On Friday, in a statement, China’s top banking and insurance regulator said, the sector has written off $466.6 billion (3.02 trillion yuan) in non-performing assets in 2020, up by more than 50% from a year ago. At the end of… Read More ›
Regulations & Legal
Senate should approve Biden Administration’s push for U.S. rejoining Paris Agreement: Republicans
With U.S. President Joe Biden signing an executive order which sees the United States rejoining the Paris climate agreement, a group of Republican senators called on him to submit his plan to re-engage the United States in the landmark accord…. Read More ›
India’s IndiGo Airlines Quickly Recovers From Pandemic Hit, Eyeing Foreign Growth
Boosted by a fast recovery of the domestic aviation market of India to almost 80 per cent of the pre pandemic levels, as well as by its financial strength used for enhancing its market share even as rivals are struggling,… Read More ›
EU member states empowered to non-EU passengers from entering country, part of German proposal to contain COVID-19
On Thursday, according to a report from the Times newspaper, a German proposal could see European governments allowing a ban on all UK residents from entering their respective countries along with cutting off all passenger transport links with Britain. The… Read More ›
Europe and America should build new transatlantic founding pact: European Council President Charles Michel
In a significant development, the European Union called on incoming U.S. President Joe Biden to form a “new founding pact” with Europe and collaborate on a wide range of issues including security, freedom, peace, prosperity, and human rights. “Today is… Read More ›
Biden Administration weighs odd of creating White House antitrust coordinator
According to two sources familiar with the internal deliberations, U.S. President-elect Joe Biden Administration is weighing the odds of creating a White House position focused “on competition policy and issues relating to antitrust”. One of the sources has cautioned that… Read More ›
Japan’s Nidec Corp files patent infringement lawsuit against HDD maker Seagate
On Wednesday, in a statement Japan’s Nidec Corp said, it had filed a patent infringement lawsuit against Seagate Technology LLC and its affiliates. In its lawsuit, filed on January 18, in the U.S. District Court in Delaware, Nidec has accused… Read More ›
£600m Lawsuit Over Overcharging Customers To Be Filed Against BT
A law suit is slated to be filed against British telecom (BT) over charges that the telecom company did not adequately compensate its elderly customers even after overcharging them fpr their landlines for years. Those BT customers who only had… Read More ›
Facebook’s WhatsApp Delays Update Of Business Features After Privacy Backlash
Following a huge amount of concerns from millions of its users who feared that the messaging platform was loosening its user data privacy policies, the Facebook Inc. owned messaging app WhatsApp has decided to delay its planned and announced update… Read More ›
Malaysia Files Case Against EU At The WTO Over Restrictions On Palm Oil As Biofuel
The European Union and its member states France and Lithuania had previously imposed restrictions on palm oil based biofuels from Malaysia and the Malaysian government will be initiating legal action against these parties at the global trade watchdog – the… Read More ›
manageria.biz 