During his tour, Johnson is set to announce a $371 million new funding package as he tries to goad leaders to accept his no-deal strategy. On Monday, with Boris Johnson making his first official visit to Scotland as Prime Minister,… Read More ›
Economy & Finance
24 out of 27 British sectors unprepared for no-deal Brexit: Confederation of British Industry
The lack of preparedness will significantly impact the majority of British sectors in the event of a no-deal Brexit, according to a report from the Confederation of British Industry. In a significant development, the Confederation of British Industry (CBI), a… Read More ›
China launches anti-dumping probe of meta-Cresol from the U.S., EU and Japan
Meta-Cresol is an organic compound typically extracted from coal tar that is used to make pesticides and other chemical products. On Monday, China said it has launched an anti-dumping investigation into the import of meta-Cresol, an organic compound typically extracted… Read More ›
Australian Regulator To Scrutinize Algorithms Of Facebook And Google
Australia’s strategy for better regulating United States technology giants will now see the country establishing a dedicated office – the first of its kind in the world, which would police Facebook Inc and Google. Analysts say that this effort could… Read More ›
Trump target China’s ‘developing nation’ at the WTO
How can China be a developing nation when its GDP is the second largest in the world ? In a development that will have major repercussions on the Chinese economy, U.S. President Donald Trump has pressed the World Trade Organization… Read More ›
U.S. Justice Department approves T-Mobile’s merger with Sprint
T-Mobile’s $26 billion bid to acquire rival Sprint Corp has been approved by the U.S. Justice Department. The breakthrough comes after the deal was caught for more than a year in regulatory limbo. In a significant development, the U.S. Justice… Read More ›
U.S. regulators increases oversight on resolution plans for foreign banks
Resolution plans, also known as living wills, require large banks to detail how they could be unwound in cases of bankruptcy with minimal disruption to the financial system. In a significant development, U.S. bank regulators stated they have not found… Read More ›
Samsung To Launch Foldable Phone Galaxy Fold In September After Screen Fix
The initial launch of Samsung’s first foldable smartphone was delayed after some technical issues were discovered in it. Now the company says that the problems have been fixed and the phones would be available for sale in the market form… Read More ›
Vodafone Will Spin Off Its Pan-European Mobile Mast Business TowerCo
With the aim of launching an initial public offering at the stock exchange within the next 18 months for a potential worth of as much as €20 billion, Vodafone plans to spin off its pan-European mobile mast business. There was… Read More ›
Chinese Phone Maker Xiaomi Ousted As India’s Top Phone Firm By A Chinese Rival
After dominating the Indian smartphone market – the fastest growing market for smartphones in the world, for more than a year, Chinese smartphone maker Xiaomi has recently lost out the race to one of its domestic rivals in China. At… Read More ›
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