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Do China tech giants pose a risk for European banks?

China’s Ant group may have been dealt a setback with the shelving of its IPO but European banks remain wary that Chinese tech giants may soon be their main competitors. The European finance sector has in recent years seen the emergence of a large number of startups — called fintech — which have sought to […]

Trump hit with new blow in bid to overturn vote results

A Pennsylvania judge on Saturday threw out Donald Trump’s claims of widespread electoral fraud there, dealing a new blow to the Republican’s bid to overturn his loss in the US presidential election. The decision — announced in a scathing judgment which excoriated the Trump team’s legal strategy — paves the way for Pennsylvania to certify […]

Al-Qaeda in North Africa appoints leader to replace Droukdel

Al-Qaeda in the Islamic Maghreb (AQIM) has chosen a new leader to replace Abdelmalek Droukdel, who was killed in June by French forces, the SITE monitoring group reported Saturday. Algerian Abu Obaida Yusuf al-Annabi, the head of AQIM’s “Council of Dignitaries”, was named as Droukdel’s successor, SITE said. Al-Annabi has been on the American “international […]

Britain and Canada sign trade agreement

Britain and Canada have signed a preliminary trade agreement to ensure the continuity of their economic relations after the end of the Brexit transition phase in six weeks. British Prime Minister Boris Johnson and his Canadian counterpart Justin Trudeau sealed the agreement on Saturday in a video call, the Department of International Trade announced in […]

Trump goes golfing in middle of G20 summit

United States (US) President Donald Trump went golfing after making a brief online appearance at the G20 summit Saturday, an event hosted by Saudi Arabia but staged virtually because of Covid-19. Trump, who has still not accepted defeat following President-elect Joe Biden’s victory in November 3 presidential polls, spoke following the opening of the two-day […]

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