Bahrain among 18 countries facing US anti-dumping tax on aluminium exports

Washington: The US Department of Commerce is preparing to tax aluminum sheet exporters from 18 countries after determining Tuesday they had benefited from subsidies and dumping. The US International Trade Commission (ITC), an independent body, must approve the final decision by April 15 to impose anti-dumping or countervailing duties, a department statement said. The investigation, […]

Zoom forecasts strong current quarter, gets share boost

Zoom Video Communications forecast current-quarter revenue above expectations, as the video-conferencing platform benefits from increased users due to remote work and online learning against the backdrop of broader stay-at-home orders. The company’s shares, which more than quadrupled in 2020, rose 9 per cent to $448 in after-market trading on Monday. Video conferencing services such as […]