Latest news reports in the United States have claim4ed based on documentary evidence that to banks – the US based Citigroup and French bank BNP Paribas, have got themselves embroiled in the criminal case filed by the US against the chief financial officer of China’s tech giant Huawei Technologies....

Even while the administration of the United States President Donald Trump is contemplating about whether to extend the a grace period for the Chinese tech company Huawei, the president has said that he does not want that any business be conducted between the Chinese firm and the US.   "At...

Those video game enthusiasts of Microsoft’s Minecraft video game would now be able to enjoy greater graphics in the game on their personal computers because the United States based global software company will now use chipmaker Nvidia Corp’s real-time ray tracing technology in that game.  ...

Netflix has managed to rope in “Game of Thrones” show runners David Benioff and D.B. Weiss from HBO for a deal worth $200 million.   This is one of the many deals that Netflix has made in the last year to bring into its fold top talent for making exclusive TV shows and films for its...

The Mexican used car platform Kavak and financial technology firm Konfio are the two latest startups that Japan's SoftBank Group Corp is interested in investing and negotiations to that end is ongoing currently, according to reports.   Analysts said that the move highlights the growing...

According to a news report published by Reuters news agency, a decision to cut thousands of jobs in China and shut down two of four shared assembly plants has been taken by Peugeot maker PSA Group and partner Dongfeng Group. The report was based on documents of the companies and added that the aim...

Japanese casual clothing chain Uniqlo's sale in South Korea has suffered significantly because of the boycott of the South Korean consumers of goods. This was announced by the company on Friday. This highlighted the growing rift between the two countries in the economic context. A trade spat is...

Harmony OS, the long rumored first-party operating system of Chinese tech giant Huawei was unveiled by it. The company has been developing the OSD for quite some years now.   However it had recently become important for Huawei in the face of the US ban which prevented it from doing business...

There were looming regulatory challenges for the joint venture between BMW and its Chinese joint venture partner China's Great Wall Motor, a joint venture necessary as a precondition of or doing business in China for any foreign company. This was commented to by the Chinese firm on Wednesday. The...

Till now, the main source of revenues for billionaire entrepreneur Elon Musk’s space company SpaceX have been very large communications and military satellites. However the company is now shifting more towards focusing on carrying to space smaller and nimbler satellites.   According to the...

The shares of Tyson Foods Inc reached record highs following the company reporting better-than-expected for the latest quarter and reiterating its earlier forecast that it would make profit because of the spread of a fatal hog disease in China.   Tyson Chief Executive Noel White said that...