Luxury car maker Porsche will phase out production of diesel vehicles. The company said in a statement recently that it will no longer make diesel powered vehicles but will get completely focused on the development and manufacturing of vehicles running… Read More ›
Day: September 25, 2018
No Deal Brexit Could Put Flights Between UK And Europe ‘At Risk’: UK Government
The UK government has warned that there can be disruption to air travel from UK to other European countries because if there is a no-deal Brexit. This was revealed in the latest set of documents that lists how key industries… Read More ›
Anglo-Swiss mining and commodities giant Glencore launches additional share buyback of up to $1 billion
Glencore has come under investor pressure to boost its shareholder returns; it is also under pressure from U.S. regulators who have raised alleged corruption and bribery charges against the company. On Tuesday, mining and commodities trading giant Glencore stated, it… Read More ›
Standard Chartered to stop funding new coal-fired powered plants
The move sees Standard Chartered joining its peers who have ended their support for the dirtiest of the fossil fuels midst rising concern on climate change. On Tuesday, in a step aimed at reducing funding for dirty industries, Standard Chartered… Read More ›
Imperial bets on vaping devices for future growth prospects
While the traditional cigarettes market is seeing a decline, the sale of vaping pens and heated tobacco devices are on the rise. On Tuesday, British tobacco company Imperial Brands stated, it expects vaping pens and a heated tobacco device to… Read More ›