On Tuesday, in a statement, China’s commerce ministry stated, a “warning” given by the United States’ to U.S. companies which are working in the western Xinjiang region has resulted in destabilizing the global supply chain. Earlier this month, the U.S…. Read More ›
Regulations & Legal
Trump Administration lays groundwork for potential crackdown on U.S.-listed Chinese companies
In a significant development, the Trump Administration plans on scrapping a 2013 U.S.-China agreement on auditing, said a senior State Department official. The move could potentially foreshadow a broader crackdown on U.S.-listed Chinese firms which routinely side step U.S. accounting… Read More ›
Washington strengthens U.S. policy on South China Sea, rejects Chinese claims of maritime empire
In a significant development that sends a strong message to the Chinese leadership, Washington has rejected all claims made by Beijing in the South China Sea. So far, China has not offered any coherent legal basis for its ambitious claims… Read More ›
Cvoid-19 Pandemic To Result In 9,000 Job Cuts At Emirates
The novel coronaavirus pandemic induced crisis is forcing the Middle Eastern airline Emirates to cut as many as 9,000 jobs, said the president of the company. This is the first occasion that the actual number of job cuts has been… Read More ›
Rift Among Scientists Over Whether Cvoid-19 Germs Are Airborne Exposed By Pandemic
A clash among medical experts has started with the emergence of the novel coronavirus pandemic which dates back nearly a century when the germ theory was formulated. Earlier this week, the Geneva-based World Health Organization confirmed that the germs of… Read More ›
One third of U.S. companies in Hong Kong plan on moving assets or business in long term: Amcham
According to the results of a survey conducted by the American Chamber of Commerce (Amcham), most U.S. companies in Hong Kong have concerns regarding the draconian changes imposed by China on Hong Kong in the garb of a new national… Read More ›
UK plans on creating ‘freeports’, overhaul taxation, incentivize manufacturing & innovation post Brexit
In a report, the Sunday Telegraph said, Rishi Sunak, Britain’s finance minister is preparing to introduce sweeping tax cuts as well as overhaul planning laws in up to 10 new “freeports” within a span of 1 year following Britain’s leaving… Read More ›
IMF Urge Governments To Back Pandemic Hit Firms Via ‘Equity-Like’ Support
The damaging impact of the novel coronavirus pandemic on companies has been prolonged and therefore the government support focused on loans needs to be shifted to “equity-like” support from the government, urged the Chief Economist at the International Monetary Fund,… Read More ›
UN Summit: Coronavirus Effect On Global Job Scenario Discussed By Global Leaders
Calls for a comprehensive approach to address the impact of the novel coornavirus pandemic was given by global leaders at a summit of the United Nations labour agency. Covid-19 had plunged the world of work into “unprecedented crisis”, said Guy… Read More ›
European Council President Charles Michel proposes 5 billion euros Brexit adjustment fund
On Friday, European Council President Charles Michel said, the Brexit negotiations were certainly not easy and that countries, regions and industries will face disruptions from 2021 regardless of whether there is a deal or not. He also laid out a… Read More ›