Democratic Republic of Congo’s government is reviewing its US$6 billion “infrastructure-for-minerals” deal with Chinese investors as part of a broader examination of mining contracts, Finance Minister Nicolas Kazadi told Reuters. President Felix Tshisekedi said in May that some mining contracts could be reviewed because of concerns they are not sufficiently […]
Business
Toyota Motor said on Friday it had suspended all self-driving e-Palette transportation pods at the Tokyo Paralympic Games village, a day after one of the vehicles collided with and injured a visually impaired pedestrian. In a YouTube video https://youtu.be/QJXhG_hFNK4, Toyota Chief Executive Akio Toyoda apologized for the incident and said […]
SAN FRANCISCO: Microsoft says it has warned thousands of its cloud computing clients of a recently discovered flaw that left their data vulnerable for an extended period. The problem involved keys used to access Microsoft Azure’s flagship database service Cosmos DB, and was discovered two weeks ago by cybersecurity company […]
The planned £29bn purchase of UK chip designer Arm by US firm Nvidia raises “serious” competition concerns, the UK’s competition watchdog has said. The Competition and Markets Authority said it was worried the deal would stifle innovation in several areas, such as gaming and self-driving cars. As a result, the […]
US tech giant Apple has delayed recalling staff to the office until January at the earliest amid fears over surging Covid cases. Employees were informed of the decision in a company memo on Thursday, which was first reported by Bloomberg News. The firm told staff it would reconfirm plans a […]
JERUSALEM: Israel warned consumer goods giant Unilever Plc on Tuesday (Jul 20) of “severe consequences” from a decision by subsidiary Ben & Jerry’s to stop selling ice cream in Israeli-occupied territories, and urged US states to invoke anti-boycott laws. The Ben & Jerry’s announcement on Monday followed pro-Palestinian pressure on […]
All iPhones released next year will be 5G-capable, including Apple’s first revamp of its budget handset in two years, Nikkei reported on Wednesday, citing sources familiar with the matter. REUTERS: All iPhones released next year will be 5G-capable, including Apple’s first revamp of its budget handset in two years, Nikkei […]
Shares and bonds in China Evergrande, the country’s most indebted developer, plunged for a second day on Tuesday, after sales of two real estate projects were suspended by local authorities, escalating worries over its financial health. SHANGHAI: Shares and bonds in China Evergrande, the country’s most indebted developer, plunged for […]
TOKYO: Tokyo 2020 sponsor Toyota will not run Olympics-related TV commercials amid lacklustre public support for the Olympics, with two-thirds of Japanese doubting organisers can keep the Games safe during the COVID-19 pandemic, according to a local media poll. Chief Executive Officer of Toyota Motor, Akio Toyoda, and other executives […]
WASHINGTON: The United States and its allies accused China on Monday (Jul 19) of a global cyberespionage campaign, mustering an unusually broad coalition of countries to publicly call out Beijing for hacking. The United States was joined by NATO, the European Union, Britain, Australia, Japan, New Zealand and Canada in […]