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Topics: United States

United Technologies, Raytheon partnered for $120 billion aerospace and defense business

United Technologies Corp agreed on June 9 to combine its aerospace business with US contractor Raytheon Co and create a new company worth about...

China: Prime Minister Narendra Modi, Xi Jinping may discuss US trade protectionism in SCO summit

Describing Prime Minister Narendra Modi and President Xi Jinping as "good friends", China on Monday hoped that the two leaders would discuss their respective...

G20 heads agree to fix loopholes used by Facebook, Amazon, Google, and others to reduce corporate taxes

Group of 20 finance ministers agreed on June 8 to compile standard rules to close loopholes used by global tech giants such as Facebook...

Asian shares up on policy easing hopes, Yuan slips on PBOC signals: Global Markets

Asian shares were slightly higher on June 7 on expectations global central banks will soon embark on an easing cycle in the face of...

Sino-US trade war offers Europe’s chance to bank more Chinese reserves: Analysis

Should European countries want the euro to replace the dollar as the world's dominant reserve currency, the Sino-US trade war may offer a window...
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Reports: Global smartphone shipments to decline by 3.1% in 2019

Shanghai: Slashing its forecast for the global smartphone market by over 3 percent amid the US government's decision to ban businesses from working with...

Google gets in another controversy, claims of storing the passwords of G-Suite users in plain text for 14 years

After Facebook and Instagram, the U.S. leading search engine giant Google Inc has now joined the controversy by stating that its company too was...

US to scale back Huawei trade restrictions to help its existing customers

The US Commerce Department said on Friday it may soon scale back restrictions on Huawei Technologies after this week's blacklisting would have made it...

Crude oil futures gains 0.65 percent on a global trend

Crude oil futures rose by Rs 30 to Rs 4,623 per barrel on Tuesday as speculators created fresh positions, tracking a firm trend at...

UAE, Saudi Arabia commits $3 billion as financial aid to Sudan

Saudi Arabia and the United Arab Emirates said they had agreed to send Sudan $3 billion worth of aid, throwing a lifeline to the...
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Wall Street signs positive earning growth

US stocks ended slightly higher on Tuesday, with the S&P 500 inching closer to its all-time high following a string of mostly positive earnings,...

Microsoft rejects US officials request to install Facial recognition technology on cars and body cameras

Microsoft Corp recently rejected a California law enforcement agency's request to install facial recognition technology in officers' cars and body cameras due to human...

Google sharing data with US officials

At a time when concerns over data collection and breach by tech majors are on the rise, it has been reported that US law...

‘Stupid Trade’ says Donald Trump on 100% tariffs imposed by India on US products

India charges America over 100 percent tariffs on a large number of products while the US imposes nothing on the similar or same items,...

NASA: Cooperation with ISRO remains intact

Apparently under prodding from the White House, NASA has said it will continue to cooperate with the ISRO, days after the US space agency's...
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U.S. VP Mike Pence wants Americans back on Moon

US Vice President Mike Pence announced an accelerated goal of putting Americans back on the moon within five years "by any means necessary," and...

US recession tension mounts, Global stocks dip as investors looks for bonds as safe investments

Investors dumped shares on Monday and fled to the safety of bonds while the Japanese yen hovered near a six-week high as risk assets...

China refuses to accept US demands on ease curbs on US tech companies

Ahead of fresh high-level trade talks this week, China is not conceding to US demands to ease curbs on technology companies, the Financial Times...

Top U.S. military officers to meet with Google on business security concerns with China

The top U.S. military officer will meet with Google representatives next week amid growing concerns that American companies doing business in China are helping...

Donald Trump’s effect: General Motors to invest $1.8 billion in the United States

Facing a barrage of attacks from President Donald Trump over plant closures, General Motors announced on March 22 a USD 1.8 billion investment and...
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Jury Finds Apple violated three patents of Qualcomm

Mobile phone chip supplier Qualcomm Inc on Friday won a legal victory against iPhone maker Apple Inc, with a jury in federal court in...

Britain seeks overhaul competition rules to tackle Facebook, Google and Amazon’s dominance

Britain needs to overhaul its competition rules to tackle the dominance of tech giants like Facebook, Google and Amazon, and increase consumer choice, a...

US threatens Germany over Huawei’s 5G tech use

"No end to the tension between Trump Administrations and Chinese tech giant Huawei technologies over the 5G technology use," which has now brought Germany...

US Ambassador: China is applying ‘Pay-day loan’ diplomacy to influence Pacific

China's is using "pay-day loan diplomacy" to exert influence in the Pacific, the new US ambassador to Australia said on March 13, comments that...

Mike Pompeo says China is blocking ASEAN members from accessing $2.5 trillion recoverable energy reserves

The US has accused China of blocking the ASEAN members accessing more than USD 2.5 trillion in recoverable energy reserves in the South China...
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Nvidia acquires Mellanox Technologies for $6.8 billion

US chipmaker Nvidia Corp said on Monday it will buy Israeli chip designer Mellanox Technologies Ltd for $6.8 billion, beating rival Intel Corp in...

The US and its allies will not use Huawei equipment for a national security-related telecom system

The US and its allies have decided not to procure Huawei equipment for national security-related telecommunication system, National Security Advisor John Bolton said Sunday...

Donald Trump: India is a high tariff country

India is a very high-tariff nation, US President Donald Trump alleged on Saturday, stating that he wants a reciprocal tax or at least some...

Huawei plans to pay billions in cash dividends to its shareholding employees

China’s Huawei is set to reward employee shareholders with a 3 percent rise in cash dividends that are worth billions of dollars, according to...

Samsung agrees to settle the two-year old patent dispute with Huawei in the US court

China's Huawei Technologies and South Korea's Samsung Electronics have agreed to settle a two-year old patent dispute in the United States, court documents show. The...
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