This year’s Nobel Peace Prize has been awarded to the World Food Programme “for its efforts to combat hunger, for its contribution to bettering conditions for peace in conflict-affected areas and for acting as a driving force in efforts to… Read More ›
In a significant development, Europe’s biggest lender HSBC said, it aims to target net zero carbon emissions across its entire customer base by 2050 at the latest; it will provide financing in the range of $750 billion to $1 trillion… Read More ›
In a significant development, JPMorgan Chase & Co stated it has decided to commit $30 billion to address racial inequality over the next 5 years. The development marks the largest corporate pledge to bring down racial tensions in the United… Read More ›
A critical role could be played by green bonds in the recovery of the global economy from the impact of the novel coronavirus pandemic. In recent months, there has been an increase in interest in green bonds with investors trying… Read More ›
The process of selecting the new director general of the World Trade Organisation (WTO) is now in its final stages. Nigeria’s former finance minister Ngozi Okonjo-Iweala and South Korean trade minister Yoo Myung-hee are the final two candidates who… Read More ›
On Thursday, in a significant development that will see the renewable energy industry receive a financial boost, Dutch lender ING stated, it has taken steps to significantly cut on lending to carbon emitting companies in the power industry over the… Read More ›
According to a Republican congressional aide briefed on the matter at hand, the United States plans on imposing fresh sanctions on Iran’s financial industry. The development comes ahead of a key U.S. election. The move is likely to shut out… Read More ›
Argentina has approved a strain of drought-resistant GMO wheat, developed by biotechnology firm Bioceres SA, making it the first country in the world to approve of GMO wheat. So far no country has given approved the imports of GMO products;… Read More ›
In a report the Financial Times has stated citing a memo, AstraZeneca could start profiting from its COVID-19 vaccine as early as July 2021; the British drugmaker can thus essentially declare when the global pandemic can essentially end. London listed… Read More ›
On Thursday, in a report, Japanese newspaper Yomiuri stated, from November 2020, Japan plans on removing the ban on overseas travel 12 countries including China, from where the coronavirus emerged. The 11 other countries and regions include Taiwan, Malaysia, Australia,… Read More ›
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