In a significant development, the U.S. Commerce Department stated, it has finalized a new rule which it will apply to products from countries that it determines undervalues their currencies against the dollar. This could potentially impact China and be a… Read More ›
In the last quarter of 2019, the economies of France and Italy unexpectedly shrank, which slowed down the growth rate of the entire eurozone – which now is close to stalling, shows latest data. According to the European Union statistics… Read More ›
European aircraft manufacturer Airbus has agreed to settle corruption cases with regulators in the United Kingdom for a deal worth almost €1bn. This deal is the culmination of a long drawn investigation into allegations by UK’s Serious Fraud Office (SFO)… Read More ›
According to reports, more than 50 million people residing in Wuhan and the nearby cities at the center of the outbreak have been prevented from leaving the cities by Chinese authorities with increasing anxiety and concerns about the outbreak of… Read More ›
In what is believed to be one of the largest patent verdicts ever, a fine of $1.1 billion to a California university has been ordered to be paid by Apple and Broadcomin relation to charges of infringing wifi technology patents…. Read More ›
While the global financial markets have been spooked by the rate of spread of the novel coronavirus, which originated in China, the energy companies and markets are still trying to assess the economic impact this outbreak could have. Since its… Read More ›
An increase in travel warnings by various governments and a drop in demand for tickets from passengers bound for China because of the fast spread of the coronavirus outbreak, decisions to suspend or scale back more direct flights to China’s… Read More ›
The very fast spreading of the coronavirus in China has forced the Chinese government take the unprecedented measure of extending the Lunar New Year holiday by as much as a week in some cases as well as the step of… Read More ›
According to the claims of a new report, the workers who are participating in the gig economy are being forced to devote ever-more time on the platforms of companies such as Uber and Deliveroo to maintain financial stability even though… Read More ›
The European Union is planning to overhaul its industrial policy with the aim of creating an environment where European companies can do better at the global market. As a part of that plan, the EU wants to implement more stringent… Read More ›
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