South African business leaders lauded the government’s plan to substantially ease a nationwide lockdown that’s crippled the economy, even as the number of the coronavirus cases grows exponentially.
Author: Agency Staff
The US decision to add 33 Chinese entities to a trade blacklist risks potential retaliation from Beijing as tensions between the world’s two biggest economies deteriorate further.
Huawei has asked Samsung Electronics and SK Hynix for a stable memory chip supply despite apparently mounting pressure from the US to isolate the Chinese telecommunications company.
Big spending numbers are being thrown around in China, once again. This time, it’s trillions of yuan of fiscal stimulus on all things tech. The plans are bold and vague.
Elon Musk is about to face his biggest test after almost two decades as a space entrepreneur: launching human beings into orbit.
Amid the coronavirus pandemic, another event has almost been missed: the birth of a new kind of fiat currency, which could forever reshape the relationship between money, economic power and geopolitical clout.
Naspers and an investor group backed by German publisher Axel Springer are among suitors that submitted bids for eBay’s classified advertising business, according to people familiar with the matter.
Prime Minister Boris Johnson is planning to reduce Huawei’s involvement in Britain’s 5G network in the wake of the coronavirus crisis, the Daily Telegraph newspaper reported.
The latest US government action against Huawei takes direct aim the company’s HiSilicon chip division – a business that in a few short years has become central to China’s ambitions in semiconductor technology.
Eskom CEO André de Ruyter said on Thursday the state power utility could become financially viable and do without government bailouts if it could more than halve its debt to R200-billion.