Tag Archive : fears

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a close up of a bicycle: Acadian Communications was a bidder in the second round for qualified suppliers, but lost to Bell Aliant. 


© John Robertson/CBC
Acadian Communications was a bidder in the second round for qualified suppliers, but lost to Bell Aliant. 

A small Nova Scotia-based company is upset about losing a provincial government contract to deliver high-speed internet, saying the loss could force it out of business.

Acadian Communications of Chéticamp lost to Bell Aliant in the second round of bidding for qualified suppliers to provide high-speed internet service.

It missed the first round of bidding due to a change in company ownership. Bell Aliant was among the successful bidders in that round and is working on providing service in the Chéticamp area.

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Andrew LeBlanc, owner of Acadian Communications, said his company is already preparing to lose customers. 

“As Bell comes in and steals away customers, there’s a point in the not too far future where I think we could go under,” he said.

Acadian Communications provides internet for

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November 3 is just around the corner, and Wall Street’s gaze has locked in on the race to the White House. Biden currently leads in the polls, but it’s still anyone’s race.  

Now, with President Trump’s COVID-19-related hospitalization rocking the last leg of the 2020 presidential election campaign, and Senate control also up for grabs, fears regarding a divided government are circling the Street. 

That said, this might not be such a bad thing, if you ask Goldman Sachs. “A divided government scenario would lead to a smaller change in interest rates and a reduction in political uncertainty,” the firm’s chief equity strategist David Kostin wrote. The strategist argues that such an outcome could push the S&P 500 to 3,700, which would reflect an 11% gain, with the index reaching 4,000 by mid-2021. 

But what will happen if Biden comes out on top? Kostin believes a blue wave wouldn’t be

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US wariness of Chinese tech firms was underlined again Friday, when the Commerce Department sent a letter to companies in the states reportedly telling them they must get a license before exporting certain goods to China’s largest chipmaker, because of concerns about military use of technology.



a traffic light hanging off the side of a building: The Beijing branch of Semiconductor Manufacturing International Corporation. Su Weizhong/Getty Images


© Provided by CNET
The Beijing branch of Semiconductor Manufacturing International Corporation. Su Weizhong/Getty Images

The Commerce Department said in the letter that exports to Semiconductor Manufacturing International Corporation “may pose an unacceptable risk of diversion to a military end use in the People’s Republic of China,” according to a Saturday report by The New York Times.

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Last year, the US placed restrictions on companies selling gear to Chinese telecommunications giant Huawei , over concerns about Huawei’s relationship with the Chinese government and fears that its equipment could be used to spy on other countries and companies.

And popular video app TikTok,

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