Topics: United States

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...

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...
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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...

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...
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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...

Department of Telecom to study the concerns raised by the other countries on Chinese telecom gear makers

As Chinese telecom gear makers face heat globally over alleged security risks, Department of Telecom (DoT) on February 27 said it will "carefully" study...
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Exxon Mobil partners with Microsoft to use cloud technology in US oil producers shale operations

Exxon Mobil Corp and Microsoft Corp have agreed to use cloud technology in the U.S. oil producer's shale operations, they said on Friday, helping...

Microsoft Workers Demands, the company to cancel $480 million the U.S. Army contract

Some Microsoft Corp employees on Friday demanded that the company cancel a $480 million hardware contract to supply the U.S. Army, with 94 workers...

Cognizant to pay $25 million as a fine to settle India bribery charges

Major American IT player Cognizant will pay USD 25 million to the US Security and Exchange Commission to settle its India bribery charges, as...

President Trump: Could extend the 1 March trade deadline with China

Asserting that the trade negotiations with China were going "extremely well", US President Donald Trump on February 15 said he would soon be meeting...

Google to invest $13 bn in the US this year

Google will invest $13 billion in building new data centres and offices in over a dozen states in the US in 2019, the company's...
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Huawei starts 5G test bed in Thailand

Thailand on Friday launched a Huawei Technologies 5G test bed, even as the United States urges its allies to bar the Chinese telecoms giant...

Reports: The U.S. considers withdrawal of zero tariffs for India amid e-comm rules & data localisation row

India could lose a vital U.S. trade concession, under which it enjoys zero tariffs on $5.6 billion of exports to the United States, amid...

Google wants the US govt to make rules on AI

Artificial Intelligence (AI) is the next-big-thing, which is partly useful and partly creepy. Having machines learn human behaviour to predict the needs is something...

Altria says, Juul Labs reported $ billion in sales in 2018

Marlboro maker Altria Group Inc said on Thursday e-cigarette maker Juul Labs Inc posted more than $1 billion in revenue in 2018, up from...

General Motors to cut jobs of 4,000 salaried employees

General Motors is expected to lay off about 4,000 salaried workers under a reorganisation announced late last year, a person familiar with the matter...
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Fazle Kabir: Bangladesh sues Manila Bank over $81 million cyber-heist

Bangladesh will file a lawsuit in a US court on January 30 against Philippine bank Rizal Commercial Banking Corp (RCBC) over its role in...

Google, Facebook, and Microsoft spend big on U.S. lobbying in 2018

Alphabet Inc’s Google disclosed in a quarterly filing on Tuesday that it spent a company-record $21.2 million on lobbying the U.S. government in 2018,...

U.S. rejects China’s preparatory trade talks offer

The Trump administration has rejected an offer from China for preparatory trade talks this week ahead of high-level negotiations scheduled for next week, the...

Kerala Government partners with Unity Technologies to develop AR, VR ecosystem in the state

Kerala Startup Mission (KSUM) has tied up with Unity Technologies, USA, to develop an augmented reality (AR) and virtual reality (VR) ecosystem in the...

Congress fails to bring back Net Neutrality, Ajit Pai celebrates

Net Neutrality a concept brought by the United States, which stated that all websites and services used by the citizens must be treated equally...
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