On Wednesday, in a statement oil major BP said, it has acquired a majority stake in Finite Carbon, the largest U.S. carbon offset developer as part of its climate goals; the move will also create a new revenue stream for… Read More ›
Month: December 2020
Travel bubble will separate travelers as Singapore open business to all countries from second half of January
On Tuesday, the government of Singapore said, it will open a new segregated travel lane for a limited number of officials, businesses, and high economic value travelers from all countries. The move is part of efforts to revive its key… Read More ›
China’s Contemporary Amperex Technology to invest $5 billion in lithium battery plant: Indonesia’s deputy minister
On Tuesday, in a statement Indonesia’s deputy minister at the coordinating ministry of maritime and investment affairs said, China’s Contemporary Amperex Technology (CATL) plans on investing $5 billion in a lithium battery plant in the country. The plant is scheduled… Read More ›
Britain’s JD Sports acquires U.S. based Shoe Palace for $325 million
On Tuesday, British sportswear retailer JD Sports said, it had acquired shoe retailer Shoe Palace for $325 million. The acquisition of Britain’s biggest sportswear retailer marks of U.S.-based Shoe Palace marks its intention of expanding its footprint in the U.S. market…. Read More ›
Hyundai Motor nominates Jaehoon Chang as Co-CEO and president
On Tuesday, in a statement, Hyundai Motor said, it has nominated Jaehoon Chang, the global head of its premium Genesis brand, as the joint CEO and president of the company. It went on to add, the existing co-CEO and president,… Read More ›
Boom In Japan’s Second-Hand Goods Market During The Pandemic
People in Japan were urged to reorganize their homes in to pass out time when the government of the country had announced a state of emergency there because of the novel coronavirus pandemic. Celebrity household organizer Marie Kondo had even… Read More ›
TikTok Rival Dubsmash To Be Purchased By Reddit
The social network company Reddit is set to become the latest company to slowly move into the social media space that is has been dominated by the China owned short video sharing app TikTok as the former announced its decision… Read More ›
Record Carbon Emission Drop In 2020 Because Of Pandemic: New Research
According to a new research, the biggest annual fall in CO2 emissions since World War Two was witnessed because of the global response to the Covid-19 pandemic. So far this year, there has been a reduction of 7 per cent… Read More ›
Canada to commence inoculation of of Pfizer-BioNTech’s COVID-19 vaccine today
The first batch of COVID-19 vaccines has arrived in Canada said Canadian Prime Minister Justin Trudeau. Canadians are likely to roll up their sleeves to take a shot as early as later today. “The first batch of doses of Pfizer-BioNTech’s… Read More ›
Shares of Burger King India jumps 88% on market debut
On Monday, shares of Burger King India jumped nearly 88% in its market debut following its IPO wherein it raised about $110 million. The development underscores the growth potential in the country’s burgeoning food service sector. Shares of the Indian… Read More ›
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