The European Commission has urged all the countries in the European Union to undertake urgent action to diversify the pool of suppliers for their 5G networks. According to analysts, this move is aimed at increasing competition for the Chinese telecom… Read More ›
In a development that marks apparel brand Brooks Brothers remaining a going concerns and help it maintain its operations, the company has entered into a “stalking horse” purchase agreement with retailer SPARC Group LLC for $305 million. Earlier this month,… Read More ›
According to a report from Bloomberg News, SpaceX is looking to raise new capital wherein it is likely to be valued at around $44 billion. Elon’s Musk’s space venture SpaceX is in talks with investors to raise $1 billion at… Read More ›
Talks between the United Kingdom and the European Union over a free trade agreement were stalled on Thursday. While the EU said that an agreement was unlikely within the stipulated time frame. The UK expressed hope of an agreement by… Read More ›
In a court filing the FBI said, it believes a Chinese researcher, who has been accused of visa fraud is holed up for a month in the Chinese consulate in San Francisco. She has been accused of hiding her affiliation… Read More ›
In a statement U.S. oil major ConocoPhillips said, it has agreed to acquire land from from Kelt Exploration Ltd in Canada’s Montney shale oil play, in a deal worth $375 million. The 140,000 acres of land that has been purchased… Read More ›
In a significant development on Wednesday, the United States has ordered China to close down its consulate in Houston. Although the United States has several consulates in China, according to a source Beijing is considering shutting down the U.S. consulate… Read More ›
On Wednesday, in a statement Bombardier Inc said, it had managed to secure a loan of up to $1 billion; the utilization of its cash during its second quarter has also improved by around $500 million better than was previously… Read More ›
British Prime Minister Boris Johnson plans on giving security services more powers to stop foreign interference in Britain, states a report from The Times newspaper. Johnson’s government is preparing to place a new counter-espionage legislation, which is likely to include… Read More ›
According to a report from The Telegraph, Britain and the European Union are unlikely to sign a post-Brexit trade deal, with only a few days left before British Prime Minister Boris Johnson’s July deadline. The assumption of the UK’s government… Read More ›
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