According to a report from the Wall Street Journal, the Chinese government has ordered Alibaba Group Holding Ltd to divest all of its media assets. Discussions over the matter have been ongoing since the beginning of this year, with sources… Read More ›
On Tuesday, a solar industry body said, solar installations in the United States are likely to quadruple by 2030 thanks to booming demand for carbon-free power and an extension of a key industry subsidy late last year. The sector is… Read More ›
In a significant development, the leader of the AFL-CIO, the largest U.S. labor federation, has called on the Biden Administration and the U.S. Congress to not import solar products from China’s Xinjiang region over human rights violations. In letters to… Read More ›
The Chinese telecommunications giant Huawei Technologies Co is looking to venture into less glamorous business alternatives which can eventually help the company to offset the fall in the revenues from its biggest revenue contributor – its smartphone business, after the… Read More ›
The sale of weapons for the period between 2016 and 2020 has been more or less stable compared to the previous five years globally, showed data from a Sweden-based research institute. A decline in arms sales from Russian and Chinese… Read More ›
Rising public anger in Myanmar against China, which is viewed as being supportive of the military junta has led Taiwan’s de facto embassy in Myanmar advised its companies that operate in the country to fly its flag so that they… Read More ›
In a statement Singapore’s foreign ministry said, it is in discussion with Australia on introducing the possibility of an air travel bubble that allows residents to travel between the two countries without requiring them to be quarantined. “Singapore is discussing… Read More ›
On Monday, in a statement state-owned Shanghai Securities News said citing a central bank official, with high-carbon industries pulling out of China is likely to lead to a possible re-evaluation of invested financial resources; it is also likely to strengthen… Read More ›
With British companies struggling with the new terms of trade following Brexit, the exports of the country collapsed in January. In the in its first month that it was completely outside the bloc, the United Kingdom reported a drop of… Read More ›
A third wave of the Covid-19 pandemic has already started in Germany, warned the head of Germany’s public health agency earlier this week. This warning came at a time when lockdown restrictions were being gradually relaxed across the country even… Read More ›
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