Britain’s opposition Labour Party hinted that it would impose new taxes on the wealthy, including shareholders and landlords, if it comes to power at the next election. In an interview, Labour’s would-be finance minister Rachel Reeves said, “I do think… Read More ›
Creativity
Huawei’s CFO Meng Wanzhou returns to China in quid pro quo
In a significant development, Huawei’s Chief Financial Officer Meng Wanzhou arrived back in China after fighting U.S. extradition for around three years, in yet another sign of weakening global clout of the United States. The move also reflects a change… Read More ›
EU’s Plans For Mandating Common Charger Port For All Devices Opposed By Apple
In the face of opposition from Apple, the European Commission has proposed using of a single charger connector for all mobile phones, tablets, and headphones. According to an 18-page guideline issued recently, a universal charger for all manufacturers “would benefit… Read More ›
More trade action will be taken against Huawei if needed: U.S. Commerce Secretary Gina Raimondo
In a statement U.S. Commerce Secretary Gina Raimondo said, if necessary the Biden Administration will take further action against China’s Huawei. Washington continues to see the Chinese tech company as a national security threat on a variety of grounds and… Read More ›
EU countries should present a united front in COP26 negotiations
According to sources familiar with the matter at hand, countries from the European Union should do more to iron out burrs in their negotiating position vis-à-vis the COP26 climate change conference, following emergence of rifts over timeframes for emissions-cutting pledges…. Read More ›
Sweden deepens defense cooperation between Norway Denmark midst tensions with Russia
According to a news bulletin from Sweden’s TV4, Stockholm is set to sign a defence cooperation agreement with Denmark and Norway in an effort to counter a deteriorating security situation in the Baltic region. Although Sweden is not a NATO… Read More ›
British Finance Minister Rishi Sunak accepts calls to review Britain’s financial regulations
Following the collapse of the Greensill Capital, British finance minister Rishi Sunak has ordered two immediate reviews of the country’s financial regulation. On Friday, in a letter to a parliamentary committee Sunak said he had accepted its call for reform… Read More ›
Common Charger Could Be Made Mandatory By EU For Apple iPhones And Other Devices
The European Commission, the executive arm of the European Union, proposed a new regulation on Thursday that would require smartphone and other electronics manufacturers to provide their gadgets with a common USB-C charging connection. The new regulation is intended to… Read More ›
Investors Identify 50 Global Companies Most Exposed To Physical Climate Change Risks
According to investors with $10 trillion in assets, the fifty companies globally that are that are highly exposed to physical climate hazards include names like energy companies of Europe such as Centrica and Galp, European energy corporations, as well as… Read More ›
BlackBerry’s Q2 revenues beats analysts’ estimate on the back of strong demand for cybersecurity and IoT products
BlackBerry Ltd reported its second quarter revenues which beat analysts’ estimate on the back of strong demand for its cybersecurity and Internet of Things software products. BlackBerry’s U.S.-listed shares rose by 9.1% to $10.43 in extended trading. Ahead of the… Read More ›