This is one of the largest ever settlement for a data breach. Affected consumers should get in touch with the company. On Monday Equifax Inc, a credit-reporting company, stated it will pay up to $700 million to settle U.S. federal… Read More ›
Entrepreneurship
China to impose anti-dumping tariffs on SS products from Japan, South Korea, Indonesia, and EU
The anti-dumping duties, ranging from 18.1% to 103.1% will be effective from July 23, 2019. On Monday, China stated, it will impose anti-dumping duties on select stainless steel products which it imports from Japan, South Korea, the EU and Indonesia…. Read More ›
UAE’s Emaar Properties sign $11 billion airport implementation deal with Beijing Daxing International Airport
The value of the project includes the value of the 5 sq. km of land at the airport. On Monday, UAE state news agency WAM stated UAE’s Emaar Properties has signed an agreement with Beijing Daxing International Airport “to implement… Read More ›
China’s mammoth’s to 303% of its GDP
China is not only loading up economies partnering in its Belt and Road project with an unsustainable pile of debt, back at home it is also struggling to stay afloat from a surging tsunami of debt which has now breached… Read More ›
Airbus close to signing multi billion dollar deal with Air France
The potential deal will see Air France replacing its ageing medium haul aircraft. According to industry sources, Airbus is close to signing a deal worth billions of dollars for the sale of dozens of A320neo-family and smaller A220 aircraft to… Read More ›
Samsung asks partners to stockpile Japanese electronic components
Samsung has assured its partners that it would shoulder the burden of stocking these additional components. According to a source familiar with the matter at hand, Samsung Electronics has urged its local partners to stockpile more Japanese components in the… Read More ›
Vodafone secures EU approval for its $22 billion bid to acquire Liberty Global’s assets
The development will allow Vodafone to better compete with German market leader Deutsche Telekom.
Bipartisan bill introduced in U.S. Congress targeting Huawei Technologies Co Ltd
The bipartisan legislation essentially boils down to Senator Tom Cotton’s notion that “American companies shouldn’t be in the business of selling our enemies the tools they’ll use to spy on Americans”. In a significant development, members of the U.S. Senate… Read More ›
Boris Johnson’s cunning plan for a no-deal Brexit
While there are a couple of scenarios by which Boris Johnson, Britain’s potential next Prime Minister, could deliver on his no-deal Brexit, the most cunning one involves removing them, temporarily of course, from having to deliberate on the issue. A… Read More ›
United Airlines to resume daily non-stop flights from India to the U.S. from September 6
Pakistan had imposed a flight ban on its airspace following Indian strikes on terror camps in its territory. Pakistan has now issued a NOTAM lifting that restriction. On Wednesday, United Airlines Holdings Inc stated, it would restart its daily nonstop… Read More ›