China biggest cryptocurrency mining machines Bitmain suspends sales

In a statement China’s biggest maker of cryptocurrency mining machines Bitmain said, it had suspended sales of its products in the spot market to help ease selling pressure. The development comes after Beijing imposed a ban on mining bitcoins. Bitmain said, it is looking for “quality” power supplies abroad and is looking for foreign clients…

Japan approves bill to develop 5G, drone technologies

On Tuesday, Japan’s cabinet approved a bill to support companies to develop secure 5G mobile networks and drone technologies midst a growing alarm from Tokyo policymakers over Chinese influence over the said technologies. The bill aims to provide companies, who want to develop the technologies, funds which will attract low-interest rate from government-affiliated financial institutions…

A hard-brexit would cost Jaguar Land Rover $1.59 billion every year

In recent weeks some of the biggest companies operating in Britain have been critical of a lack of clarity in Brexit’s outcome. On Thursday, Jaguar Land Rover, Britain’s biggest carmaker stated, if the negotiations between Britain and the European Union were to result in a so-called “hard Brexit” it would cost it $1.59 billion (1.2…