According to a report from The Telegraph newspaper, in 2020 the United Kingdom expelled three Chinese spies who were in the country on journalism visas. Citing a UK government source, the report said the three expelled Chinese spies were intelligence… Read More ›
In a statement on Friday, China’s foreign ministry said, it is “firmly opposed” to Britain’s decision to revoke the license for its state media CGTN to operate within the country. The development comes in the wake of the UK’s communications… Read More ›
In a statement on Friday, PayPal Holdings Inc said, from April 1, 2021, it will close down its domestic payments business in India. It will continue to focus on its cross-border payments business, which enables global customers to pay Indian… Read More ›
According to a source familiar with the matter at hand, McKinsey & Co, a consulting firm, has agreed to pay $573 million to resolve claims with 43 U.S. states related to its role in the opioid epidemic and advice it… Read More ›
The cloud business of Google, to which it is currently providing a deeper look, does not seem to be doing well. An operating loss of $1.2 billion for Google Cloud was reported by the company for the fourth quarter of… Read More ›
With crippling additional import duties imposed on Australian wine in China, wine makers in Australia had been trying out new markets and one of the successful markets was that of the United Kingdom. Last year there was 30 per… Read More ›
In a significant development that sees a reversal of U.S. energy policy, the Biden Administration stated it would restart permitting for the first major U.S. offshore wind farm. The development reverses a Trump administration decision that canceled the process in… Read More ›
British lender NatWest is the latest UK retail and commercial bank to switch to issuing Mastercard debit cards from Visa, in an agreement that includes 16 million consumer and business customer cards. The development sees Mastercard, which has since long… Read More ›
In a report Japan’s the Nikkei newspaper said, Toyota Motor Corp plans on boosting its global production to record high at 9.2 million vehicles in 2021. The automaker has informed its main suppliers of the plan, which reflects sales momentum… Read More ›
According to a top Indian business leader, the Indian economy will inch closer to becoming a $5 trillion economy because of the efforts to privatize state-owned companies. According to the target set by the country’s Finance Minister Nirmala Sitharaman in… Read More ›
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