In a statement U.S. President Joe Biden said, it was too early to make any commitments on lifting U.S. tariffs on Chinese goods, while USTR Katherine Tai said she was working on the issue. “I’d like to be able to be… Read More ›
Entrepreneurship
US Mobile Companies Agree To Implement A Further Deal In 5G Deployment At Airports
AT&T and Verizon, two major US wireless carriers, have agreed to delay the launch of their new 5G service at some airports. The C-band service, which provides faster speeds and more coverage, was supposed to go live tomorrow. However, airlines… Read More ›
More Expats Could Leave Hong Kong Due To Tough Covid Laws, Reveals Survey
According to a key business group, more than 40 per cent of its members are considering leaving Hong Kong because of the city’s draconian coronavirus regulations. Border closures, according to the American Chamber of Commerce in Hong Kong, are a… Read More ›
US gave $200M in additional defensive security assistance to Ukraine
On Wednesday, in a statement a senior official from the US State Department said, the U.S. government had approved $200 million in additional defensive security assistance to Ukraine in December 2021. “We are committed to Ukraine’s sovereignty and territorial integrity… Read More ›
Video platform Rumble Inc acquires stake in payments processor Parallel Economy for undisclosed amount
In a statement Rumble Inc, a website similar to YouTube that is popular among U.S. conservatives, and payment processor Parallel Economy said, the former has acquired a stake in it. On January 6, 2021, following the U.S. Capitol riots many… Read More ›
Microsoft Corp eyes acquisition of Activision Blizzard for $68.7 billion
Microsoft Corp has agreed to acquire Activision Blizzard in a $68.7 billion deal marking the biggest ever acquisition in the gaming industry’s history to date underscoring the tech giant’s interest in increasing its footprint in the virtual gaming industry. The deal,… Read More ›
Bain Capital weighs taking stake in French food caterer Sodexo
Bain Capital is looking to take a stake in French food caterer Sodexo after the Paris-listed firm said it was on the lookout for investors that could help fund the group’s turnaround, said sources. Sodexo, which has a market value of… Read More ›
Lithium carbonate prices to rise by 80% in Q3: Australian lithium miner Allkem Ltd
On Tuesday, Australian lithium miner Allkem Ltd said, lithium carbonate prices for the third quarter of 2022 are expected to jump by 80% from the first half on the back of booming demand for the metal which is used in electric… Read More ›
5G wireless rollout plan will impact 1.25M passengers, 15k flights annually: United Airlines
In a statement late on Monday, United Airlines said the current U.S. 5G wireless rollout plan is likely to negatively impact an estimated 1.25 million United passengers and at least 15,000 flights annually. United Airlines urged the Biden Administration to… Read More ›
Britain supplying anti-tank weapons to Ukraine
In a statement Britain said, it has begun supplying anti-tank weapons to Ukraine to help defend itself from a potential invasion. The development comes in the wake of Russia amassing troops near the Ukrainian border. Western countries fear Russia is… Read More ›
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