The revelation of close financial ties existed between the Chinese tech giant Huawei and a suspected front company in Iran was made during an internal prove conducted by the HSBC. The probe found that the relationship had existed for years… Read More ›
The global oil industry faces a “crisis of perception” since the industry is viewed as a one that has no future, said Saudi Arabia’s state oil company. It however cautioned that such an attitude could jeopardise global energy security. Because… Read More ›
The market for large SUVs in the United States has been on the uptick for quite some time now and auto makers have been compromising some of their non-performing models to focus on large SUVs. This is exactly the case… Read More ›
According to the CEO of Nokia, Rajeev Suri, there would likely be no delay in the roll out of the next generation mobile technology 5G because of the possible exclusion of Chinese companies from such networks on alleged security grounds…. Read More ›
The United States should become global leaders in technology not through blocking others but through competition, said the US president Donald Trump. American firms must “step up their efforts, or get left behind”, Trump said. While not specifically mentioning the… Read More ›
Chinese customs has stopped importing Australian coal with the Chinese foreign ministry stating this is a “completely normal” practice. While China has always portrayed itself as playing by the rules, its surprising that it did not provide a guidance or… Read More ›
With Timothy Fletcher’s cooperation, the U.S. Justice Department, the Federal Reserve and the SEC will follow through with any pending or potential enforcement action against other individuals who are or were affiliated with the Hong Kong unit of JPMorgan Chase… Read More ›
Domino’s reported weaker than expected earnings and revenues for the fiscal fourth quarter, disappointing investors, resulting in decreased confidence and a consequent drop of 6 per cent in the shares of the pizza delivery giant. “Our long-game approach, driven by… Read More ›
Luxury carmaker Aston Martin is continuing with the construction of a new plant for assembling vehicles in Wales and the company has already completed setting up of the paint shop and currently robots are being got ready to be deployed…. Read More ›
While reiterating that China is always open to the wider world, the Chinese government’s leading diplomat told a visiting U.S. delegation that China’s right to develop and become a prosperous country should be respected by the United States. Following the… Read More ›
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