The foreign ministers of Iran and Saudi Arabia met in Beijing on Thursday for the first formal gathering of their top diplomats in more than seven years, after China brokered a deal to restore relations between the top regional powers. After years of hostility that fuelled conflicts across the Middle East, Iran and Saudi Arabia […]
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Among the French business executives travelling to Beijing with President Emmanuel Macron, the mood was cautiously sanguine on the thawing post-pandemic trade prospects with China, with some rejecting American-led calls for ‘decoupling’. Macron travelled to China with a 50-strong delegation of business leaders including the CEOs of Airbus, Alstom and EDF, raising eyebrows among some […]
Telecom mergers and acquisitions have raised concerns about their impact on competition, innovation, and investment in the telecommunications industry. ________________ The telecommunication industry has witnessed several mergers and acquisitions of large companies. These actions have raised concerns about their impact on competition, market shares, and customer benefits. While the intentions of these companies may be […]
The European tech startups have found themselves at a standstill amid the worst banking crisis since 2008. The banking sector is in its worst shape since the 2008 financial crisis. It is causing irreparable damage to every sector. And even though the main failure is on a different continent, the European tech startups are caught […]
The European Union’s 43 billion euro ($47 billion) plan to boost its semiconductor industry and catch up with the United States and Asia is likely to get the green light from EU countries and lawmakers on April 18, people with direct knowledge of the matter said on Wednesday. The European Commission announced the Chips Act […]
Amazon and Microsoft, the two dominant cloud providers, face an antitrust investigation in Britain after the communications regulator said some aspects of the market, including fees to switch supplier, were a cause for concern. Ofcom, which started looking into cloud services last year, said it was particularly worried about the practices of Amazon Web Services […]
French President Emmanuel Macron said Europe must resist eroding trade and diplomatic ties with China as he arrived for a state visit on Wednesday, seeking to refute any sense there was an “inescapable spiral” of tension between Beijing and the West. Shortly after touching down ahead of EU chief Ursula von der Leyen, who is […]
French President Emmanuel Macron landed in China on Wednesday shortly ahead of EU chief Ursula von der Leyen as the two European leaders seek to smooth ties with a key economic partner while broaching thorny issues like Ukraine and trade risks. Macron on his first trip to China since 2019, spoke to US President Joe […]
China has urged the World Trade Organization to scrutinise US-led technology export restrictions aimed at curbing its ability to make advanced chips, state television said on Wednesday. Chinese representatives told a WTO meeting this week that Japan, the Netherlands and the United States should report their plans and subsequent measures to the body, which it […]
The US government’s ban on TikTok, a popular video-sharing app, has unintended consequences for both the US and China. The move was part of a larger effort to counter China’s growing influence in the global economy and technology sector. ______________________________ Three years ago, the United States government raised national security concerns over the popular video-sharing […]