The United Kingdom based watchdog Ofcom will now be handed over new powers to ensure that social media companies are forced to take action against harmful content. This is the first time that such a step is being taken for… Read More ›
Day: February 12, 2020
Loss Of Nature Will Cause Big Hit To Global Economic Growth, Says New Report
The World Wildlife Fund has warned that about £368bn a year will be wiped off global economic growth by 2050 because of loss of nature. One of the major losers in this will be the United Kingdom which will see… Read More ›
JPMorgan selected as adviser for sale of stake in Turkey’s $7.3 billion motorway: source
According to four sources familiar with the matter at hand, JPMorgan has selected picked as an adviser for the sale of a stake in a $7.3 billion motorway in Turkey. The project has been billed as a landmark project in… Read More ›
Singapore’s biggest bank, DBS Asia Central, evacuates 300 staff over China’s coronavirus
On Wednesday, according to an internal memo from DBS, Singapore’s biggest bank, 300 staff from its head office have been evacuated as a precautionary measure following a confirmed coronavirus case at the bank. “I regret to inform you that there… Read More ›
Oil traders pour funds into green initiatives in search of sustainable business model
With oil traders seeking to match profits they make from trading oil from climate friendly projects, they are pouring hundreds of millions of dollars into such projects which include wind farms, blue hydrogen and cow manure plants. As a result… Read More ›