In its worst trade dispute to yet, the European Union is set to apply duties of up to 37.6% on Chinese-made electric car imports starting on Friday, according to EU officials. This move is certain to escalate tensions with Beijing…. Read More ›
Regulations & Legal
A Research Firm Claims Japan Would Lack Almost A Million Foreign Workers By 2040
An estimate from a state-backed think group on Thursday revealed that if the government intends to meet its targets for economic development as the country’s population declines, Japan would need about a million foreign workers by 2040. The Japan International… Read More ›
Microsoft And OpenAI, Google And Samsung’s AI Deals Are Under EU Scrutiny
Regulators have singled out Microsoft and OpenAI’s exclusive provisions, prompting the possibility of an EU antitrust inquiry into their cooperation. Google’s artificial intelligence agreement with Samsung has also drawn attention. Additional third-party perspectives will be sought by EU antitrust regulators,… Read More ›
Centre for Investigative Reporting sues Microsoft and OpenAI as the news industry intensifies its fight on AI
The news business has a new and strong friend in the fight against OpenAI. The nation’s oldest nonprofit newsroom, the Centre for Investigative Reporting, filed a lawsuit against OpenAI and its principal sponsor, Microsoft, in federal court on Thursday, citing… Read More ›
Survey Shows IT Innovators Are Avoiding IPOs Following A Prolonged Period Of Market Stagnation
Silicon Valley is renowned for developing innovative startups that emerge from garages and grow into enormous publicly listed enterprises that are well-known worldwide. From Google and Facebook to Oracle and Microsoft, aspirational tech pioneers have become millionaires thanks to public… Read More ›
China Wants An EV Tariff Agreement With The EU That Benefits Both Parties
China’s commerce ministry stated on Thursday that the country is hopeful that talks with the European Union would result in a “mutually acceptable solution” over provisional tariffs on Chinese electric cars (EVs) that are set to go into effect on… Read More ›
Europe Fails To Meet Its Mineral Ambitions In The Drive To Reclaim Its Glory In Rare Earth Metals
Four decades ago, one of the biggest rare earth manufacturing facilities in the world was located on France’s Atlantic coast. It produced elements that were used to build arc lights, colour televisions, and camera lenses. After years of declining production,… Read More ›
Following The Nvidia Deal, CEO Of Ooredoo Says U.S. Chip Restrictions In The Middle East Are “Business As Usual”
Ooredoo, a telecom company based in Qatar, said CNBC on Wednesday that it complies with all US legislation regarding its new partnership with Nvidia and would continue to have access to cutting-edge technology. Nvidia made its first significant foray into… Read More ›
After Dull Mid-Year Shopping Carnival, Outlook For China’s Retail Industry Seems Dismal
Following a dismal mid-year online shopping festival that has also cast doubt on the recovery hopes of the world’s second-largest economy, retailers in China face a difficult future. According to estimates, e-commerce sales experienced a dip for the first time… Read More ›
Despite Trade Disputes, Chinese Businesses Are Dedicated To The US Market, A Poll Reveals
Despite mounting concerns about U.S.-China relations and the overall economic environment, the majority of Chinese firms surveyed recently in the U.S. said they are still enthusiastic about the market’s long-term prospects. According to the China General Chamber of Commerce’s annual… Read More ›
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