In a statement the British government said, all tariffs on goods exported by Ukraine to Britain under an existing free trade agreement will be removed to help the Ukrainian economy. “All tariffs would be reduced to zero and all quotas… Read More ›
Strategy
Europe-South Korea relations key to managing fallout of US-China rivalry
According to former ambassadors and government officials, it is important that Europe nurtures closer ties with South Korea under South Korean President elect Yoon Suk-yeol to manage China’s rising power and the increasing rivalry between the United States and Beijing…. Read More ›
Sri Lanka in early debt refinancing talks with China
On Tuesday, a spokesman for Sri Lanka’s cabinet said, Sri Lanka has started negotiations with China on refinancing its debt as it struggles to manage its worst financial crisis in decades. “Now since the IMF is willing engage with Sri… Read More ›
Twitter Board Of Directors Meets With Musk To Discuss Acquisition Deal – Reports
Elon Musk reportedly met with Twitter’s board of directors over the weekend to discuss his $43 billion buyout offer. Following the announcement of the Tesla CEO’s bid, Twitter’s management declared a “poison pill” strategy to stave against a hostile takeover…. Read More ›
End Of The Road For Datsun Automobiles Has Been Signalled By Nissan
Japanese car maker Nissan has announced that it will no longer produce automobiles under the Datsun brand, which has a more than century-long heritage. It was one of the brands that helped Japanese automakers gain international recognition following WWII. The… Read More ›
Renault SA considering separating EV business from combustible powered vehicles
On Monday, shares of Japanese automaker Nissan Motor Co Ltd slumped by 5%, marking their biggest fall in more than a month, following a report that Renault SA, its top shareholder, may consider lowering its stake in the company. Last week… Read More ›
EU to unveil regulations on carbon footprint of batteries
On Monday, in a statement, Germany’s economy ministry said, “A consortium of carmakers and battery producers including BMW, Umicore and BASF will work alongside technology partners to develop a battery passport that traces the content and carbon footprint of batteries in Europe”. The… Read More ›
Chinese self driving robotaxi startup gains taxi license permit in Nansha, Guangzhou
In a statement self-driving tech startup Pony.ai said, it has obtained a taxi license in China which will allow it to monetize some of its driverless vehicles in the country since it will be allowed to charge fares on them…. Read More ›
COVID-19 pill by Japanese drug maker rapidly disarms SARS-CoV-2 virus
In a statement Japanese drug maker Shionogi & Co Ltd said, their experimental treatment for COVID-19 has shown rapid clearance of the virus that causes the disease. The pill, S-217622, “demonstrated rapid clearance of the infectious SARS-CoV-2 virus”, said Shionogi… Read More ›
EU Chief visits India with trade tech, military offers
On Monday, a senior official from the EU said, during European Commission President Ursula von der Leyen’s visit to India, she will seek to increase sales of European military equipment to India and relaunch talks of a free trade agreement…. Read More ›