Japan and the U.S. are coordinating to prevent the Chinese from acquiring it. The Japanese government and the Trump administration are coordinating to ensure that Toshiba Corp’s Westinghouse Electric Co bankruptcy does not lead to U.S. technology secrets and infrastructure falling into the hands of Chinese. Last month, Toshiba’s Westinghouse had filed a bankruptcy having…
It could soon be more expensive to visit one of the world’s hottest and most expensive holiday destinations. Iceland’s government is considering ways of raising taxes in the tourism sector being overwhelmed by a record number of visitors in spite of its far-flung location. Limiting sightseers’ access to the country’s most popular spots wld be…
As center-right Prime Minister Mark Rutte looks on course for victory following the country’s biggest election in a generation, the Dutch establishment held strong under a growing wave of populism. Concerns over a continued rise of populist sentiment across Europe were prompted by the anti-EU Geert Wilders’ Freedom Party appeared to make significant gains and…
Placing charges stemming from the hacking of at least half a billion Yahoo accounts, two Russian intelligence officers and two other people were indicted by the U.S. Department of Justice. The Justice Department said that information about “millions of subscribers” at Yahoo, Google, and other webmail providers were mange to be gained by the defendants that…
According to a new report prepared and released from the House of Lords, if politicians can’t do a deal to avoid the costs of leaving the EU customs union, growth in Britain will be damaged. According to 2016 figures from the Office for National Statistics, with almost £357 billion ($431 bn) of goods flowing between…
A senior British diplomat is of the view that with the economy having the potential of growing as much as 10 percent, Myanmar could be the next Vietnam or Thailand. However challenges including a shortage of power supply, lack of policy clarity and high cost of doing business, have to be overcome by the Southeast…
In comments that were seen as a veiled attack on the United States, a senior Chinese politician defended Beijing’s right to build facilities on artificial islands in the South China Sea. Coming after the PLA Navy staged combat exercises in the Western Pacific and the after a US aircraft carrier group was sent to the disputed…
Saying his country will walk away if the U.S. insists on slapping duties or quotas on any products from south of the border, Mexico’s top trade negotiator doubled down on threats to break off talks to rework Nafta. “The moment that they say, ‘We’re going to put a 20 percent tariff on cars,’ I get up…
Trump’s EPA nominee Scott Pruitt, has made it clear that the Obama-era standards will remain. Not wanting to meet stringent fuel efficiency standards set in the U.S., car manufacturing companies in the country have shot off a letter to President Donald Trump in the hope that he loosens things up. Car manufacturers in the U.S.,…
Claiming that a defamatory article deprived her of the chance to launch a lucrative brand of clothing, shoes, jewelry and perfume, First Lady Melania Trump is suing a British newspaper, even though the article was later retracted. Accusing the London tabloid of making it almost impossible to take advantage of “major business opportunities” available “for…
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