According to three people familiar with the situation, President Joe Biden’s administration is preparing an initial package of penalties on Russia that includes prohibiting U.S. financial institutions from processing transactions for key Russian banks. The restrictions, which would only be… Read More ›
On Monday, British Prime Minister Boris Johnson is set to unveil plans to scrap coronavirus restrictions as part of a “living with COVID” strategy that aims to achieve a faster exit from the pandemic compared to other major economies. Johnson… Read More ›
On Monday, British Foreign Secretary Liz Truss is scheduled to tell the European Union that the sooner the dispute over Northern Ireland’s trade rights are resolved the faster it will enable London and Brussels to focus on external issues including… Read More ›
In a significant development the European Union has filed a complaint with the World Trade Organization against China saying that Chinese courts were preventing European companies from protecting their telecom technology patents. The European Commission filed the challenge on behalf… Read More ›
In a statement European Commission President Ursula von der Leyen said, the EU could lay sanctions on Moscow if it were to invade Ukraine. The EU would cut off Russia from the international financial markets and deny access to major… Read More ›
According to three sources familiar with the matter at hand, the Biden’s Administration has prepared a package of sanctions against Russia that includes blocking U.S. financial institutions from processing transactions for major Russian banks in an effort aimed at crippling… Read More ›
Car spare parts stores in Colombo, Sri Lanka’s capital, are receiving a continuous stream of customers asking for side mirrors for Suzuki’s tiny Wagon R, which are quickly becoming a sought-after commodity in the island nation, said a report from… Read More ›
Should an agreement be achieved on resurrecting Iran’s nuclear deal with world powers, OPEC+ will attempt to integrate Iran into its oil supply-limiting agreement, according to sources close to the organization, in order to avoid market share rivalry that may… Read More ›
In a statement a team of quantum computing engineers from Toshiba Corp, JPMorgan Chase & Co and Ciena Corp said, they have successfully demonstrated the means of protecting a communication network on a blockchain using a powerful, newly-developed encryption network. According… Read More ›
Even as local Chinese investors have chosen a cautious approach to bet on the mainland markets, international investors are investing heavily into the Chinese stock markets. According to a report from research firm EPFR Global, an inflow of $16.6 billion was seen into Chinese… Read More ›
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