Its undersea cable business is being planned to be divested by Chinese tech giant Huawei Technologies Co Ltd as shown by a buyer’s filing. This is the first major divestment that the Chinese company is set to undertake since it became a target of the United States which accused the largest telecom...

Following the allegations made by Chinese tech giant Huawei that the United States based parcel delivery giant FedEx had diverted its parcels form the address they were intended to be sent, the Chinese authorities have said that a probe of whether the parcel delivery company had intentionally...

BBM, or BlackBerry Messenger is finally being shut down. BBM is the encrypted messaging service which was among the first to open many to the world of mobile chats. The app was also blamed for the 2011 London riots. It would be shut down starting Friday.   The decision to close down BBM was...

The plans of increasing production of its A321 passenger jets at its plant in Hamburg is being boosted by Airbus through the mobilizing employees to the production site from outside Germany to help in the production, according to reports quoting sources.   The plat of Airbus in Hamburg has...

In the market for chips that would be needed for the new age mobile communication technology 5G, United States based chip maker Qualcomm already has a clear lead when compared to other chipmakers even though the roll out of 5G tech is still in its initial stages.   Currently, a Qualcomm...

A motion for summary judgment has been filed by China’s Huawei Technologies Co Ltd in its case against the decision of the United States government to ban it from doing business in the country even as it tries to fight out a larger attempt by the Trump administration to isolate the company...

Following the diversion of two parcels destined for the Asian address of the Chinese telecoms equipment maker Huawei to the United States and the attempted rerouting of two other parcels by FedEx Corp, the business relationship with the US based courier company was being reviewed by the Chinese...

The one time treatment for spinal muscular atrophy gene therapy called Zolgensma, developed by the Swiss drugmaker Novartis and one that has been approved by the United States drugs authority, it priced at a record $2.125 million.   The treatment aimed for children under the age of two with...

According to reports quoting sources, a tie up between Renault SA and Fiat Chrysler Automobiles NV is set top take place early next week which would allow the Italian-American automaker to ultimately be included in the largest auto alliance of the world between Renault, and Japans’ Nissan and...

The alleged link of Purdue Pharma LP in the U.S. opioid crisis has forced JPMorgan Chase & Co to cut its banking ties with the company, claimed a report published by the Reuters. The OxyContin maker has now been forced to seek out partnership with the new bank for management of its cash and...

According to predictions by analysts, there is a possibility that about one fourth of the total number of smartphones of Chinese tech company Huawei would disappear from the international market because of the ban and restrictions imposed on it by the United States.    According to...