Here are the views of EU’s foreign policy chief on Brexit during her visit to Beijing. Federica Mogherini, the European Union’s foreign policy chief, has stated that Britain is set to lose more than just its membership in the EU… Read More ›
China
Baidu joins the race for tomorrow’s self-driving cars
It has appointed Qi Lu, a former executive at Microsoft Corp as its chief operating officer. China’s Baidu Inc has disclosed it will be launching its self-driving car technology designed for a restricted environment later this year in July. It… Read More ›
Broadcom positions itself to win Toshiba’s chip manufacturing unit
Japan is making every effort to ensure that the sale of Toshiba’s chip manufacturing unit, which it deems as a risk of national security, does not fall into the hands of the Chinese. Japanese newspaper Asahi has reported that a… Read More ›
Anbang’s acquisition of Fidelity & Guarantee life falls through
There is more to this deal than meets the eye, especially in the wake of developments that preceded this wherein last month Kushner Companies ended talks with Anbang to redevelop its New York office tower. As per sources familiar with… Read More ›
Western Digital Corp tries to arm twist Toshiba for entering into exclusive talks
Western Digital has more than its foot in the door and is trying to capitalize on its existing joint venture with Toshiba. In a development of strategic nature, Western Digital Corp has shot off a letter to Toshiba, with whom… Read More ›
Toshiba files quarterly earning without PwC’s endorsement
The move has put immense pressure on the Tokyo Stock Exchange. With the U.S. and Japan huddling together to block a common foe, China, it is to be seen how Foxconn’s offer, which is $10 billion more than Toshiba’s internal… Read More ›
Trump wins round one: China offers concessions to avoid trade wars
The Chinese who have earlier used cyberattack as a means of gaining technological superiority in trade have now offered concessions to avoid a trade war. The Financial Times has reported citing officials familiar with the matter at hand, China is… Read More ›
Kaspersky Lab links Lazarus Hacking group to Bangladesh cyber heist
Kaspersky Lab’s report states that at the face of it Lazarus is linked to North Korea however the link is not conclusive. Given the fact that Lazarus is a group of professional hackers, the chances of finding clinching evidence is… Read More ›
ZTE pleads guilty to violating U.S. sanctions
The Chinese company had made elaborate plans to hide its illegal activities. Only after the U.S. Department of Commerce threatened to cut off its global supply chain having presented ZTE evidence of its illegal activities did the company agree to… Read More ›
Britain cozying up to China to offset EU trade
Britain hopes to stave-off the effects of a hard Brexit by partnering with China. A top official at Britain’s finance ministry has stated that Britain aspires to be China’s leading Western partner as China tries to manoeuvre itself as the… Read More ›
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