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International Business Knowledge

 

Horizon University College shares evolving updates on international business trends, trade, and global market practices essential for UAE professionals.

China builds lab in South China Sea

SUC Editing Team International Business

Beijing, Feb 21 (IANS) China has built a field laboratory in the disputed South China Sea to collect marine data and collect sediment samples.

According to People's Daily's English website people.cn, the focus of the laboratory in the northeastern South China Sea will primarily be deep-sea sediments from 8 million years

Riyadh's driverless metro to be operational by 2019

SUC Editing Team International Business

Riyadh, Feb 20 (IANS) The Riyadh metro, one of the world's largest urban transportation projects and the first in the oil-rich kingdom, is set to be operational by 2019. But its main challenge, officials said, will be to ensure "people get used to public transportation" in a country where they love their big cars.

China's 4G users reached 770 mn by 2016 end

SUC Editing Team International Business

​Beijing, Feb 18 (IANS) Chinese 4G users reached 770 million by the end of 2016, accounting for 58 per cent of all the country's mobile phone users, an official said here.

Zhang Feng, spokesperson and chief engineer for the Ministry of Industry and Informational Technology, on Friday said China has made great progress in the research and

Huawei tops China's smartphone shipments in Q4 2016: Report

SUC Editing Team International Business

Beijing, Feb 18 (IANS) China shipped 131.6 million smartphones in in the fourth quarter of 2016 with Huawei topping the list, followed by Oppo and Vivo, a new report said on Saturday.

'TPP withdrawal could weaken US status in Asia-Pacific'

SUC Editing Team International Business

​Seoul, Feb 13 (IANS) The United States' recent withdrawal from the Trans-Pacific Partnership (TPP) free trade agreement is expected to weaken its economic and strategic status in the Asia-Pacific region, a state-run think tank in Seoul said on Monday.

Cosmetic surgery in UK falls to near-decade low

SUC Editing Team International Business

​London, Feb 13 (IANS) Data from the British Association of Aesthetic Plastic Surgeons (BAAPS) shows the number of cosmetic surgeries conducted last year fell to 40 per cent -- a near-decade low in the UK from a record-breaking high in 2015, the media reported on Monday.

British film industry earns $2 billion in record-breaking year

SUC Editing Team International Business

​London, Feb 13 (IANS) Film production in Britain last year earned a record-breaking $2 billion for the country's economy, a new report revealed on Sunday.

Xinhua news agency quoted the Department for Culture, Media and Sport (DCMS) as saying that 2016 proved to be a bumper year for Britain's creative industries.

China to relocate 3.4 mn people to tackle poverty

SUC Editing Team International Business

​Beijing , Feb 11 (IANS) China plans to relocate 3.4 million people from poverty-stricken communities to more developed areas this year as part of its poverty reduction drive.

The National Development and Reform Commission (NDRC), the country's economic planner, said 2.49 million people living in poverty had been relocated in 2016, meeting the

China to spend $7.3 bn in rural methane projects

SUC Editing Team International Business

​Beijing , Feb 11 (IANS) China will spend 50 billion yuan (about $7.3 billion) on building methane projects in rural areas as the government seeks to increase the use of clean energy.

European Commission approves French solar, hydropower schemes

SUC Editing Team International Business

​Brussels, Feb 11 (IANS) The European Commission on Friday announced it had approved three French schemes to support solar and hydropower energy generators in the country.

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