Featured News – Page 453

No time to rest: EU nations assess Brexit trade deal with UK

A colleague wears a Christmas hat as European Union chief negotiator Michel Barnier, center, carries a binder of the Brexit trade deal during a special meeting of Coreper, at the European Council building in Brussels, Friday, Dec. 25, 2020. European Union ambassadors convened on Christmas Day to start an assessment of the massive free-trade deal the EU struck with Britain. After the deal was announced on Thursday, EU nations already showed support for the outcome and it was expected that they would unanimously back the agreement, a prerequisite for its legal approval. (Olivier Hoslet, Pool via AP)

BRUSSELS (AP): The fast-track ratification of the post-Brexit trade deal between the U.K. and the European Union got underway on Christmas Day as ambassadors from the bloc’s 27 nations started assessing the accord that takes effect in a week. At Friday’s exceptional meeting, the ambassadors were briefed about the details of the draft treaty, which… Continue reading No time to rest: EU nations assess Brexit trade deal with UK

A pandemic Christmas: Churches shut, borders complicated

File Photo A Sri Lankan Christian girl wears a Santa hair band and a face mask as a precaution against the coronavirus as she arrives at a church to attend the Christmas mass in Colombo, Sri Lanka, Friday, Dec. 25, 2020. Photo Courtesy: AP

ROME (AP): Curfews, quarantines and even border closings complicated Christmas celebrations Friday for countless people around the globe, but ingenuity, determination and imagination helped keep the day special for many. In South Africa, which is battling a spike in cases and deaths driven by a variant of COVID-19, scientist Tulio de Oliveira was spending the… Continue reading A pandemic Christmas: Churches shut, borders complicated

Kia became the third best selling car in Nepal

Kathmandu: Korean auto brand Kia has succeeded in climbing to the third position in Nepal. The Kia seltos and another model, the Sonet, have made the Kia the third-best-selling car in Nepal. Kia, which has been in Nepal for more than 20 years, has become the third brand for the first time. The number of… Continue reading Kia became the third best selling car in Nepal

PM appoints eight ministers and one state minister

Kathmandu: Prime Minister KP Sharma Oli on Friday reshuffled his cabinet. The prime minister has appointed one minister of state and eight new ministers. The newly-appointed ministers have taken oath of office and secrecy at the President’s Office, Sheetal Niwas on Friday evening. Top Bahadur Rayamajhi has been given the Ministry of Energy, Prabhu Sah… Continue reading PM appoints eight ministers and one state minister

China shows double standard in trade with Nepal: NCC

File Photo of Nepal Chamber of Commerce President Rajesh Kaji Shrestha

Kathmandu: The Nepal Chamber of Commerce (NCC) has objected to China’s double standard in trade with Nepal under the pretext of corona. The chamber has complained that the businessmen have to suffer as the checkpoint is said to be open but still closed. Stating that Nepali businessmen have suffered a lot due to ineffective Chinese… Continue reading China shows double standard in trade with Nepal: NCC

Liverpool boss Jurgen Klopp plays down concerns over Mohamed Salah

Photo Courtesy: Getty images

(BBC): Liverpool manager Jurgen Klopp has played down speculation forward Mohamed Salah is unhappy at the club. Salah recently told a Spanish newspaper that he was disappointed not to be captain at FC Midtjylland when Trent-Alexander Arnold was made skipper. The 28-year-old Egypt international also refused to rule out a move to Real Madrid or… Continue reading Liverpool boss Jurgen Klopp plays down concerns over Mohamed Salah

Closer look by Beijing at group buying and big tech

FILE - In this Oct. 12, 2018, file photo, Chairman of Alibaba Group Jack Ma speaks during a seminar in Bali, Indonesia. China’s market regulator will increase scrutiny and regulation around the community group buying industry in China, summoning some of its largest tech companies involved to discuss the matter as it looks to eradicate anti-monopoly practices in the industry. In a statement on Tuesday, Dec. 23, 2020, China’s State Administration for Market Regulation said it had held a meeting with six internet platform companies, including e-commerce firms Alibaba, JD.com and Pinduoduo, to discuss the regulation of community group buying. Photo courtesy: AP

HONG KONG (AP): China is ramping up its scrutiny of the practice of community group buying, summoning some of the nation’s largest tech companies for discussions as part of an anti-monopoly push. Community group buying allows groups of people living in the same town or region to buy groceries and other items in bulk at… Continue reading Closer look by Beijing at group buying and big tech

UK and EU reach post-Brexit trade agreement

FILE - In this Thursday, Jan. 30, 2020 file photo, a man unfurls a Union and EU flag outside the European Parliament in Brussels. Britain and the European Union have struck a provisional free-trade agreement that should avert New Year chaos for cross-border traders and bring a measure of certainty for businesses after years of Brexit turmoil. Photo Courtesy: AP

BRUSSELS (AP): Just a week before the deadline, Britain and the European Union struck a tentative free-trade deal Thursday that should avert economic chaos on New Year’s and bring a measure of certainty for businesses after years of Brexit turmoil. The deal, reached after nine tough months of negotiations, would ensure Britain and the 27-nation… Continue reading UK and EU reach post-Brexit trade agreement

Govt asks sugarcane farmer for 21 days to recover their due payment

Photo Courtesy: The Rising Nepal

Kathmandu: The Ministry of Industry, Commerce and Supplies has asked for 21 days to pay the sugarcane farmers. The ministry has requested to postpone the agitation for 21 days as it is in touch with the sugar mills and is collecting data on the payment due to the farmers. However, the farmers, who have been… Continue reading Govt asks sugarcane farmer for 21 days to recover their due payment

Oli group snatch executive power of Prachanda

Photo Courtesy: Facebook page of NCP chairman Pushpa Kamal Dahal (Prachanda)

Kathmandu: The Communist Party of Nepal (CPN) Oli faction has decided to snatch executive power from Pushpa Kamal Dahal “Prachanda”. A meeting held in Baluwatar today has decided to take away Prachanda’s executive power. However, Prachanda has not been removed from the post. Earlier, it was decided to remove Narayan Kaji Shrestha from the post… Continue reading Oli group snatch executive power of Prachanda