The United Kingdom should not go out of the European Union without a trade deal, Japan has urged to the two Prime Minister hopefuls Boris Johnson and Jeremy Hunt, when either of them becomes the UK prime minister. That request… Read More ›
Regulations & Legal
US Urged By China To Remove Ban On Huawei
China has demanded that the sanctions imposed on the Chinese tech company Huawei by the United States should removed with immediate effect. This demand was made by a spokesman for the country’s commerce ministry on June 27 even as US… Read More ›
Real-Time Payments For EU Banks To Speed Up Due To Competition From Facebook And The Likes
According to officials of the finance industry, by 2020, there can be in place a an instant payments system shared by all banks in the euro zone. This would be driven by greater competition being faced by banks from services… Read More ›
Huawei Technologies loses trade secret lawsuit against CNEX Labs Inc
According to Paul Shere, CNEX’s spokesman, Huawei’s lawsuit was an effort to acquire “CNEX’s advanced semiconductor technology” through a court action. In a setback to China’s Huawei, a A U.S. has cleared semiconductor designer CNEX Labs Inc of stealing trade… Read More ›
Bombardier’s trade secrets lawsuit dropped following Mitsubishi-Bombardier deal
Bombardier and Mitsubishi have agreed that the latter will purchase Bombardier’s CRJ regional jet program. Details of the deal have not yet been disclosed. In a statement, Mitsubishi said, Bombardier’s trade secrets lawsuit against its aircraft unit has been “stayed”… Read More ›
Hard Brexit border to cost 50K pounds a minute in border delays: British car industry body
Boris Johnson and rival Jeremy Hunt, have both said they are prepared to take Britain out of the EU without a deal on Oct. 31, 2019, although this is not their preferred option. In a statement, Britain’s car industry warned… Read More ›
US-China To Restart Trade Talks, But China Claims Its Demand Must Be Met
With reference to the revamped trade negotiations between the United States and China – being seen as advance talks prior to a meeting between Presidents Donald Trump and Xi Jinping next week in Japan, Chinese officials said that they hoped… Read More ›
FedEx Admits New “Mistake” About Huawie Package, Says Will Not Delivery Huawei Mail
Admission for another “mistake” related to a Huaqwei delivery by FedEx Corp has drawn the ire from China. Even though the United States based courier company apologized for the mistake, the Chinese state media has suggested that such mistakes can… Read More ›
Trademark Infringement Case Filed Against Walmart By Jetblue
A legal suit of trade mark infringement has been filed against Walmart Inc by JetBlue Airways Corp. The aim of the suit is to prevent the largest retailer of the world from making use of the Jetblack which is used… Read More ›
Companies In Facebook’s Libra Project Could Have Excess Power, Says Facebook Co-Founder
Those corporations who would get involved with the project of the digital currency called Libra being planned to be launched by the social media company Facebook could get undue advantage to getting greater power than the nation states, warned one… Read More ›
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