On Monday, Huawei Technologies Co Ltd stated, production at its consumer devices and carrier equipment divisions have resumed and are working normally. Huawei is among other Chinese tech companies who are continuing to keep their factories running despite the Chinese… Read More ›
On Monday, China’s commodity and stock markets fell steeply in the first trading session after an extended Lunar New Year break, with investors dumping risky assets in response to heightened fears over the outbreak of the coronavirus across China. The… Read More ›
In the last quarter of 2019, the economies of France and Italy unexpectedly shrank, which slowed down the growth rate of the entire eurozone – which now is close to stalling, shows latest data. According to the European Union statistics… Read More ›
European aircraft manufacturer Airbus has agreed to settle corruption cases with regulators in the United Kingdom for a deal worth almost €1bn. This deal is the culmination of a long drawn investigation into allegations by UK’s Serious Fraud Office (SFO)… Read More ›
According to reports, more than 50 million people residing in Wuhan and the nearby cities at the center of the outbreak have been prevented from leaving the cities by Chinese authorities with increasing anxiety and concerns about the outbreak of… Read More ›
On Friday, two sources familiar with the matter at hand have disclosed, EssilorLuxottica’s $8 billion (7.2 billion euro) bid to acquire Dutch GrandVision will face a full-scale EU antitrust investigation, following the latter declining to offer concessions during an initial… Read More ›
While the global financial markets have been spooked by the rate of spread of the novel coronavirus, which originated in China, the energy companies and markets are still trying to assess the economic impact this outbreak could have. Since its… Read More ›
An increase in travel warnings by various governments and a drop in demand for tickets from passengers bound for China because of the fast spread of the coronavirus outbreak, decisions to suspend or scale back more direct flights to China’s… Read More ›
The very fast spreading of the coronavirus in China has forced the Chinese government take the unprecedented measure of extending the Lunar New Year holiday by as much as a week in some cases as well as the step of… Read More ›
According to the claims of a new report, the workers who are participating in the gig economy are being forced to devote ever-more time on the platforms of companies such as Uber and Deliveroo to maintain financial stability even though… Read More ›
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