On Tuesday, alleviating industry concerns that the new variant of the coronavirus disease that has been surging in northern China, Huang Libin, an official from China’s Ministry of Industry and Information Technology said, the outbreak will have an impact on… Read More ›
In a move that could eventually see the Chinese firm Huawei Technologies Co Ltd exiting the high-end smartphone-making business, the firm was reported to be in early stage talks to sell its premium smartphone brands P and Mate, claimed a… Read More ›
United States based pharma company Moderna said that its Covids-19 vaccine that is already being used in a number of countries is effective against the new variants of the virus that have been detected in Britain and South Africa However… Read More ›
On Monday, Christine Lagarde, President of the European Central Bank said, the bank is setting up a climate change centre to coordinate its thinking on how to best incorporate climate issues into monetary policy and banking supervision. “We are now… Read More ›
With coronavirus inducing economic lockdowns around the globe, there has been a sharp decline in energy prices last year according to data, as a result top oil companies have significantly reduced their search for new fossil fuel resources, triggered massive… Read More ›
On Friday, in a statement, China’s top banking and insurance regulator said, the sector has written off $466.6 billion (3.02 trillion yuan) in non-performing assets in 2020, up by more than 50% from a year ago. At the end of… Read More ›
With U.S. President Joe Biden signing an executive order which sees the United States rejoining the Paris climate agreement, a group of Republican senators called on him to submit his plan to re-engage the United States in the landmark accord…. Read More ›
In a statement the White House said, Daniel Smith, director of the Foreign Service Institute (FSI), has been appointed as acting secretary of state following Joe Biden’s swearing in as President. Smith will fill the role temporarily until Biden’s nominee,… Read More ›
According to sources familiar with the situation, the United Arab Emirates has signed a deal with the United States to buy 50 F-35 fighter jets and up to 18 armed drones. Both countries were working to ink the deal before… Read More ›
On Thursday, according to a report from the Times newspaper, a German proposal could see European governments allowing a ban on all UK residents from entering their respective countries along with cutting off all passenger transport links with Britain. The… Read More ›
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