The results of the survey assumes significance given the current geo-economic tensions with the United States. On Monday, going by the results of a survey that was published by China’s central bank – the People’s Bank of China, business confidence… Read More ›
Economy & Finance
China To Reduce Taxes And Open Up Further For High-Quality Development
In order to maintain high-quality development, China will continue to deepen supply-side structural reform among other measures in 2019, said a statement after the Central Economic Work Conference that was held in Beijing from Wednesday to Friday. This meeting was… Read More ›
US Indicts To Chinese Men In For Commercial Hacking
Two Chinese men have been indicted by the US justice department on charges of them hacking into the computer systems and networks of companies and government agencies in Western countries. It is being alleged that the duo are a part… Read More ›
Uber Restarts Trials Of Its Self-Driving Cars In Pennsylvania
After remaining suspended for nine months following the death of an individual in a deadly accident in Arizona, ride hailing company Uber Technologies Inc is resuming its trial on limited self-driving cars on public roads in Pittsburgh. It was just… Read More ›
UK’s Debenhams Drops Below Fishing Equipment Retailer In Terms Of Market Value
The changing face of retailing business in the United Kingdom was drastically portrayed after it was revealed that the market value of one of the most well known names of UK retailing industry and the British high street, Debenhams –… Read More ›
Despite Trade War, $9bn China Chip Project Planned By Foxconn Nikkei
In the backdrop of the trade war between the United States and China partly because of Washington’s concerns of Beijing’s policies to satisfy its ambition to become a tech giant, about $9 billion would be invested by the largest iPhone… Read More ›
Sikorsky Aircraft & Boeing Co win $1.1 billion U.S. defense contract
The contract is for supporting contract for the MH-6, MH-47, and MH-60 aircraft. In a statement, the Pentagon said, Sikorsky Aircraft, a unit of Lockheed Martin Corp along with Boeing Co have been awarded a $1.1 billion U.S. defense contract… Read More ›
Lockheed Martin Corp wins $997 million U.S defense contract
Lockheed Martin Corp has been awarded a U.S. defense contract for upgrading 84 F-16 fighter aircraft to the V-configuration. In a statement to the press, the Pentagon said, Lockheed Martin Corp has been awarded a $997 million U.S. defense contract… Read More ›
Raytheon wins $568 million U.S. defense contract
The contract is part of a modification package of a foreign military sale to Sweden. The Pentagon said in a statement, Raytheon Co was won a $568 million U.S. defense contract for modifying a Patriot missile defense system it is… Read More ›
American Retailers On A Buying Spree Because Of US Trade War With China
There is hardly any free space left in American warehouses as traders and retailers are filling them up with Chinese products of all kinds – microwaves, vacuum cleaner filters, swimwear, furniture, said Amy Magnus, head of the National Customs Brokers… Read More ›