The broadcasting license of China Global Television Network, or CGTN has been revoked by regulators in the United Kingdom. After an investigation “concluded that the license is wrongfully held by Star China Media Limited”, the Chinese state-owned channel’s license had… Read More ›
Economy & Finance
Japanese Beer Giant Kirin Ends Partnership In Myanmar After Military Coup
A partnership with a conglomerate in Myanmar is being ended by the Japanese beer giant Kirin potentially because the conglomerate has ties with the military of Myanmar. The commander-in-chief Senior General Min Aung Hlaing of the Myanmar army oversees the… Read More ›
Google’s Cloud Business Is Continuing To Make Losses Even As Its Core Business Grows
The cloud business of Google, to which it is currently providing a deeper look, does not seem to be doing well. An operating loss of $1.2 billion for Google Cloud was reported by the company for the fourth quarter of… Read More ›
UK Top Destination For Australian Wine Exports After Chinese Tariff Hike
With crippling additional import duties imposed on Australian wine in China, wine makers in Australia had been trying out new markets and one of the successful markets was that of the United Kingdom. Last year there was 30 per… Read More ›
India’s Target Of Selling Of State-Owned Firms Will Push Economy Closer To $5 Trillion, Say Analysts
According to a top Indian business leader, the Indian economy will inch closer to becoming a $5 trillion economy because of the efforts to privatize state-owned companies. According to the target set by the country’s Finance Minister Nirmala Sitharaman in… Read More ›
Business travel likely to grow by 21% in 2021: Global Business Travel Association
On Tuesday, according to a business travel association, business travel spending is likely to grow by 21% this year globally thanks to the rollout of COVID-19 vaccines; however, it is unlikely to recover to pre-pandemic levels until at least the… Read More ›
Myanmar coup likely to dampen investment interest: trade experts
According to analysts and trade experts, the coup by Myanmar’s military is likely to dampen the interest of western companies in investing in the country and may even prompt big U.S. companies to relocate. In the first 11 months of… Read More ›
Britain applies for Comprehensive and Progressive Agreement for Trans-Pacific Partnership
In the coming week Britain is set to apply for a membership to the trans-Pacific trading bloc of 11 countries. Ever since it left the European Union, Britain has made its desire to join the Comprehensive and Progressive Agreement for… Read More ›
Ford Will Manufacture Electric Versions Of Its Mustang SUVs In China
United States based auto giant Ford will begin manufacturing of its iconic Mustang cars in China for the first time. With the company aiming to benefit from the booming electric vehicle (EV) market of China, Ford will start production of… Read More ›
Soaring Sales During Pandemic Propels Apple To Report Record Quarter Profits Ever
The last quarter for 2020 was the most profitable quarter ever from Apple as the company benefitted from a surge in demand and sale of its high end iPhones, tablets and laptops during the pandemic with people being forced to… Read More ›