The administration of the United States President Donald Trump was abusing “national power” by trying to ban TikTok, China has accused, even as a stay on the execution of a ban on the short video sharing app was given by… Read More ›
Economy & Finance
EU Will Keep Persisting With Talks With Britain For A Brexit Deal
Agreement on an extension of negotiations with Britain was arrived at by the European Union leaders for a striking a trade deal after Brexit, talks for which are to be held within the next few weeks, with the main aim… Read More ›
Almost 90% Of Workers Want To Have Option To Work From Home: Cisco Survey
A new study from Cisco Systems has revealed that after the easing of restrictions on workplaces due to Covid-19, 90 per cent of the workers want to be able to choose whether to work from home or the office and… Read More ›
European Union to impose tariffs on Chinese on aluminum extrusions
In a statement, the European Commission stated, the European Union will impose duties of up to 48% on imports of aluminum extrusions from China, citing exports of the same at unfairly low prices. According to an EU official, duties, ranging… Read More ›
Microsoft signs MOU with Equinor for undersea carbon dioxide storage facility
In a significant development, Microsoft Corp has signed a memorandum of understanding with Norway’s Equinor to explore the use of a carbon dioxide storage facility with Microsoft seeking to significantly reduce its carbon footprint. In January, Microsoft, the world’s largest… Read More ›
Trump Administration mulling options to include China’s Ant Group to Entity List
According to two sources familiar with the matter at hand, the U.S. State Department has submitted a proposal to the Trump administration to add China’s Ant Group to its Entity List. The development comes at a time when when the… Read More ›
Britain’s biggest fund manager with more than $1.55 trillion in AUM, expands push towards low-carbon economy
On Wednesday, Britain’s biggest asset manager said, it plans on increasing the number of companies it assess and engages vis-a-vis climate change, in order to accelerate global efforts to move towards a low-carbon economy. In a statement Legal & General… Read More ›
Cinema operator AMC Entertainment Holdings Inc may need to raise additional capital: CEO
Late on Tuesday, the CEO of cinema operator AMC Entertainment Holdings Inc said, the company may need to raise additional capital as an option, either entirely or through equity. “There was no further contingency planning underway beyond raising additional capital,”… Read More ›
Belgian 5G Contracts Goe To Nokia, China’s Huawei Ousted From Heart Of EU
Amid pressure from the United States to exclude the Chinese telecom equipment maker Huawei from supplying key telecoms equipment, wireless service providers Orange and Proximus have chosen to partner with Nokia for the construction of state of the art next… Read More ›
Airbus Increased Jet Deliveries In September, Targets 500 Deliveries For 2020
In September, the milestone for delivering the highest number in any month so far this year was achieved by the European plane making giant Airbus. But the company could not manage any new sales because of the conditions of the… Read More ›
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