Latest News

Huawei Technologies Lays Off Around Two-Thirds of its Workforce in Santa Clara, California, USA

July 23, 2019

According to Reuters, Huawei Technologies has laid off over two-thirds of the 850-strong workforce at its Futurewei Technologies research arm in USA, as announced on Monday, July 22. Futurewei has cut more than 600 jobs.

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Cyber Attack Hits The National Revenue Agency of Bulgaria

July 22, 2019

According to CNN, the database of the National Revenue Agency of Bulgaria has been reportedly hacked, affecting private and financial data of millions of people and companies.

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Heat Wave Knocks Out Power to 40,000 Customers in Brooklyn, New York, USA

July 22, 2019

According to CBS New York, a heat wave has left over 40,000 Con Ed customers without power in Brooklyn, New York, USA on Sunday, July 21. Con Ed has reduced voltage by 8% in the affected areas and has asked customers to turn off non-essential appliances.

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China to Impose Anti-Dumping Duties on Stainless Steel from Europe, Japan, South Korea and Indonesia

July 22, 2019

According to Reuters, China has imposed new anti-dumping duties on stainless steel imports from the European Union, Indonesia, Japan and South Korea, as reported on Monday, July 22.

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Maersk Fined over Boxship Emitting Excessive Smoke in Spain

July 22, 2019

According to Splash 247, Maersk has been fined with an amount of $22,435 after Spanish locals spotted a boxship belching out more smoke than normal, as reported on Monday, July 22.

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Philips to Acquire Medumo

July 18, 2019

According to CNBC, Philips has agreed to acquire Medumo for an undisclosed amount, as reported on Wednesday, July 17.

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Approximately 20,000 Without Power in Missouri, USA

July 18, 2019

According to KMOV 4, approximately 20,000 customers of the power company, Ameren are experiencing service outages in St. Louis County, St. Charles County and Jefferson County in Missouri, USA on Wednesday, July 17. 

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Huntington Solutions Acquires Texas Foam

July 18, 2019

According to Business Wire, Huntington Solutions has acquired Texas Foam, as reported on Wednesday, July 17.

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