The last quarter of 2019 was a very poor one for the German economy, showed official figures for the country. There was almost no change in the Gross domestic product (GDP) or the total production of goods and services, for the country in the last three months of last year compared to the previous quarter.…
The United Kingdom is very keep to complete a trade agreement with Japan within this year, said British Foreign Secretary Dominic Raab. For this purpose, the UK wants to start negotiations on trade with Japan within the next few weeks, Raab said after his meeting with his Japanese counterpart Toshimitsu Motegi. The Japanese minister has…
According to experts, one of the ways that Iran could take revenge on the United States for having killed the country’s top general Qasem Soleimani in a air strike ordered by President Donald Trump was through cyber attacks. “Iran has a long history of politically motivated cyber attacks across the world,” Evercore analysts Ken Talanian…
On Friday, Turkey’s official gazette stated, its new domestic electric car project will receive a fixed investment of $3.7 billion (22 billion lira) over a period of 13 years, and will have an annual production capacity of 175,000 vehicles. Its new domestic electric car project, launched on October 30, will receive state support, including tax…
Following an influential parliamentary committee calling on Rome to block China’s Huawei to build Italy’s 5G telecom infrastructure, the country’s industry minister stated, Huawei should be allowed to bid for Italy’s 5G spectrum. “We have passed legislation that guarantees national security. With the right defenses, the possibility of (Huawei’s) access is not up for debate,”…
On Thursday, Australia made it lucidly clear to technology giants Facebook Inc and Google Inc that will have to agree and comply to Australia’s new rules, designed to ensure that they do not abuse their market power and damage competition, failing which the government will impose new controls on them. In a statement, Australian Prime…
Amidst pressure from the United States for a boycott and with the European Union lawmakers passing a law earlier this week pledging to increase the number of suppliers of equipment for 5G networks, the Chinese telecom equipment making giant Huawei is set to face a challenge in the United Kingdom because the leading telecom service…
A British trade body has warned that the country’s annual car production is likely to drop by a third to 1 million by 2024 if Brexit leads to tariffs with the European Union; the output will be lost to other nations. Britons are staring at an elections in just over two weeks with Prime Minister…
A group of 15 U.S. senators from both the Republican and the Democratic party have written a letter to the U.S. Commerce Department urging it to suspend issuing licenses to U.S. firms that conduct business with China’s Huawei Technologies Co, citing threats to U.S. national security. The letter also urges the Trump, administration to halt…
Following a series of tweets by David Heinemeier Hansson wherein he criticized Apple Card’s algorithm, saying it gave him 20 times the credit limit compared to the one his wife received, U.S. Senator Elizabeth Warren questioned Goldman Sachs’s response to the allegations of bias in how the bank evaluates applicants for Apple Inc’s credit card.…
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