A Chinese Chinese surveillance company that was “implicated” by the United States and subsequently blacklisted by it for its gross violation of human rights violations in China’s efforts to deal with the Uighur Muslim minority uprising will be promoted by… Read More ›
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Coronavirus Impacting Global Operations, Say American Firms In China: AmCham Survey
A poll conducted by Shanghai’s American Chamber of Commerce (AmCham) has found that an impact of the business shutdowns due to the coronavirus epidemic is already being felt in the global operations of almost half of the American companies in… Read More ›
Alstom SA nears deal to acquire Bombardier Inc’s train unit
According to a source familiar with the matter at hand, France’s Alstom SA is close to clinching a deal to acquire Bombardier Inc’s train business. An announcement could come as soon as Monday, said the source while adding that the… Read More ›
USTR Issues Phone Number For US Companies Over To Complain China’s Trade Practices
A dispute resolution office and complaint hotline has been established by the United States S. Trade Representative’s office which will be responsible to ensure that the so called Phase 1 trade agreement between the US and China is enforced, the… Read More ›
Stagnating European Economy Is A Candidate For Coronavirus Shock From China
Amidst resurging fears of a European recession after the last quarter of 2019 turned out a no growth year for Germany and as the deadly coronavirus threatens to drastically reduce exports to China. There was no growth in the German… Read More ›
Airbus Loss Of €1.4bn Primarily Because Of A Record Bribery Fine
Despite an annual loss of €1.4bn for 2019 partly because of the record fines for bribery, the , European aircraft maker Airbus raised its dividend for shareholders as it also reported deliveries of aircraft to be at an all time… Read More ›
Amid The Virus Threat, Japan’s Nissan Reports 83% Drop In Profits
Troubles that started soon after the arrest and ouster of its former Chairman Carlos Ghosn is persisting for the Japanese car maker Nissan. Its profits are on a downward slide and the company now braces for more hits because of… Read More ›
UK’s Regulator Ofcom Will Now Regulate Social Media In The Country
The United Kingdom based watchdog Ofcom will now be handed over new powers to ensure that social media companies are forced to take action against harmful content. This is the first time that such a step is being taken for… Read More ›
Loss Of Nature Will Cause Big Hit To Global Economic Growth, Says New Report
The World Wildlife Fund has warned that about £368bn a year will be wiped off global economic growth by 2050 because of loss of nature. One of the major losers in this will be the United Kingdom which will see… Read More ›
There Will Be Trade Barriers After Brexit, Says UK’s Michael Gove
Those businesses of the United Kingdom who trade with Europe will need to prepare themselves for “significant change” with “inevitable” border checks for “almost everybody” who wants to imports products from the European Union starting next year, Michael Gove, the… Read More ›