Despite tensions between the United States and China, investors of the US stock markets showed affinity for Chinese companies and which reached a six year high in 2020. According to a recent report from Renaissance Capital, so far this year,… Read More ›
Creativity
Questions About Converting ‘Large Transactions’ To Bitcoin Asked By Tesla’s Elon Musk
Founder and chief of the United States based electric car maker Tesla’s Elon Musk inquire about the possibility of transforming the “large transactions” of Tesla Inc’s balance sheet into bitcoin as reported by the media based on a Twitter exchange… Read More ›
Norway announces travel restrictions on Britain following discovery of COVID-19 strain
In a statement on Monday, Norway’s health minister said, Flights from Britain to Norway will be suspended with immediate effect for a minimum of 48 following the discovery of a new strain of the coronavirus. On Saturday, British Prime Minister… Read More ›
Companies that do not comply to U.S. auditing standards will be debarred from U.S. Stock Exchanges
On Monday, in a statement China said it firmly opposes U.S. President Donald Trump’s bill that would remove any Chinese companies from U.S. stock exchanges unless they adhere to U.S. auditing standards. Chinese companies have tapped the lucrative U.S. stock… Read More ›
Lockheed Martin Corp acquires rocket engine manufacturer Aerojet Rocketdyne Holdings Inc for $4.4 billion
In a statement Lockheed Martin Corp said, it has agreed to acquire U.S. rocket engine manufacturer Aerojet Rocketdyne Holdings Inc for $4.4 billion, including debt and net cash. The deal marks Lockheed’s biggest acquisition since its CEO Jim Taiclet became… Read More ›
Italian broadcaster Mediaset presses ahead with plan to create pan-European TV champion
On Monday, the CEO of Italian broadcaster Mediaset stated, it plans on creating a pan-European TV champion regardless of whether it can strike a deal to settle a dispute with its second-largest shareholder Vivendi. “We want to go ahead with… Read More ›
High Risk Of Covid-19 Infection From Eating Out, Warn French Researchers
According to a study done by French researchers, the risk of contracting the Covid-19 virus gets increased for people who spend time in a bar or restaurant. This warning was issued by the researcher on Thursday, and added that a… Read More ›
Report Claims People From China’s Uighur Minority Can Be Identified By Alibaba’s Facial Recognition Tech
According to a report published by the surveillance industry researcher IPVM, facial recognition technology has been developed by the Chinese technology giant Alibaba Group Holding Ltd that is designed to specifically pick out members of China’s Uighur minority. This report… Read More ›
Switzerland’s competition commission opens investigation against telecoms provider Swisscom
On Thursday, Switzerland’s competition commission (COMCO) stated, it has opened an investigation into Swisscom, a telecoms provider, and ordered the adoption of immediate precautionary measures to allow competitors access to networks during expansion of its optical fiber network. Swisscom is… Read More ›
U.S. & EU should iron out differences over subsidies to aircraft manufacturers: USTR
In a significant development, in an interview, U.S. Trade Representative Robert Lighthizer stated the United States and Europe should agree to be on the same page and collaborate in opposing any future “hurtful” subsidies used by China to build up… Read More ›