According to analysis by the global rating agency Standard & Poor’s, there could be a prolonged recession in the British economy because of a possible rise in unemployment and a fall in the household income if the Theresa May government… Read More ›
Regulations & Legal
Justice Department indictment shows Chinese intelligence officers wanting to steal U.S jet engine design
This indictment unsealed by the U.S. Justice Department de-hazes to some extent the stance the Trump Administration has taken vis-a-vis China and its accusations of violating U.S. intellectual property. A U.S. indictment unsealed on Tuesday reveals that intelligence officers from… Read More ›
Italy’s Q3 Economic Growth Zero, Eurozone Also Slows Down
There was no growth at all in the economy of Italy for the third quarter of the current year as all economic activity came to a virtual standstill during the quarter. This development in the country assumes importance because the… Read More ›
U.S. to become “undisputed leader” for oil and gas in the next 5-10 years
Armed with improved recovery rates, innovative technology and financing, the U.S. has overtaken Saudi Arabia in crude oil production in September 2018 and is within reach of the world’s no. 1 crude oil producer – Russia. In a strategic development,… Read More ›
Australia to exclude telecom equipment suppliers with ties to foreign governments from its 5G market
Given that 5G will become a critical infrastructure since it will connect everything ranging from smart gadgets to automobiles, telecom equipment suppliers will be scrutinized for their ties to foreign governments. In what could possibly explain Australia’s move to ban… Read More ›
Large-Scale 5G Trials In India To Begin First Quarter Next Year
According to media reports in India quoting government officials, starting next year, first large-scale trials for 5G technology would be initiate din India by the country’s telecommunication department. South Korean tech giant Samsung has been chosen to be the partner… Read More ›
Japan, China Comes Closer Through Trade Deals During Abe Visit
In the face of both facing trade challenges from US president Donald Trump, Japan and China touted their rare close ties as they signed $2.6 billion in business deals during the visit of Japanese Prime Minister Shinzo Abe to China…. Read More ›
Call For A New “National Zero Emissions Vehicle Program” In US Given By GM
A call to the Trump administration to agree to a National Zero Emissions Vehicle (NZEV) Program has been given by US auto maker General Motors through après release. While it might appear to be an announcement that could appear surprising… Read More ›
Britain’s central bank directs all banks to build Brexit cushion by March 2019
The move has the twin objectives of cushioning Britain in case of a cliff-hanger Brexit as well as provide sufficient room for maneuvering to British lawmakers who are yet to hammer out a Brexit deal with the EU. In a… Read More ›
Allegation Of Climate Change ‘Fraud’ Brought Against Exxon In The US
ExxonMobil has been accused of misleading investors about the risks that are associated with its business and climate change. This emerged after a legal action was taken by the state of New York against the oil major. It has been… Read More ›