Scotch Whiskey among Goods Targeted by New US Trade Tariffs

The United States threatened the European Union with tariffs on EU imported goods, worth up to $4 billion. However, it is unknown when, or even if, these tariffs will be imposed. The US is the largest foreign market in the world for Scotch whiskey by value and the second largest by volume. A spokesperson for […]

• Vladimir Sumina
• July 3, 2019
• 0

Huawei: Smartphone Sales Down 40% as US-China Trade War Intensifies

Reports on Tuesday had it that the founder and chief executive of Huawei, Mr. Ren Zhengfei stated at a panel discussion at the company’s headquarter in Shenzhen saying “In the coming two years, the company will cut production by 30 billion dollars.” This statement was made after the company recorded a 40 percent drop in […]

• Augustine Ojeh
• June 18, 2019
• 0

Samsung Denies Rumors of Postponing its Galaxy Fold; Huawei Delay Launch of Mate X Fold Three Months Ahead

Huawei on Friday announced that its new 5G Mate X Foldable smartphone would be launched in September as opposed to its initial schedule of launching in June; Reuter reports. This announcement was made on Friday at the WSJ Conference in Hong Kong. Huawei strongly affirmed that this delay was not owing to the US government […]

• Augustine Ojeh
• June 15, 2019
• 0

Huawei Cancels Laptop Launch, Ventures into Self-Drive Cars

Reports have it that the Chinese tech giant, Huawei had initially scheduled to launch their MateBook X Pro earlier this week, but due to the bites from the United States government, they have suspended the launch with every chance of it being cancelled. The Huawei’s consumer device chief, Richard Yu confided with the CNBC about […]

• Augustine Ojeh
• June 15, 2019
• 0

Apple, Amazon, PayPal, and Others Threatened as British ‘FinTech’ Company, Monzo Sets to Launch in the U.S.

Reports from CNN London on Thursday said that Britain’s fast-growing digital financial service, Monzo is coming to the United States. Since its inception in 2015, Monzo has grown as a brand to become one of the top tech startups in the UK with a value of about 1.3 billion dollars, BBC records. This growth was […]

• Augustine Ojeh
• June 15, 2019
• 0

Huawei to Launch 5G Networks in Russia

The Chinese tech giant, Huawei signed a deal with Russia’s largest carrier, MTS, to build 5G networks in the country on Thursday. This deal was signed by the Huawei board chairman, Guo Ping, and the MTS President and CEO, Alexei Kornya on the sideline of a heated talk between the Chinese President, Xi Jinping and […]

• Augustine Ojeh
• June 7, 2019
• 0

US-China Trade War: America to Expect Inflation Caused by Raised Tariffs

  The US-China trade war is rubbing off on the businesses and citizens of both countries involved as Americans are beginning to worry about how the trade war could affect them. BBC World Service economics correspondent, Andrew Walker compiled series of questions that are being asked by Americans regarding the effect of the trade war […]

• Augustine Ojeh
• May 22, 2019
• 0

Updates on Huawei: The Focal Point of the US-China Trade War Gets a 90-Day Trade License

The Chinese tech giant, Huawei has become a focal point of the US-China trade war, and this was made evident when the Trump administration added the company to its entity list last week. According to BBC, Huawei has become a controversial company after being suspected of working with the Chinese government in accessing the privacy […]

• Augustine Ojeh
• May 21, 2019
• 1

Huawei off Google’s Basket, Forced to Stand Alone

“We have prepared our own operating systems – that’s our plan B.” Glory Cheung, Huawei’s Chief Brand Officer, told German newspaper, Die Welt, earlier this year. The Chinese tech giant has been temporarily banned from the use of Google Android and Google Play services, as announced by Google. This ban is consequent upon Huawei being […]

• Augustine Ojeh
• May 20, 2019
• 2