Analysis: Beijing huddles with friends, seeks to fracture U.S.-led ‘clique’

China is shoring up ties with autocratic partners like Russia and Iran, as well as economically dependent regional countries, while using sanctions and threats to try to fracture the alliances the United States is building against it. Worryingly for Beijing, diplomats and analysts say, the Biden administration has got other democracies to toughen up to […]

Romania approves bill to bar China, Huawei from 5G networks

Romania’s centrist government on Thursday approved a United States-backed bill that effectively bars China and Huawei (HWT.UL) from taking part in development of its 5G network, a member of the IT&C and National Security Committee told Reuters. Europe has emerged as a battleground in the technology ‘Cold War’ playing out between China and Washington and […]

MIDEAST STOCKS Most major Gulf markets rise; Qatar dips

Most major stock markets in the Gulf rose in early trade on Sunday, with property shares boosting the Dubai index, although Qatar bucked the trend to trade lower. Saudi Arabia’s benchmark index (.TASI) added 0.6%, with Al Rajhi Bank (1120.SE) rising 1.4% and SABIC Agri-Nutrients Co (2020.SE) advancing 3.9%. Elsewhere, Bank Albilad (1140.SE) climbed 1%, as the lender completed a 3 billion riyal […]

More electrical problems found on some Boeing 737 MAX -sources

An electrical problem that led to dozens of Boeing 737 MAX jets being suspended from service has widened after engineers found similar grounding flaws elsewhere in the cockpit, industry sources said on Friday. Airlines pulled dozens of MAX jets from service a week ago after Boeing Co (BA.N) warned of a production-related electrical grounding problem in a […]

Hong Kong widens COVID-19 vaccine scheme to under 30s

HONG KONG (Reuters) – Hong Kong authorities said on Thursday that the city’s vaccine scheme would be widened to include those aged between 16 to 29 years old for the first time, as they aim to boost lackluster demand for inoculations in the Asian financial hub.