On Saturday, a top party official from the Japanese government said, Tokyo’s economic security strategy will revolve around the two pillars of “strategic autonomy and indispensability”. The comments come at a time when Japan is facing an increasingly belligerent China…. Read More ›
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British Foreign Minister to strengthen defense trade, tech and security with India
In a statement on Saturday, Britain’s Foreign Minister Liz Truss said, London is making stronger security and defence partnerships with India. Her statement comes at a time when she is on an official visit to the country. According to a… Read More ›
China’s BYD and CATL defer building dedicated factory for Apple citing political tensions
According to three sources familiar with the knowledge at hand, Apple Inc’s negotiations with China’s BYD and CATL over battery supplies for its planned electric vehicle have stalled after the Chinese company refused to set up teams and build U.S. plants… Read More ›
WTO members should support intellectual property waiver to ensure equitable access to vaccines: White House
The White House has called on all members of the World Trade Organization to support an intellectual property waiver for COVID-19 vaccines. “We … need every WTO member to step up as well and support an intellectual property waiver, and… Read More ›
US will defend Taiwan if attacked: US President Joe Biden
In a significant development, US President Joe Biden stated, the United States will defend Taiwan from any aggression and has a legal commitment to defend the island nation China claims as its own. In a statement the White House said,… Read More ›
Britain negotiating arms deal with Ukraine
The British government is negotiating an arms deal with Ukraine, in a move that could anger Russia. Britain plans on selling missiles and arms to Ukraine, in what would be a first such deal ever. The potential arms sale will… Read More ›
EU adopts resolution to deepen economic ties with Taiwan
On Thursday, the European Union adopted a resolution to deepen economic ties with Taiwan. Interestingly, a similar deal with China has been put on hold. The European Parliament voted 580 to 26 votes, backing a non-binding resolution requesting the European… Read More ›
Lebanon’s central bank under forensic audit: Lebanese President Michel Aoun
On Thursday, in a tweet, Lebanese President Michel Aoun said, Alvarez & Marsal has begun a forensic audit of the Lebanon’s central bank. The tweet indicates a fresh thrust for Lebanon in its efforts to secure foreign aid midst a… Read More ›
Activision Blizzard fires 20 employees, 20 more facing disciplinary action
In a statement Activision Blizzard Inc said, it had fired more than 20 employees following allegations of discrimination and sexual harassment at the workplace; 20 more individuals are also facing some forms of disciplinary action. In a letter to employees, Activision… Read More ›
Australia’s second biggest lender Westpac Banking Corp to launch zero interest digital credit card
In a statement Westpac Banking Corp said, it plans on launching a digital credit card with zero interest aimed at primarily young customers, in an effort to tap into fast and efficient payment services. Westpac, Australia’s second-biggest lender, said customers can… Read More ›