WASHINGTON: Washington is poised to designate four more Chinese companies as backed by the Chinese military, sources said, curbing their access to US investors as the Trump administration seeks to cement its hawkish China legacy in its waning days. The designations, which have not been previously reported, could be released […]
Business
SYDNEY : National Australia Bank (NAB) said today it had temporarily closed all its branches and attached offices due to a “physical security threat”, but did not give further details. Australia’s second-biggest lender said it was working with police and is inspecting all of its branches and commercial offices to […]
WASHINGTON: Facebook and Twitter defended their handling of US election misinformation at a heated congressional hearing on Tuesday (Nov 17) where one key senator assailed the platforms for being the “ultimate editor” of political news. The hearing, the second in less than a month, came with social media under fire […]
NEW YORK: Burger chain McDonald’s on Monday (Nov 9) decided to debut its own plant-based meat alternatives line called “McPlant” in 2021, including a patty that Beyond Meat subsequently said it helped co-create. “Beyond Meat and McDonald’s co-created the plant-based patty which will be available as part of their McPlant […]
WASHINGTON: A US judge said on Monday (Nov 9) he will consider arguments in a disputed order related to the protection of confidential information in the Justice Department’s antitrust lawsuit filed against Alphabet’s Google LLC unit. U.S. District Judge Amit Mehta directed the government and Google to file by Friday […]
LONDON: The European Union and Britain said on Saturday (Nov 7) major divergences remain in their Brexit talks but that negotiations would continue next week to try to clinch a trade deal in the scant time left. After a call between British Prime Minister Boris Johnson and European Commission President […]
SAN FRANCISCO: Twitter on Friday (Nov 6) flagged as premature posts referring to Joe Biden as “president-elect,” as the vote count continued in the knife-edge US election with the Democrat leading Donald Trump in several key states. Tweets referring to the former vice president with the victor’s title and his […]
Steve Tomlin, who runs a Renault dealership in Britain, says sales of the Zoe small electric car have shot up this year, a turnaround he partly puts down to a fading of “range anxiety”, the fear of running out of power mid-journey. READING: Steve Tomlin, who runs a Renault dealership […]
WASHINGTON: The US Commerce Department said on Sunday (Nov 1) it would “vigorously defend” an executive order that seeks to bar transactions with Chinese-owned short video-sharing app TikTok after a federal judge halted the action. US District Judge Wendy Beetlestone on Friday blocked the Commerce Department order set to take […]
SINGAPORE: After more than 160 years in Singapore, Robinsons is closing its last two department stores at The Heeren and Raffles City Shopping Centre. Robinsons, which is owned by the Al-Futtaim Group, said in a press release on Friday (Oct 30) the decision came on the back of changing retail […]