In a significant development, in a statement Ihor Zhovkva, the deputy head of President Volodymyr Zelenskiy’s office, said Ukraine has completed a questionnaire which will form a starting point for the European Union to decide on its membership. The questionnaire… Read More ›
Shares of Yum China along with four other Chinese companies have fallen sharply after they were ensnared in an audit dispute between China and the United States. In a statement Yum China Holdings, the owner of KFC, Taco Bell and Pizza… Read More ›
In a statement the SWIFT international payments system said, it was preparing to implement new sanction measures by Western countries targeting select Russian banks in coming days. “We are engaging with European authorities to understand the details of the entities… Read More ›
In the months to come, the European Union plans to introduce legislation which will require technology companies to comply with laws aimed at tackling child sexual abuse, said a top EU official. In an interview to Germany’s Welt am Sonntag… 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 ›
In a statement the U.S. Securities and Exchange Commission said, Healthcare Services Group Inc has agreed to pay a $6 million fine to settle civil charges for its alleged failure to account for legal settlements with its employees, which resulted in… Read More ›
After Beijing state prosecutors initiating a civil public interest lawsuit against Tencent’s subsidiary, the company said it would investigate the functions of its popular social messaging app WeChat’s “youth mode”. According to prosecutors, WeChat’s “youth mode” does not comply with… Read More ›
More than 36 influential business groups from the United States and asked U.S. President Joe Biden’s administration to restart trade talks with China; they have also asked that Washington cut its tariffs on Chinese exports to the United States, said… Read More ›
Beijing is stepping up supervision of its companies listed abroad, said its cabinet in a statement. The development comes in the wake of China launching a cyber security investigation into Didi Global Inc just after its US IPO. In a… Read More ›
In a significant development U.S. President Joe Biden has proposed a hike of 11% in budgetary funding for the Federal Trade Commission and the Justice Department’s Antitrust Division, both of which have filed major lawsuits against big tech companies in… Read More ›
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