HTC announces layoffs

HTC to lay off 1,500 employees in Taiwan

After the cuts, the company's employee headcount will be less than 5,000 people globally. In 2013, HTC had employed 19,000 people to help in its booming operation. Jul 4, 2018
INS Vikramaditya

America's Indo-Pacific strategy will hurt India, warns China

Trying to maintain military balance with China will be detrimental for the Indian economy, says the editorial in Global Times, a hardline Chinese state media outlet, warning that following the US strategy "blindly" will spell trouble for India's relations with neighbouring countries. Jul 3, 2018
A packet of Marlboro cigarettes made by Philip Morris are pictured in this photo illustration

Australia wins WTO approval for plain packaging of cigarettes

In a landmark decision, World Trade Organisation has approved the Australian government's move to allow cigarettes to be sold in plain packages with health warnings, rejecting complaints that it violates international trade policies. Jun 29, 2018