China warned British Prime Minister Boris Johnson on Wednesday that his decision to ban Huawei from the 5G network would cost Britain dearly in investment, casting the move as the result of politicized pressure from U.S. President Donald Trump.
Apple scored a major win on Wednesday as Europe's second-highest court rejected an EU order for the iPhone maker to pay 13 billion euros (US$15 billion) in Irish back taxes, dealing a blow to the bloc's attempts to crack down on sweetheart tax deals.
The eight candidates battling to become the next head of the beleaguered World Trade Organization make their pitches this week, with three days of auditions. The contenders will make 15-minute presentations to the 164 member states' representatives at the WTO headquarters in Geneva, before facing a 75-minute grilling over their plans for the global trade body.
Exxon Mobil resumed drilling in Guyana last month, underscoring its dedication to the offshore hotspot despite the oil price crash and a messy turn in local politics.
As Mexico celebrated a new trade deal with the United States and Canada on July 1, a group of Canadian energy investors warned their government that Mexico could already be violating the agreement for failing to respect contracts.
United States President Donald Trump on Tuesday shut the door on Phase 2 trade negotiations with China, saying he does not want to talk to Beijing about trade because of the coronavirus pandemic.
The US Supreme Court will decide whether American corporations can be sued for alleged human rights abuses occurring abroad under a 1789 law, agreeing to hear appeals by two companies: Cargill Inc and a Nestle SA subsidiary: accused of knowingly helping perpetuate slavery at Ivory Coast cocoa farms.
The European Commission will this Wednesday seek input from the public and civic bodies on how to combat fake news and ensure free and fair elections, a move that could lead to new rules targeting social platforms such as Facebook Inc and Alphabet Inc's Google.
Boeing customers cancelled orders for 355 of its 737 MAX jets in the first half of 2020, the US planemaker said on Tuesday, as the damage done by the jet's grounding and the coronavirus crisis to the airline industry continued to mount.
The United Arab Emirates has postponed to Jul 17 the launch of its mission to Mars due to weather conditions at the launch site in Japan, the UAE government communications office said on Tuesday.