According to research firm Baker & McKenzie, if Boris Johnson’s government fails to secure a post-Brexit trade deal with the European Union along with the impact the coronavirus is having on the British economy, their combined cost to the United… Read More ›
Regulations & Legal
Golar Power’s bid for Petrobras’s natural gas import terminal faces potential disqualification
According to sources with direct knowledge of the matter at hand, Golar Power Ltd has submitted the highest bid for a much sought after natural gas import terminal leased by Brazil’s state-run energy firm Petrobras. However Golar’s bid could potentially… Read More ›
Turkey will face sanctions if provocative unilateral actions don’t stop: EU
On Friday, having attended a meeting of the 27-nation EU’s leaders, European Commission President Ursula von der Leyen stated, the bloc could impose sanction on Turkey if it continues its acts of “provocations and pressures” in the East Mediterranean. “We… Read More ›
46 Million Jobs Could Be At Risk Due Ot Collapse Of Global Air Travel, Says New Report
According to new research46 million jobs from the global aviation industry could be wiped off because of the impact of the novel coronavirus pandemic which has almost decimated the global airline market and industry. This report highlights the degree of… Read More ›
Europe Gives Nod To 15-Minute Coronavirus Test
Europe has approved a test for Covid-19 that can yield results in just 15 minutes and can be done at the point of care without the need for elaborate testing facilities, said Becton Dickinson, the maker of the test kit…. Read More ›
Fishing Concessions Offered By UK To EU To Sweeten Its Brexit Offer
In an effort to sweeten its Brexit deal offer at the eleventh hour, the United Kingdom has made a new offer to the European Union in which it said that it was willing to allow for a three-year transition period… Read More ›
WTO Allows EU To Impose Tariffs Against $4Bn US Goods Over Boeing Subsidies: Reports
The European Union has been allowed by the World Trade Organization to impose import tariffs on products from the United States worth $4 billion as a retaliatory measure to US tariffs on EU products over the WTO case of subsidies… Read More ›
Survey Suggests Over 60 Million People In India May Have Been Infected By Covid-19
A new health survey in India has indicated that more than 63 million Indian had been infected already by Covid-19, the disease caused by the novel coronavirus. According to health authorities the actual number of infected people in India is… Read More ›
British car parts will attract EU tariffs, with or without a deal: BBC
In a report the BBC said, the UK has so far failed to persuade the EU to accept car parts from Japan and Turkey as British when they are used in Britain, thus implying that such automotive exports from Britain… Read More ›
Questions Over Nvidia’s Commitment To A.I. Lab Raised In Cambridge
United States chip maker Nvidia’s commitment build a new artificial intelligence (AI) lab in the city was questioned by technologists at the heart of the technology scene in Cambridge which is one of the academic powerhouses of Britain. Some have… Read More ›