Saturday , November 23 2024

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China will move to protect its firms following US telecoms ban

China will move to protect its firms following US telecoms ban

China opposes the U.S. Federal Communications Commission’s ban on new Chinese telecommunications equipment sales, the commerce ministry said on Thursday, vowing to adopt necessary measures to safeguard the rights of its domestic firms. The Biden administration on Friday banned the sale or import of new telecommunications equipment from China’s Huawei …

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Cold weather could cause French power cuts next week

Cold weather could cause French power cuts next week

Cold weather could lead to power cuts in France on Monday as delays to the restart of nuclear power following repair work leave supply lagging demand, analysts said. Nuclear power supply had been expected to reach around 40 gigawatts (GW) this week, but operator EDF’s delay in restarting reactors meant …

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Vinamilk, Kido pull plug on bottled water joint venture

Vinamilk, Kido pull plug on bottled water joint venture

The Vinamilk – Kido Beverage Joint Venture Company has announced its dissolution after just a year of doing business. Vinamilk, the country’s largest dairy company, decided to end its joint venture with ice-cream producer Kido with effect from December 1 due to “certain changes in the development perspective of both …

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