On Tuesday, in a significant development Royal Dutch Shell is facing a lawsuit brought on by environmentalist and human rights groups demanding that the energy giant cut its reliance on fossil fuels. In April 2019, seven activist groups, including Friends… Read More ›
On Tuesday, in a statement Credit Suisse said, a judge who is presiding over a more than a decade long lawsuit regarding a U.S. residential mortgage backed security (RMBS) has asked it along with another party to issue estimates of… Read More ›
The United Kingdom government has ordered that telecoms providers in the country have to stop installing equipment from the Chinese telecom equipment maker Huawei in the country’s 5G networks starting September next year. Prior to the introduction of the telecommunications… Read More ›
Time available for them to come to an agreement on a Brexit dela was quickly running out, both the United Kingdom and the European Union warned each other on Monday. The issues of state aid, enforcement and fishing still remain… Read More ›
The rally in the crypto currency bitcoin has been very good so far this year and topped it up as the virtual currency hit another milestone as it rose by 8 per cent to reach an all-time high value of… Read More ›
In a significant development of strategic trade and military dimensions, the Trump Administration is poised to add China’s top chipmaker SMIC and its national offshore oil and gas producer CNOOC to a trade blacklist. The potential trade action blocks the… Read More ›
On Sunday, British foreign minister Dominic Raab stated Britain’s negotiations with the European Union over Brexit are positioned reasonably well, with some progress made on competition issues; however significant differences continue remain on fishing. “I do think we’re in a… Read More ›
China imposed import duties of up to 212 per cent on Australian wine starting Saturday. This measure was temporary in nature and was aimed at preventing of dumping of subsidised imports of Australian wine, said China’s commerce ministry. The announced… Read More ›
Continuing its efforts in an attempt to bully Australia, on Friday, China’s Ministry of Commerce said, it will temporary impose anti-dumping measures on Australian wine from November 28, 2020. The move will further escalate trade and diplomatic tensions between Canberra… Read More ›
A research commissioned by the Bank of England aiming to find out how long the virus lasts on cash and bank notes has suggested that a low risk of spreading Covid-19 is posed by handling bank notes, said the Bank… Read More ›
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