The top Chinese chipmaker SMIC and Chinese drone manufacturer SZ DJI Technology Co were among the dozens of Chinese companies that the United States government added to its trade blacklist on Friday in the latest measure implemented by the US… Read More ›
Regulations & Legal
More Than 40 Organizations Victims Of Massive Cyber Breach Identified By Microsoft
More than 40 customers of Microsoft across the world have been identified by the software giant that had been installed with the problematic versions of a third-party IT management program and that were particularly targeted by a hacking campaign of… Read More ›
Coke’s Pandemic Induced Restructuring To Result In 2,200 Job Losses Globally Worldwide
A restructuring plan that is soon to be implemented by the global soft drinks giant Coca Cola will see a reduction of about 2,200 jobs in its global workforce. The novel coronavirus pandemic has already hit the business of the… Read More ›
China-EU Investment Agreement Could Be Struck By Year-End, Says Reports
The European Union and China are trying to strike an agreement on investment by the end of the current year which will give the EU greater access to the Chinese market. Negotiations for this deal has been ongoing for the… Read More ›
Report Claims People From China’s Uighur Minority Can Be Identified By Alibaba’s Facial Recognition Tech
According to a report published by the surveillance industry researcher IPVM, facial recognition technology has been developed by the Chinese technology giant Alibaba Group Holding Ltd that is designed to specifically pick out members of China’s Uighur minority. This report… Read More ›
Bitcoin’s Value Crosses $20,000 And Hits An All-Time High
The virtual currency bitcoin broke its own record and touched an all-time high of as it went past the $20,000 mark. With the stock market in turmoil this year, the value of this volatile virtual currency has increased by more… Read More ›
U.S. & EU should iron out differences over subsidies to aircraft manufacturers: USTR
In a significant development, in an interview, U.S. Trade Representative Robert Lighthizer stated the United States and Europe should agree to be on the same page and collaborate in opposing any future “hurtful” subsidies used by China to build up… Read More ›
Washington hopeful of mini-trade deal with London: USTR
In a statement, U.S. Trade Representative Robert Lighthizer told the BBC that Washington is aiming to seal a mini-trade deal with the U.K. which will see a reduction of trade tariffs. Hopefully, punitive tariffs on Scottish whisky could be lowered… Read More ›
Workers Vandalize India iPhone Factory Over Non-Payment Of Salaries By Apple Supplier
Workers at an iPhone factory in India run by a Taiwanese manufacturer vandalised it over claims that they were not been paid wages. This incident has prompted the iPhone maker Apple to start an investigation into it. People were seen… Read More ›
UK Business Urged To Stop Using Slave Cotton From China’s Uighur
A member of an influential parliamentary committee in the United Kingdom has issued a warning to the country’s business and companies that they should inquire and investigate the source of the cotton that they are purchasing and using so that… Read More ›