A New York-based biotech startup Ecovative claims to have found a solution to adequately replace plastic with a material that is found naturally in our surroundings. The company claims that mycelium, the root-like structure of a mushroom can be a… Read More ›
Month: November 2019
OECD Chief Says US-China Trade Deal Biggest Factor For Revival Of Global Growth
A trade agreement between the United States and China is the most crucial determinant of the short term growth of growth in global investment and trade. This was opined by the secretary general of the Organisation for Economic Cooperation and… Read More ›
Ultra-long haul flights are key to Boeing’s growth
According to an executive from Boeing, the airplane maker has identified flights lasting 14 hours or more as a “key consideration” for its global growth strategy over the next 20 years. In recent weeks, these ultra-long haul flights have grabbed… Read More ›
Boeing Still Believes Its 737 Max Planes To Return By Next Month
Share of the United States based plane maker Boeing rose after the company said that it still expects its grounded 737 Max planes to fly again in air before the end of this year. Since March this year, after the… Read More ›
Formula 1 Aims To Turn Carbon Neutral By 2030
Formula 1 has announced that the sport will become carbon neutral by 2030. The sport ultimately aims to completely eliminate all carbon emissions not only from the activity on the race tracks but also those emerging from its transporting its… Read More ›
Vodafone bumps earning guidance after organic growth in second quarter
Vodafone increased its 12-months earnings guidance, following improved organic growth in two of its most challenging markets such as Spain and Italy. The world’s second largest mobile operator reported an organic growth of 0.3% in its service revenue in the… Read More ›
Chinese Firm Jingye To Buy Troubled British Steel
As many as 4,000 jobs at British Steel’s Scunthorpe and Teesside plants could be cased saved by the rescue package for the iconic steel making company being offered by China’s Jingye Group. The struggling steelmaker and its assets has been… Read More ›
UK Economic Growth At Slowest Annual Rate In Almost A Decade
The impact of uncertainty over Brexit weighed down on the economy of the United Kingdom in the third quarter as it grew at its slowest annual rate in almost a decade. According to data from the Office for National Statistics,… Read More ›
Bernard J. Tyson, chairman and CEO of health insurer Kaiser Permanente passes away at 60
Bernard J. Tyson, chairman and chief executive officer of not-for-profit health insurer Kaiser Permanente, died in his sleep aged 60, said the company in a statement. Tyson, who rose to the top job since 2013, was the company’s first black… Read More ›
Qantas Airways pledges to slash carbon emission to net 0 by 2050
In a development that marks growing awareness towards climate change, on Monday, Qantas Airways Ltd pledged to slash its carbon emissions to net zero by 2050. Its pledge comes in the wake of IAG also doing the same. “We’re doing… Read More ›