As the trade war continues to rumble on between the U.S. and China, businesses will have to decide on which side they choose to align themselves, according to Mikkel Hippe Brun, co-founder of commerce platform, Tradeshift. Speaking at CNBC’s East Tech West conference in the Nansha district of Guangzhou, China, ... Read More »
Civil rights ‘under serious attack’ across the globe
More than half of countries use censorship, harassment or violence to repress public debate, warns a report Nearly six in 10 countries are seriously restricting people’s freedoms, according to a new report that warns of a growing repression around the world. According to the study, there is little or no ... Read More »
Ukraine president warns Russia tensions could lead to ‘full-scale war’
Petro Poroshenko says Moscow massing troops at border as Crimean court orders sailors detained for two months Ukrainian president Petro Poroshenko has warned of the threat of “full-scale war” with Russia as tensions escalated between the two countries over the detention of Ukrainian navy vessels in the Kerch Strait. The ... Read More »
Nasa Mars landing: InSight lander nears Red Planet for mission to examine how it formed
Lander is space agency’s first attempt to land on Martian surface in six years Nasa’s InSight lander is hurtling closer to Mars as it prepares to touchdown on the Red Planet after a six-month voyage through space. Having travelled 301 million miles from Earth, the spacecraft was due to reach ... Read More »
EU agrees ‘best possible’ Brexit deal, urges Britons to back May
European Union leaders finally sealed a Brexit deal on Sunday, saying the package agreed with Prime Minister Theresa May was the best Britain will get in a warning to the British parliament not to reject it. “Those who think that, by rejecting the deal, they would get a better deal, ... Read More »
Polish foreign ministry urges Russia to respect international law
The Polish foreign ministry has urged Russia to respect international law and condemned Moscow’s “aggressive actions” in the Sea of Azov. Amid escalated tensions between Russia and Ukraine, the foreign ministry in Warsaw called in a statement for restraint on both sides. The statement was issued after the Ukrainian navy ... Read More »
Turkey says Kerch Strait must remain open after Russia-Ukraine standoff
Turkey said on Monday it was worried by reports that Ukrainian ships had been fired on off the coast of Russia-annexed Crimea and said that shipping in the area should not be obstructed. Russia seized three Ukrainian naval ships in the Black Sea on Sunday after opening fire on them ... Read More »
No-deal Brexit would cost Britain ‘tens of billions,’ finance minister warns
“We will have a politically chaotic situation” without a deal, finance minister Philip Hammond said. Brexit could leave the U.K. worse off than if voters had chosen to remain in the European Union, the country’s finance minister admitted Wednesday amid deepening political chaos over the process. Splitting from the trading ... Read More »
Nissan fires chairman Carlos Ghosn following arrest
He’s been accused by prosecutors of under-reporting $44.6 million of personal income. Nissan Motor Co. fired Carlos Ghosn as chairman Thursday in a dramatic end to the powerful executive’s nearly two decade long reign at the Japanese automaker after his arrest for alleged financial improprieties. In an hours-long meeting, the ... Read More »
Oil bounces by $1 per barrel after 6-percent plunge, but outlook still weak
Oil bounced by around $1 a barrel on Wednesday to claw back some of the previous day’s 6 percent plunge, lifted by a report of an unexpected decline in U.S. commercial crude inventories and record Indian crude imports. But investors remained on edge, with the International Energy Agency (IEA) warning ... Read More »