BEIJING: Volkswagen AG said on Monday (Sep 28) it and three local joint ventures plan to invest around €15 billion (US$17.44 billion) in electric mobility in China, the world’s biggest car market, between 2020 and 2024. With the investment by Volkswagen and its three joint ventures with FAW Group , […]
Business
VANCOUVER: Huawei Technologies Chief Financial Officer Meng Wanzhou will be back in a Canadian courtroom today as her lawyers resume their fight to block the United States’ efforts to extradite her. Meng, 48, was arrested in December 2018 on a warrant from the United States charging her with bank fraud […]
BEIJING: China’s capital called on importers on Monday (Sep 28) to shun frozen food from countries suffering from severe novel coronavirus outbreaks after several cases of imported seafood products testing positive for the virus. “Customs and local governments have repeatedly detected the coronavirus in imported cold chain food, proving it […]
WASHINGTON, DC: A US judge in Washington late on Sunday (Sep 27) temporarily blocked a Trump administration order that was set to bar Apple and Google from offering Chinese-owned short video-sharing app TikTok for download at 11.59pm on Sunday local time. US District Judge Carl Nichols, a nominee of President […]
CHICAGO: The scientific head of the US government programme designed to speed development of Covid-19 vaccines said yesterday he supports stricter rules to grant emergency use of new inoculations against the novel coronavirus. Speaking at a virtual Town Hall with Black physicians and community leaders, Operation Warp Speed scientific lead […]
Tourism has been one of the sectors worst hit by the COVID-19 pandemic. With closed borders and restrictions, many tourist attractions have seen a steep downturn in business. To keep afloat, many are turning to technology. Money Mind reports. SINGAPORE: Since late March, Singapore’s borders have been shut to most […]
LONDON: Facebook said on Thursday (Sep 24) it has dismantled three networks of fake accounts which could be used by Russia’s intelligence services to leak hacked documents as part of efforts to disrupt the upcoming US election. The company said the accounts, which it suspended for using fake identities and […]
BANGKOK: Thailand began legal action today against Facebook and Twitter for ignoring requests to take down content, in its first such move against major internet firms. The digital ministry filed legal complaints with cybercrime police after the two social media companies missed 15-day deadlines to comply fully with court-issued takedown […]
BEIJING: Beijing on Wednesday (Sep 23) hit back at a US move to ban imports from China’s northwestern Xinjiang region over claims of forced labour, bemoaning a “fabricated lie” it says is intended to hurt Chinese business. The US House of Representatives voted overwhelmingly on Tuesday in favour of the […]
REUTERS: Tesla Inc faced a stock market reality check on Wednesday after a much hyped “Battery Day” event which Wall Street analysts judged chiefly for its omissions and hazy delivery deadlines. Investors had expected two big announcements from Chief Executive Officer Elon Musk: the development of a “million mile” battery […]