With Japan’s Mitsubishi Motors Corp posting dismal sales in key South-Asian markets for this financial year, its shares fell by more than 10% to an all-time low on Tuesday. Mitsubishi Motors has projected an operating loss of $1.33 billion (140… Read More ›
On Monday, China’s Huawei Technologies Co stated, it has slashed its India revenue target by up to 50% for 2020 and has begun laying off employees in the country. The development comes in the wake of Chinese troops attacking their… Read More ›
On Monday, rare earth producer Lynas Corp stated, it has signed a contract with the U.S. Department of Defense to begin initial design preparations for its heavy rare earth separation facility in Texas. The Pentagon is providing initial funding for… Read More ›
On Monday, with news of U.S. chipmaker Intel Corp signalling that it may stop manufacturing semiconductors of its own chips, shares of Taiwan Semiconductor Manufacturing Co Ltd (TSMC) soared by nearly 10%. TSMC is the world’s biggest contract chipmaker. The… Read More ›
On Sunday, according to a report from the Mail, British Prime Minister Boris Johnson is set to overhaul the United Kingdom’s treason laws. The development comes at a time of increased activity by foreign agents in the country with many… Read More ›
On Sunday, data from the General Administration of Customs showed, China’s import of crude oil from Saudi Arabia in June 2020, soared by 15% from a year ago with Beijing import record amounts of the fuel when prices are low…. Read More ›
The Chinese owned video sharing app TikTok plans to increase the size of its global workforce and has been trying to woo employees from United State based tech companies form their offices in America as well as in Europe. The… Read More ›
Purchasing of Covid-19 vaccines through an initiative co-led by the World Health Organisation has been rejected by the European Union because that process is slow and of high cost, said a report published by the news agency Reuters quoting two… Read More ›
A latest research by a group of scientists who have developed a new computer model which enables them to track the flow of global plastic pollution has claimed that over the next two decades, if there is no widespread intervention,… Read More ›
The European Commission has urged all the countries in the European Union to undertake urgent action to diversify the pool of suppliers for their 5G networks. According to analysts, this move is aimed at increasing competition for the Chinese telecom… Read More ›
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