BEIJING — China’s government has warned it will protect Chinese companies after Washington said enterprises may face legal trouble if they help carry out abuses in the Muslim northwestern region of Xinjiang. The U.S. warning came amid mounting tension with Beijing over human rights, trade and Hong Kong. It cited complaints of abuses by the ruling Communist Party against ethnic…
View More China warns it will protect its companies if U.S. comes after them on human rights
Google will invest $10bn (£7.93bn) in India in the next five to seven years, the chief executive of its parent company Alphabet Inc has announced. Sundar Pichai spoke at the annual Google for India event, held online. The investment will be used to build products and services for India, help businesses go digital and use technology “for social good”. “This…
View More Google announces $10bn investment in India to support health, education, and agriculture
OVIEDO, Spain Spain saw new infections jumped up for the fourth day in a row on Friday, with the health authorities confirming 419 new COVID-19 cases. A total of 247,905 people have been confirmed to have the disease in Spain so far, according to the Health Ministry. The majority of new cases were detected in Aragon, Madrid, Catalonia, and Andalusia.…
View More Spain reports 419 new coronavirus cases, 8 deaths
When lockdown began a few months ago, as some women adopted sweatpants and worn-in tees as a virtual uniform, others were buying apparel that’s considerably more alluring: lacy push-up bras, slinky thongs and other undergarments that are more characteristically reserved for PPE-free, socially undistanced activities. On La Perla’s website, for example, sales of the Ambra collection, an assortment of pieces…
View More Racy Lingerie Sales Surge During Covid-19
In a relief to small taxpayers with turnover up to Rs 5 crore, the GST Council on Friday halved the interest on delayed filing of GST returns for February, March and April to 9 per cent, provided the returns are filed by September 2020. Also, the deadline for filing returns for May, June and July has been extended till September,…
View More Small taxpayers get huge relief from GST council
New Delhi: India’s foreign reserves crossed the $500 billion mark on Friday for the first time after registering a massive surge of $8.22 billion in the week ended June 5 aided by higher foreign inflows. According to RBI’s weekly statistical data, the overall forex reserves increased to $501.703 billion on June 5 from $493.480 billion reported for the week ended…
View More India’s forex reserves rise to $8.22 billion, crosses $500 billion for the 1st time
BRUSSELS — For decades, even when the 2008 financial crisis threatened to blow the bloc apart, the European Union’s wealthier nations resisted the notion of collective debt. But the coronavirus has so fundamentally damaged the bloc’s economy that it is now forcing European leaders to consider the sort of unified and sweeping response once thought unworkable. The European Commission, the…
View More Raising €750 Billion Coronavirus Fund May Help Stabilize Europe
Dust off your passport and dig out your Kiwi currency: flights between Australia and New Zealand could resume as early as July under plans to open a ‘travel bubble’ between the two countries. NZ Prime Minister Jacinda Ardern said today that both the Australian and New Zealand governments “are working to move on this as quickly as we can” on a proposal which…
View More Australia – New Zealand flights set to take off soon
As most countries across the globe scramble to build an app to trace the spread of coronavirus, India’s solution is growing at an unprecedented scale — despite being dogged by privacy concerns. New Delhi’s contact-tracing app, called Aarogya Setu, has reached 100 million users in 41 days since its release. A representative at think-tank NITI Aayog told TechCrunch that this 100…
View More INDIA’S CONTACT-TRACING APP AAROGYA SETU,TOPS 100 MILLION USERS IN 41 DAYS
The US Commerce Department is reportedly finalizing rules that would allow US companies to work with China’s Huawei to develop 5G technology standards. The effort could potentially prevent a split in the 5G standard between US and Chinese flavors. The U.S. Department of Commerce is close to signing off on a new rule that would allow U.S. companies to work…
View More AMERICA MAY AVERT 5G FRAGMENTATION: SOURCES SAY HUAWEI & US FIRMS TO WORK TOGETHER ON 5G STANDARDS