financial resources; it is also likely to strengthen… Read More ›
GM To Make Batteries In Joint Venture With Lithium Metal Battery Startup
United States based auto maker General Motors Co is targeting to boost its battery development capacity so that it can offer a higher single charge driving range for its electric cars in a smaller package and is set to start… Read More ›
3.2 Million New Pets Bought By UK Households In Pandemic Lockdown
Since the Covid-19 pandemic began, 3.2 million households in the United Kingdom have picked up a pet, said data from the Pet Food Manufacturers’ Association. The association said that are now a total of 17 million pet-owning homes in the… Read More ›
Experts Say Microsoft’s Flaw Being Exploited By Ransom-Seeking Hackers
A recently disclosed flaw in Microsoft’s widely used mail server software is being targeted by hackers who seek ransom, claimed a researcher and added that there can be widespread digital disruption if there is a serious escalation of the hacking… Read More ›
Tesla’s Fire Response Team along with Fremont Fire Department put out fire
On Thursday evening, a fire which broke out at electric carmaker Tesla’s factory in Fremont, California, has been brought under control, with no immediate reports of injuries, said the fire department. According to Aisha Knowles, Fremont Fire Department’s spokeswoman, the… Read More ›
Chinese antitrust regulators gunning for Aliababa Group Holding Ltd
According to a report from the Wall Street Journal citing sources familiar with the matter, China’s antitrust regulators are mulling options to levy a record fine on Alibaba Group Holding Ltd over suspected anti-competitive behavior. The potential fine could exceed… Read More ›
China’s State Administration for Market Regulation fines 12 companies for illegal monopolistic behaviors
On Friday, in a statement China’s market regulator said, it has levied fines on 12 companies for illegal monopolistic behavior. The regulator has cited 10 deals which demonstrate their illegal monopolistic behaviours. The companies that have been fined include Baidu… Read More ›
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