Us sanctions against iran

Zhang also warned that parting ways with Huawei could lead to a costly delay to the rollout of 5G in the UK, a country that relies heavily on equipment from the Chinese company. Around 35 percent of the kit used in the UK's 4G rollout came from Huawei, according to UK government estimates. … [Read more...] about Huawei reassures UK over impact of US sanctions

Yemen is already gripped by what the United Nations called the world's worst humanitarian crisis, with tens of thousands killed, an estimated 4 million people displaced by war and 80 percent of the country's 29 million people dependent on aid for their survival. … [Read more...] about London criticized for resuming arms sales to Riyadh

Andhra Pradesh was the biggest gainer of power projects sanctioned by the Centre, he said, and wanted the State Government to come out with a progressive industrial policy to promote port-led development by taking advantage of the State’s vast coastline. … [Read more...] about BJP for uniform power tariff across States

By Axel ThrelfallLONDON: Britain risks throwing away its long-standing relationship with China if it bans Huawei from its 5G networks at the behest of the United States as part of a global battle for technological supremacy, the UK chairman of the tech group told Reuters.John Browne, a pre-eminent voice in UK Plc and former head of oil giant BP, said Huawei had become a political football in an escalating trade dispute between the two superpowers, and Britain risked being damaged in the process.Britain granted the telecoms group a limited role in its 5G network earlier this year, but new U.S. sanctions on chip technology have put its status as a reliable supplier in doubt, and ministers are likely to take a tougher stance."There is no diplomacy here," Browne said during a Reuters Events virtual 'Build Back Better' symposium in London. "The UK has had a very long relationship with China and I hope it's not one that they simply throw away."Browne, in his final term as chairman of Huawei … [Read more...] about Britain jeopardising China relationship, says Huawei’s UK boss

Bounce rates at fintech lenders have nearly tripled in April, in an early indication of financial stress among consumers and small businesses.The trend is worrying at a time when job losses and disruptions to cash flow are likely to set off defaults, shrink demand for credit and sober valuations for most fintech players. It also comes amid concerns over capital raising due to the government's clampdown on venture capital from China and Mauritius.Bounce rates refer to loans not repaid on time. It is a metric that gauges incipient stress in a loan portfolio. Bounce rates need not turn into defaults though. Customers who miss repayment deadlines can still pay within 90 days although with a penalty. The bounce rate does not include repayment deferment taken under moratorium. At Bajaj Finance, the bounce rate spiked to 35% in April from 12% in the March quarter, regulatory disclosures showed.For Capital Float, the bounce rates for consumer loans doubled, while it tripled for micro, medium … [Read more...] about A stress test awaits online lending firms