Canadian prosecutors told a Canadian court that China’s Huawei Technologies had a plane waiting to whisk away the company’s Chief Financial Officer, Meng Wanzhou, back to China from Vancouver, even as a key verdict in her extradition case was to… Read More ›
Geopolitics
Bahrain opens airspace with Doha from January 11
In a development that sees the end of a regional dispute, Bahrain’s civilian affairs authority said, it will open its airspace to Qatar from January 11. The development comes in the wake of a U.S.-backed deal by Arab states last… Read More ›
U.S.-Taiwan relation elevated to global partnership
On Monday, in a development of significant geostrategic importance, Taiwanese Foreign Minister Joseph Wu stated, U.S.-Taiwan relations have been elevated to a global partnership while describing the U.S. lifting of restrictions on interactions between officials from both sides as a… Read More ›
European Dealmaking In China Expected To Be Bolstered By Investment Deal
Following the signing of an investment deal last month between China, the second largest economy of the world, and the European Union, lawyers and bankers are expecting to see European companies to eagerly look out for investing in assets in… Read More ›
FAO Notes Seventh Straight Month Of Rise In World Food Price Index
According to a statement issued by the United Nations food agency on Thursday, prices of good rose globally for the seventh consecutive month in December with rise in the prices of prices of all the major categories, except sugar, last… Read More ›
UK Watchdog Claims 4,000 Financial Firms Could Collapse Due To Covid-19 Hit
According to the estimates of the Financial Conduct Authority of the United Kingdom, the economic impact of the first wave of the novel coronavirus pandemic has put almost 4,000 financial companies of the country at the brink of and at… Read More ›
Iranian Revolutionary Guards Corps seizes South Korean flagged tanker
According to a report from the Iranian media, Iran’s Revolutionary Guards Corps has seized a South Korean-flagged tanker in Gulf waters and has detained its crew. The development comes in the wake of South Korean banks freezing Iranian funds following… Read More ›
NYSE will no longer delist China Mobile Ltd, China Telecom Corp Ltd and China Unicom Hong Kong Ltd
In a statement the New York Stock Exchange said, it no longer intends to delist China Mobile Ltd, China Telecom Corp Ltd and China Unicom Hong Kong Ltd “in light of further consultation with relevant regulatory authorities.” Last week the… Read More ›
Iran resumes enrichment of uranium at underground Fordow site igniting U.S.-Iran tensions
With Iran resuming enrichment of 20% uranium at an underground nuclear facility, in breach of the 2015 nuclear pact and potentially complicating efforts by U.S. President-elect Joe Biden to rejoin the deal,Israeli prime minister Benjamin Netanyahu stated, the move is… Read More ›
New US Tariffs Target EU Cognac In Trade Row
Fresh import tariffs on some French and German goods will be imposed by the Unite3d States as a part of a running trade dispute with the European countries. Some specific non-sparkling wine, cognac and other grape brandies along with… Read More ›