The economy contracted 23.9% in the three months ending in June, compared to the previous year, according to official statistics released Monday. The collapse of the world’s fifth-largest economy was worse than economists expected and one of the most severe contractions of any nation as a result of the pandemic. …
Read More »US warns China of very significant consequences for not honoring trade deal
[ad_1] WASHINGTON: US Treasury Secretary Steven Mnuchin on Monday warned China of “very significant consequences” for not honoring the trade deal signed between the two countries early this year. “I have every reason to expect that they honor this agreement. And if they don’t, there would be very significant consequences …
Read More »Airtel is marking a $ 1 billion deal with Nokia to increase network capacity
[ad_1] Nokia and Bharti Airtel announced a multi-year agreement on Tuesday to deploy Nokia SRAN solutions on nine circuits in India. The deal, which is estimated to be worth close to $ 1 billion, will help Airtel increase network capacity, especially 4G, and improve the customer experience. See also: Facebook …
Read More »Ravichandran Ashwin’s deal with Yorkshire canceled – cricket
[ad_1] On Monday, Ravichandran Ashwin’s deal with the Yorkshire County Cricket Club’s English team was canceled by mutual consent amid the COVID-19 pandemic. The Cricket Board of England and Wales (ECB) recently suspended all forms of professional cricket until July 1 due to the pandemic that has wreaked havoc worldwide. …
Read More »Boeing: Boeing scraps $ 4.2 billion deal to buy Embraer’s business division
[ad_1] NEW YORK: Boeing announced Saturday that it would withdraw from a $ 4.2 billion deal to acquire the commercial aircraft division of its Brazilian rival Embraer. The companies had planned to form a joint venture in which Boeing would take an 80 percent stake in that division. The deal …
Read More »Boeing scraps $ 4.2 billion deal to buy Embraer’s business division
[ad_1] Boeing announced on Saturday that it would withdraw from a $ 4.2 billion deal to acquire the commercial aircraft division of its Brazilian rival Embraer. The companies had planned to form a joint venture in which Boeing would take an 80 percent stake in that division. The deal was …
Read More »Mega Jio-Facebook deal could have Paytm shaking in its UPI boots
[ad_1] Facebook’s WhatsApp, which has been working to obtain regulatory approval for payment services in India, is preparing for a full rollout of those services in June, according to a source familiar with the matter. The partnership with Reliance, announced on Wednesday, will give WhatsApp an internal track on payments …
Read More »Android 11 has a clever trick to deal with unused apps
[ad_1] We previously reported about Android 11’s ability to grant temporary one-time permissions to apps. Building on that feature, the latest developer preview brings yet another option to revoke app permissions for unused apps. You might have many redundant apps on your phone that you downloaded enthusiastically at one point …
Read More »Subramanian Swamy issues verdict on the long-term implication of the gigantic Jio-Facebook deal
[ad_1] BJP deputy Subramanian Swamy reacted on Friday to Facebook’s announcement to invest Rs 43.575 billion in Jio platforms for a 9.99 percent stake, saying long-term interest to India had been lost in the wake of the gigantic agreement, citing a favorable implication that Jio take over Facebook’s board as …
Read More »England players jealous of Kevin Pietersen’s ‘massive’ IPL deal: Michael Vaughan | Cricket News
[ad_1] LONDON: Former captain Michael Vaughan has claimed that many England players were jealous of then-teammate Kevin Pietersen after the maverick hitter landed a “massive contract” in the Indian Premier League. In 2009 Pietersen, now retired, became one of the highest-paid IPL players when he was bought by the Royal …
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