Charges that Tencent’s messaging-app WeChat’s Youth Mode does not comply with laws protecting minors were placed against the Chinese tech company by the country’s regulators and prosecutors have filed a civil legal action against the company already. The Youth Mode… Read More ›
An agreement has been signed between mineral exploration company KoBold Metals and London-listed Bluejay Mining for searching for critical materials in Greenland that are used in electric vehicles. KoBold is backed by billionaires including Jeff Bezos and Bill Gates. Bluejay… Read More ›
According to a document from Italian antitrust authority AGCM, the regulator will investigate the terms and conditions in McDonald’s agreements with franchise operators following several complaints. The development could see the U.S. fast-food chain at risk of a hefty fine of… Read More ›
Its bid to buy respiratory drugmaker Vectura has been raised to more than £1bn by Tobacco giant Philip Morris. Inhaled medicines and devices for treating respiratory illnesses such as asthma is made by Vectura and its customers include the likes… Read More ›
Strict action was taken against “unhealthy” online fan groups by Chinese internet and media regulators even as supporters of pop star Kris Wu flooded Chinese social media platforms to claim that innocence of the singer and to defend him against… Read More ›
In a significant development, Hong Kong’s justice secretary has showed the path on how a mainland Chinese law to counter foreign sanctions could be adopted in Hong Kong by amending it into Hong Kong’s mini-constitution, pending a decision by the… Read More ›
In a recorded message on Friday, U.S. President Joe Biden told a forum of Pacific island leaders, the United States would donate COVID-19 vaccines without strings attached. The development comes in the wake of China becoming an increasingly more assertive… Read More ›
Shares of Indonesia’s PT Bukalapak.com jumped by 25% on its trading debut with investors scrambling to get a piece of the action in the country’s first listed tech unicorn. PT Bukalapak.com, which counts Singapore sovereign fund GIC Pte Ltd and… Read More ›
A rebound in demand for its adhesives and its dermatological brands helped Nivea maker Beiersdorf to report sales that were higher than before the pandemic with the stocks of the company rising by more than 5 per cent during early… Read More ›
In July, factory activity in India surged on the back of heightened domestic demands and export order. The development sees an increase in job creation for the first time since the onset of the Coronavirus-induced COVID-19 pandemic. According to a… Read More ›
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