European markets rallied, but then lost some of their gains, while markets in the Asia-Pacific region were mixed on Tuesday as investors tried to grapple with a disastrous Monday on Wall Street.European equities started its trading higher on Monday following new development regarding the coronavirus vaccine. Also, the Union decided to close its external borders. The first human trial to evaluate a candidate vaccine against the new coronavirus has begun in Seattle yesterday, raising hopes in...
Read More »Germany Allows Huawei Into Its 5G Networks despite U.S. Pressure
The rivalry between the U.S. and Chinese telecoms giant Huawei continues to escalate beyond borders. But recently, the U.S government was beaten at his own game when Germany snubbed calls from her to hinder the firm in building its national 5G networks over national security issues.The latest development is a big blow to the U.S., which has been persuading its allies to eliminate Huawei from 5G infrastructure, purporting its existence in the network would encourage Chinese surveillance....
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