Even as the United Arab Emirates is set to purchase US F-35 fighter jets, Russia is showing off the prototype of its latest fifth-generation fighter plane at the Dubai Airshow. Unveiled in July, the showcasing of the Sukhoi Su-75 Checkmate… Read More ›
As per a source with direct knowledge, a think-tank of China’s powerful state council met banks and real estate developers in Shenzhen city midst intensifying worries liquidity crisis facing China’s property sector. The meeting, held yesterday, included participants from China… Read More ›
In recent days, European automakers who are already reeling from the global chip shortage have hastened to reassure shareholders that shortages in magnesium do not, for now pose a risk to production plans. Car part suppliers and industry associations have… Read More ›
Twenty countries, including the United States and Canada have agreed to stop public funding of fossil fuel projects abroad by the end of 2022 and instead steer spending into clean energy. The commitment has been termed as a “historic” step… Read More ›
Taiwan has lodged a trade complaint against China at the World Trade Organization following Beijing’s moves to block imports of two types of fruits. Taiwan-China relations have dropped to their lowest in decades following increased Chinese belligerence. China as threatened… Read More ›
While the pledge to phase out coal gained the support of 23 more countries at the U.N. climate conference in Glasgow, big users of coal, the dirtiest of fuels, shunned the move. The COP26 summit aims to find ways to… Read More ›
In a statement on Wednesday, Yi Gang, the Governor of China’s central bank, the People’s Bank of China, said, Beijing will strengthen personal protections in the financial technology sector to curb unauthorised data collection and abuses. Beijing aims to provide… Read More ›
According to a source familiar with the matter at hand, Indian fintech giant Paytm has received regulatory approval from India’s capital markets regulator for its $2.2 billion stock market listing in what is slated to be India’s biggest ever IPO…. Read More ›
According to three sources familiar with the knowledge at hand, Apple Inc’s negotiations with China’s BYD and CATL over battery supplies for its planned electric vehicle have stalled after the Chinese company refused to set up teams and build U.S. plants… Read More ›
On Thursday, the European Union adopted a resolution to deepen economic ties with Taiwan. Interestingly, a similar deal with China has been put on hold. The European Parliament voted 580 to 26 votes, backing a non-binding resolution requesting the European… Read More ›
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