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…
Days before a gathering of G20 ministers gather for a summit in Argentina, French Finance Minister Bruno Le Maire has warned that a trade war is now a reality. He said that the law of the jungle is the basis of the formulation of the present trade policies of the United States which is imposing…
The Chinese government is now in possession of the iCloud data of China based users of Apple. A division of the state-owned firm, China Telecom is now ion charge of managing Chinese users’ emails, pictures and text messages. This has raised concerns among privacy advocates who have issued warnings about the vulnerability of state surveillance…
The escalating US-China trade tensions is already having an impact on European businesses in China. An official with the European Union Chamber of Commerce in China, said that this despite the fact that it is not until next week that the first shot of an all-out trade war would be fired. Expecting that there would…
It was three years ago that a surge of refugees threatened to overwhelm the European Union. And now the arrival of migrants into Europe is again causing a political crisis. EU leaders are considering on an urgent basis the revamping of the stalled asylum system of the block even though the number of refugees now…
Firms in Europe now have to abide by the local laws and employment standards if and when they decide to depute workers on to other European Union countries on a temporary basis. This law was recently passed by the EU. Workers who are sent to other EU countries would have the same rights and obligations…
A reassurance is being sought by the U.K. food and farming industry from the government about its continued ability to hire enough employees form the Eu even after Brexit. This was amongst the major demands that formed a part of a manifesto that has been compiled by over 100 organizations throughout the industry and which…
Iran was warned with the “strongest sanctions in history” by the US Secretary of State Mike Pompeo. European companies were also issued a warning by the U.S. against maintaining business relationship with Iran indicating a stiffening of stance against Iran ever since U.S. president Donald Trump took the company out of the Iran nuclear deal.…
In what is the latest development in the acquisition battle between Comcast and Rupert Murdoch’s 21st Century Fox, Britain will most likely oppose the proposed takeover of British satellite broadcaster Sky by American cable giant Comcast, said Britain’s culture secretary on Monday. He does not have storing intentions to interfere in the $30.7 billion deal…
The first installment of the tax amount that was ordered by the European Commission (EC) to pay back to the Irish government on Apple was paid up by the U.S. company. The Commission had made the order based on allegations of violation of the State Aid rules of the European Union (EU). The company deposited…
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