Some US automakers are already reducing price of cars in China following the announcement by Chinese authorities of temporarily removing the 25 per cent additional tariffs that has been imposed on cars imported into the country from the US as a retaliatory action to oppose the US trade tariffs on...

After an eighteen months long testing phase, Wing gears up to take on the European sky. Alphabet Inc., the parent company of Google, is all set to launch Wing, its “drone delivery business”, for the first time in European skies in Finland. The said service will begin from the coming spring of 2019,...

The recent months have not gone well for Chinese tech giant Huawei. Following a series of issues that the Chinese company faced across the world, two key markets in Europe is also exerting pressure on the company.    The use of Huawei telecommunication equipment has been ruled out for...

The largest exporter of the United States has set up its first foreign factory.    Airplane maker and aerospace giant Boeing has officially declared open its first foreign factory in China which is a completion and a delivery center for its 737 planes. The factory is situated in the...

Following a recent ban by a Chinese court on sale of its iPhone model in relation to a patent violation care filed by chip maker Qualcomm, iPhone maker Apple Inc now claims to have created a software solution that would enable it to address the possibility of a sale disruption because of the ban...

Google is in no current discussions on launching customised search engine platform in China, while the option is still under study. As the “big tech firms” continue to come more and more under scrutiny, the C.E.O of Google, Sundar Pichai addressed a “congressional panel” in the U.S. whereby...

The international energy agency said that the global oil market may face a deficit earlier than expected, thanks to an OPEC + agreement and Canada’s decision to cut supplies, Reuters writes. In its monthly report on the oil market, IEA left the growth forecast for world demand for 2018 and 2019...

After an almost month long drama over the arrest of the former chairman of the of Japanese car maker Nissan Carlos Ghosn over allegations of financial misconduct, at the centre of that controversy is an apartment in Rio de Janeiro in Brazil which reportedly has cash, art works and some personal...

Shockwaves have run through China after the news of the arrest of the chief financial officer of the Chinese electronics giant Huawei - Meng Wangzhou, who is also the daughter of the founder of the company Ren Zhengfei.   Huawei is based in China and is considered to be the flag bearer of...