A motion for summary judgment has been filed by China’s Huawei Technologies Co Ltd in its case against the decision of the United States government to ban it from doing business in the country even as it tries to fight out a larger attempt by the Trump administration to isolate the company...

Following the diversion of two parcels destined for the Asian address of the Chinese telecoms equipment maker Huawei to the United States and the attempted rerouting of two other parcels by FedEx Corp, the business relationship with the US based courier company was being reviewed by the Chinese...

The one time treatment for spinal muscular atrophy gene therapy called Zolgensma, developed by the Swiss drugmaker Novartis and one that has been approved by the United States drugs authority, it priced at a record $2.125 million.   The treatment aimed for children under the age of two with...

According to reports quoting sources, a tie up between Renault SA and Fiat Chrysler Automobiles NV is set top take place early next week which would allow the Italian-American automaker to ultimately be included in the largest auto alliance of the world between Renault, and Japans’ Nissan and...

The alleged link of Purdue Pharma LP in the U.S. opioid crisis has forced JPMorgan Chase & Co to cut its banking ties with the company, claimed a report published by the Reuters. The OxyContin maker has now been forced to seek out partnership with the new bank for management of its cash and...

According to predictions by analysts, there is a possibility that about one fourth of the total number of smartphones of Chinese tech company Huawei would disappear from the international market because of the ban and restrictions imposed on it by the United States.    According to...

Dissatisfaction about the profitability of German auto giant Daimler was expressed by the group’s outgoing chief executive as he informed that the luxury carmaker was reviewing its costs and expenses as it is also investing heavily in development of electric cars.   "Everything is under...

The latest handsets launched by the Chinese tech company Huawei has come under question because of the restrictions being imposed on the company’s access to the Android operating system by the United States administration.   It is being expected that the most of the future launches of...

In order to minimize disruption for the current customers of the Chinese firm Huawei in the US and elsewhere,. The United States has temporarily eased trade restrictions on it. However the founder of the largest telecom equipment maker of the world said that the measure by the US meant little...

Last month, two deals in China were announced by Japan’s Toyota Motor Corp and they were big in planning and strategy even though they were small in investment size, reported Reuters.     The Chinese state-owned BAIC Group’s Foton unit would be provided with fuel-cell technology for...

Hewlett Packard Enterprise (HP) has announced that it has agreed to acquire Cray as HP looks opt consolidate its position in the supercomputing sphere.   It is worth mentioning that it was just weeks ago that Cray that it would be developing what can turn out to the fastest ever super...