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New Challenges To Global Tech Industry Posed By China's Ne Export Controls

In addition to raising possibilities that some global tech giants could be forced to split their Chinese operations, a broad range of industries could be upset by the latest additions to China’s list of controlled technology exports, according to legal experts.     For the tech industry...

Hong Kong’s Property Market Gets Hot With Chinese Investors, Foreigners Stay Away

After investment activity in Hong Kong was suppressed because of anti-government protests last year, the city’s commercial property market is being scoured by Mainland Chinese investors after prices dropped by 30 per cent.   With China recovering from the impact of the novel coronavirus...

Safety Test Flights For The Grounded Boeing 737 Max To Be Started By The EU

The European Union is to conduct test flights for the grounded 737 Max planes of Boeing for the first time since the planes were globally grounded in March last year.   In the week beginning 7 September, the tests would take place in Vancouver, Canada, said the European Union Aviation Safety...

TikTok CEO Mayer Resigns Just Three Months After Assuming Post

The American CEO of the Chinese owned short video sharing app TikTok, Kevin Mayer, resigned from the company after just three months of joining and just days after the company filed a legal suit against the United States President Donald Trump’s executive order that effectively banned American...

Ticket Data Shows Hit To Europe's Travel Industry Recovery In August

With rising uncertainty and tourists being deterred from booking trips abroad because of new quarantine rules and warnings over rising infection rates, the recovery plans for the travel industry of Europe has was hit in August after it surged in the previous month.   With Europeans starting...

Pilot Union Of FedEx Call On Company To Suspend Hong Kong Operations

The United States based package delivery company, FedEx Corp, was urged by the union that represents its pilots to temporarily suspend all operations to Hong Kong after it was reported that some of the pilots of the company, who are also members of the union, were put through “extremely difficult...

Incentives For Auto Sector To Boost Exports Planned By India: Reuters Report

With the aim of doubling of exports of vehicles and components in the next five years, the Indian government is preparing to provide a host of incentives to the auto industry in the country, says a report published by news agency Reuters based on information from four sources with direct knowledge...

Global Trade Disputes Could Be Rekindled By The Pandemic

There was a relative calm in global trade and business at the beginning of the year following the Phase I trade deal between the United States and China and the agreement between the US, e European Union and Japan on new global trading rules to curb subsidies.   Then the new novel...

New US Report Warns Of Chinese Interest In Pandemic Distressed American Assets

A study prepared for a U.S. trade group and released on Tuesday issued warning for the lawmakers and policy makers of the United States to be careful while dealing with intentions and moves of China to target US assets that have been made vulnerable because of the novel coronavirus pandemic and the...

Europe Strikes Deal With AstraZeneca For Supply Of With 400 Million Vaccines Of Ciovid-19

The efforts of the European Union to secure vaccines under development for its citizens borne fruit after AstraZeneca Plc signed a contract with European governments to supply the region with its potential vaccine against the coronavirus, the British drug maker said on Saturday. This is the latest...

The Americas Hit Hardest By Covid-19, Says WHO

According to the World Health Organization (WHO), the brunt of the global coronavirus pandemic is being borne by the Americas. The WHO said that four of the 10 worst hit countries in the world are currently in North and South America.   Highlighting the issues of the pandemic in Brazil and...

Europe To Target Faulty Antibody Test Kits For Covid-19

The novel coronavirus pandemic has ignited stupendous growth in the market for antibody tests for Covid-19 within just a few months with hundreds of products flooding the world market for those who want to know whether they had already had the disease or not.   However the issue is that many...
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