In a statement self-driving tech startup Pony.ai said, it has obtained a taxi license in China which will allow it to monetize some of its driverless vehicles in the country since it will be allowed to charge fares on them…. Read More ›
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UK expelled 3 Chinese spies posing as journalists
According to a report from The Telegraph newspaper, in 2020 the United Kingdom expelled three Chinese spies who were in the country on journalism visas. Citing a UK government source, the report said the three expelled Chinese spies were intelligence… Read More ›
Britain’s clips China’s soft power: revokes CGTN’s license to operate within the country
In a statement on Friday, China’s foreign ministry said, it is “firmly opposed” to Britain’s decision to revoke the license for its state media CGTN to operate within the country. The development comes in the wake of the UK’s communications… Read More ›
Boeing gets approval to sell F-15EX fighter jet to India
According to a senior executive from Boeing, the company has received a license from the U.S. government to offer its F-15EX fighter jet to the Indian air force. Boeing’s F-15EX fighter jet will compete with France’s Rafale, Sweden’s Gripen among… Read More ›
U.S. approach to industry-standard patents undergoes policy-shift
In a far-reaching policy shift, officials from the United States antitrust and patent office stated they no longer deem holders of industry-standard patents anti-competitive if they sue to stop the sale of infringing products. In a joint statement, the U.S…. Read More ›
European Court of Justice rules Uber is a transport service provider
Although the landmark ruling will not have an immediate impact on the rider hailing service provider, since it already operates under transportation law, it will nevertheless have a material impact on the company’s finances and its operations. On Wednesday, in… Read More ›
Appeal process for Uber could take years: London Mayor Sadiq Khan
Uber can continue to operate in London until this due process of law is expired. On Thursday, London Mayor Sadiq Khan stated Uber’s appeal against London’s transport regulator ban could go on for years. In September, Transport for London stripped… Read More ›
Foreign payment card companies need not enter into JV to operate in China: People’s Bank of China
Foreign payment card companies face more hurdles in China: its central bank has clarified, it cannot officially process their application for operating in China. On Wednesday, China’s central bank has stated, Chinese regulations do not require foreign payment card firms… Read More ›
Paris charms London’s bankers looking to relocate following Brexit
Although French labour and tax laws are certainly a consideration, what the bankers will also have to factor in, in their decisions for relocation is Parisian charm and finesses after all “When was the last time you took your partner… Read More ›
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