New Delhi: – India has surpassed the United Kingdom on the Unicorn companies’ front. India has reached the third position in the list of countries with the most Unicorn companies, after the United States and China. It is also claimed that the number of a unicorn (Valued more than $1 billion) private start-ups in India […]
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Washington/Beijing: – Jake Tapper, an American journalist and news reporter, said ‘Hollywood’ the film industry in the United States, the sports body NBA and multinational corporations have been blinded by the economic benefits from China and are not able to see the atrocities perpetrated by the communist regime. No matter how expensive the soap they […]
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Beijing: – After Evergrande, China’s leading real estate company, indications are that other big companies also may default in debt repayments. They include Fantasia, Scenic Holdings along Modern Land. It is learned that the company defaulted on payment to the tune of $250 million. Analysts predict that the energy sector crisis and the Coronavirus pandemic’s […]
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Beijing: – Many provinces in China are facing power shortages that have hit foreign companies along with millions of homes. This is due to the Chinese government’s crackdown on coal companies, rising fuel prices and increasing demand for electricity. The power shortage has affected the production of companies like Apple and Tesla in China, and […]
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Jerusalem: – Two months ago, Hamas terrorists from Gaza launched more than 4,000 rocket attacks on Israel. The Israeli military says 90% of the rocket attacks have been successfully repelled with the help of Iron Dome, the air defence system. So, Israel and the United States have teamed up to develop a ‘Laser Dome’; it […]
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Washington/Beijing: – Stocks of Chinese companies fell to record lows in the US stock markets. The decline continued for three consecutive days on Friday, Monday and Tuesday, with Chinese companies claiming more than 200 billion dollars in losses. The decline for Chinese companies appears to be the biggest jolt since 2008. These companies include companies […]
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Beijing/Washington: – The ruling Chinese regime has launched a vigorous move to prevent Chinese companies from listing on the US stock markets for raising capital. A few days ago, a Chinese company, Didi Inc., was listed on the New York Stock Exchange and submitted an IPO. Within days of the IPO, Chinese authorities took action […]
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Beijing – China has warned that there will be a strong retaliation against the sanctions imposed by the United States against the Chinese companies over the Uyghurs issue. Last week, the United States blacklisted 14 Chinese companies for their involvement in atrocities against the Uyghurs. This is the second instance of the Biden administration taking […]
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New Delhi – Union Commerce Minister Piyush Goyal criticised that Big E-com Companies, like Amazon and Flipkart, are too proud of their financial strength. Goyal blamed in clear words that these companies have been consciously violating the Indian laws and warned that these companies would have to abide by the Indian laws. Furthermore, Union Minister […]
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Doha – The CEOs of renowned international oil companies have claimed that the crude oil rates would increase to the level of more than USD 100 per barrel. The senior officers said that this rise would be because of the reduced flow of investment in the sector. It is claimed that the oil companies have […]
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