Keith Block, the CEO of Salesforce.com Inc has stepped down from his office on Tuesday making Marc Benioff the sole CEO of the business software company. With the news reaching the market, shares of Salesforce fell by around 3% in… Read More ›
Month: February 2020
Bob Chapek takes the helm at Walt Disney
In a statement Walt Disney Co stated, its chief exectuive Robert Iger will be stepping down and Bob Chapek, Disney’s Parks head will take over the reins of the company. Disney went on to dd, Iger will continue to keep… Read More ›
JPMorgan Chase & Co to unveil climate initiatives at Investors Day today
On Tuesday, executives from JPMorgan Chase & Co plan on announcing new climate-change initiatives, which includes restrictions on drilling in the artic and financing coal mining projects along with a $200 billion target to provide financing for sustainable projects. JPMorgan… Read More ›
U.S. FAA to pay $90k to aviation safety inspector who disclosed unqualified flight safety inspectors at Boeing
In a statement, the U.S. Federal Aviation Administration (FAA) stated, it has agreed to pay $90,000 to an aviation safety inspector who raised concerns about unqualified flight safety inspectors. The U.S. Office of Special Counsel (OSC) which reviews whistleblower allegations… Read More ›
Samsung Electronics confirms coronavirus case at mobile device factory in Gumi, South Korea
In a statement, Samsung Electronics stated, a case of infection by coronavirus has been confirmed at one of its mobile device factory in Gumi, South Korea, causing a shutdown of the entire facility until Monday morning. “The company has placed… Read More ›
Global Central Bankers Examining The Economic Impact Of Coronavirus Outbreak
Soon after the novel coronavirus was detected and confirmed in China on Dec December 31, the central bankers of the world created a comforting early analysis of its impact by referring to past experiences. The bankers referred to the 2003… Read More ›
EU To Provide Level Playing Field For Its Firms To Rival US And Chinese Tech Giants
Europe is now planning to catch up with the United States and China in the area of technologies that dominated the past decade as it feels that it had been left behind in the technology race. The current aim of… Read More ›
Samsung Electronics names Bahk Jae-wan as its chairman
On Friday, Samsung Electronics named Bahk Jae-wan, its former finance minister as the new chairman of its board after his predecessor was jailed for union-busting activities. Since March 2016, Bahk, 65, served as an independent director on Samsung’s board. He… Read More ›
Shell Predicts Doubling Of Demand For Liquefied Natural Gas By 2040
Royal Dutch Shell’s annual LNG Outlook report shows a 12.5 per cent rise in global demand for liquefied natural gas, or LNG, last year touching a total of 359 million tons. Shell has predicted that natural gas set to play… Read More ›
Coal Miner Glencore Promises To Reduce Carbon Emissions By 30% By 2035
While unwilling to set any form of climate targets for the company, the mining giant Glencore has claimed that it expects to reduce about 30 per cent of its carbon footprint by 2035. This, according to the company, will be… Read More ›
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