Websites in Europe may have to delete extremist content on their sites within an hour or face a fine according to a plan by the European Commission. Twitter, Facebook and YouTube among others are one who would be impacted by such a regulation. Such a regulation would be a shift by the EU away from…
A Wall Street Journal report claimed that an offer by Turkey to the United States of releasing detained American pastor Andrew Brunson if the US investigations against Turkish bank Halkbank is halted was turned down by the Trump administration. The proposal, according to the report, was dropping off of terrorism charges against the American pastor…
China has to face some challenges to maintain its economic growth rate over the 5 per cent mark through the next few years. The second largest economy of the world should not pin its hopes only on the continuance of the recovery of the global economy to drive its economic growth. But it is a…
The prices of carbonated drinks would be increased by Coca Cola, the company announced on Wednesday, and United States President Donald Trump’s trade war was partly responsible for the move by the global confectionary company, said its CEO James Quincey. Quincey blamed “broad based” cost increases for a price hike that is most likely during an earnings…
A declaration that highlights and underscores the importance of an “open world economy” where there is benefit for countries from globalization was signed by the leaders of the Brics emerging economies. An “open and inclusive” multilateral trading system as dictated by the World Trade Organization rules was also supported by Brazil, Russia, India, China and…
In order to focus on her role at the White House, she was shutting her fashion line, said Ivanka Trump, daughter of U.S. President Donald Trump. Ivanka is associated with the White House in an informal capacity where she oversees projects for advancing working women. There have been criticisms of conflicting toles of the family…
Qualcomm is amongst those companies that have been caught up in the trade wars initiated by United States president Donald Trump. In case the San Diego-based chipmaker is unable to get approvals from the Chinese authorities this week for its $44 billion acquisition of the Netherlands’ NXP Semiconductors, that deal would have to be abandoned. While…
American airlines and Hawaiian Airlines have made changes to their websites before a deadline set by China and has stopped referring to Taiwan in their flight schedules as demanded by Beijing. Sources have also been quoted in the media saying that Delta and United Continental would also soon do the same after consultations between the…
The set of new proposals prepared by the British government which have been created for better protection of some of the most important business sectors and the technically advanced businesses, the British government is set to give more power to its ministers across all ministries which will allow them to prevent foreign takeovers on the…
Following complaints about the flooding of the domestic market with stainless steel that was damaging the local industry, an investigation into dumping allegations of the metal has bene launched in China. the estimated dumping of stainless steel through imports is worth $1.3 billion. The investigations will encompass a number of firms that include a privately…
