Chancellor Merkel asks German companies to invest in Asian countries other than China

Chancellor Merkel asks German companies to invest in Asian countries other than China

Berlin: – German Chancellor Angela Merkel, jolted the European aspirations, of China saying that the German companies should invest in any of the Asian countries other than China. This is the second instance of the German Chancellor reprimanding China over trade issues. Chancellor Merkel warned ‘Chinese government should remember that henceforth if China does not […]

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US imposes sanctions against Chinese companies for assisting Iran

US imposes sanctions against Chinese companies for assisting Iran

Washington: The United States has imposed sanctions against Chinese companies assisting Iran with its missile and other military programs. US Secretary of State, Mike Pompeo announced these sanctions. Only a few days ago, the United States had warned that sanctions would be imposed on the entities involved in weapons sale to Iran, after the expiry […]

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India invites US companies to invest in its energy sector

India invites US companies to invest in its energy sector

New Delhi: India has invited US companies to develop key natural gas facilities. On Thursday, the United States and India held a ‘Strategic Energy Partnership’ discussion via video conference. At the time, Union Petroleum Minister, Dharmendra Pradhan, invited the US companies in the presence of US Ambassador to India, Kenneth Juster.     Moreover, the US ambassador […]

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50% of the Public sector oil companies will operate on solar power, Union Petroleum Minister Dharmendra Pradhan

50% of the Public sector oil companies will operate on solar power, Union Petroleum Minister Dharmendra Pradhan

New Delhi: Union Petroleum Minister, Dharmendra Pradhan announced that in the next five years, 50% of the petrol pumps, in the country, will operate on solar power and the work has already started to achieve the goal. He was speaking at the International Solar Alliance (ISA)summit. Stress is being given on the use of green […]

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US imposes sanctions against 11 companies linked to Iran

US imposes sanctions against 11 companies linked to Iran

Washington: The United States imposed sanctions on 11 foreign companies, assisting Iran in oil trade. One of the companies is from China. The United States has accused that these companies have violated the sanctions imposed by the United States, against Iran. The United States announced these sanctions, while the European countries, Russia and China were […]

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Chinese companies including Tencent take a hit of $75 billion after US action

Chinese companies including Tencent take a hit of $75 billion after US action

Hongkong/Washington: Chinese companies have taken a major hit following the sanctions imposed by US President Donald Trump. It has been reported that leading Chinese companies from the information technology sector, including Tencent, have suffered losses of $75 billion. Tencent, one of the top 10 companies in the world, is believed to have taken a hit […]

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Govt changes trade rules in public procurement to restrict Chinese companies, to ban more Chinese apps

Govt changes trade rules in public procurement to restrict Chinese companies, to ban more Chinese apps

New Delhi: The Indian government delivered another blow to China, by changing the tendering norms, to keep Chinese companies away from bidding for these tenders. As per reports, the government is also making preparations to deliver another blow, by banning more Chinese apps. At the same time, a renowned company like Apple has decided to […]

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US companies invest USD 40 billion in India

US companies invest USD 40 billion in India

New Delhi/Washington: US companies have invested more than USD 40 billion in India through the Foreign Direct Investment (FDI) route. The US investment coming, even during the Coronavirus crisis, becomes significant. This underlines that the confidence of the US companies in the Indian marketplace is increasing. At the same time, Larry Kudlow, Director of the […]

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Rethink about relations with China who has enslaved Uyghurs, Trump administration berates US companies

Rethink about relations with China who has enslaved Uyghurs, Trump administration berates US companies

Washington: – The ruling communist government in China is using Uyghurs for slave labour, and there are Chinese Companies involved in this. The US State Department has warned that the US companies getting their products manufactured from China should consider this and rethink about their relationship with the Chinese companies and government. A few days […]

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