Headwinds facing Huawei Technologies and ZTE Corp is likely to shoot up to gale force. In a development that comes in the wake of federal prosecutors investigating alleged stealing of trade secrets by Huawei from T-Mobile and other businesses, a… Read More ›
Russian Finance Minister Anton Siluanov has shed some light on ongoing talks between GAZ and the U.S. Treasury Department. On Tuesday, Russian Finance Minister Anton Siluanov disclosed, talks between the Russian government with its U.S. counterpart are underway in order… Read More ›
The arrest and the subsequent extradition to the United States is one of several headwinds facing Huawei. Countries across the world are taking steps to bar the usage of Huawei’s equipment from their core existing and future mobile operations. In… Read More ›
The Saudi Government-funded think tank is studying the potential impact this move would have on the oil market. The Wall Street Journal has reported citing sources familiar with the matter at hand as saying, a top government-funded think tank in… Read More ›
As a result of an improvement in diplomatic and economic relations between Ankara and Washington, Turkish President Tayyip Erdogan has held talks with U.S. President Donald Trump concerning Turkey’s state-owned bank Halkbank. Following an announcement by Turkish President Tayyip Erdogan… Read More ›
The development will further weaken foreign investment in Iran. Bloomberg has reported, citing a U.S. official familiar with the matter at hand saying, Volkswagen AG will put an end to the bulk of its operations in Iran. The Trump administration… Read More ›
The appointment comes at a time when the Chinese economy is cooling with record low retail sales, and is showing signs of stress from U.S. sanctions. On Tuesday, in a strategic move China has appointed Zhu Hexin as the vice… Read More ›
Officials have ascribed the re-clamping of U.S. on Iran as being an unlawful reach beyond U.S. borders. On Tuesday, Alistair Burt, Britain’s minister of state for the Middle East, told BBC radio that it is possible to protect European companies… Read More ›
Despite protests from U.S. allies, Washington has reclamped sanctions on Iran. On Tuesday, with the US sanctions being snapped back in place on Iran, Nestle, the world’s biggest food company, stated it does not see a direct fallout as a… Read More ›
The stock and the commodities market slipped lower on Wednesday as trade tensions between U.S. and China continued to escalate. On Wednesday, following renewed threats of tariffs on Chinese goods worth $200 billion by U.S. President Donald Trump, commodities and… Read More ›
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