A feasibility study for the conducting trials for the use of hydrogen fuel cells for ships in Singapore is currently being conducted by the energy company Royal Dutch Shell along with its partners, the company said on Monday. This is… Read More ›
Month: April 2021
L’Oreal To Target Male Beauty Consumers In Its New ‘Growth Engine’ Market
According to the French cosmetics giant L’Oreal, it expects the majority of its new business over the coming decade will come from a newly created South Asia Pacific and Middle East market by the company and cosmetics for men will… Read More ›
Vaccination Ramp Up And Rivalry Slows Q1 Subscriber Growth For Netflix
The first quarter of the current year saw Netflix losing out on subscriber growth at a time when the vaccinations are ramping up even while the online video streaming company had seen a huge growth in the first quarter last… Read More ›
Dogecoin’s Price Surges 4005 In A Week Raising Crypto Bubble Concerns
Dogecoin, the cryptocurrency that was based on the “Doge” meme, which rose to popularity in late 2013, is now among the top 10 digital currencies of the world and is worth $40 billion. The meme portrays a Shiba Inu dog… Read More ›
JPMorgan To Deploy $2.5 Trillion To Fight Climate Change
A huge investment is to be made towards fighting climate change by the largest bank of the United States. A total of $2.5 trillion over 10 years will be either financed or invested by JPMorgan Chase (JPM) to fund solutions… Read More ›
China’s Economy Continued Rebound From Pandemic With 18.3% Q1 Growth
The Chinese economy reported a 18.3 per cent growth in the first quarter compared to the same period a year ago – when the economy was severely battered by the covid-19 pandemic. This is the highest quarterly growth of the… Read More ›
Uber Wants Its Workers To Attend Office At Least Three Days A Week
The ride hailing company Uber will allow its employees to work from home but only for two days of the week even as Covid-19 restrictions are getting relaxed in many countries and offices are reopening, Nikki Krishnamurthy, the company’s chief… Read More ›
Weaker Economic Recovery For 5 Southeast Asian Countries Due To Lingering Covid-19 Restrictions: IMF
Its forecast for a number of Southeast Asian economies was downgraded by the International Monetary Fund even while becoming more optimistic about the fortunes of the global economy and the broader Asia-Pacific region. The five largest developing economies in Southeast… Read More ›
VW strikes landmark wage deal with Germany’s most powerful union
In a significant development, Volkswagen has agreed to a wage deal with Germany’s most powerful union for 120,000 staff, representing 18% of its workforce. The deal with IG Metall sees salaries rise by 2.3% from January 2022. It also includes… Read More ›
China crackdowns on Jack Ma’s Ant group with vengeance
In a development that marks the risks of doing business in China, where Chinese rulers through courts hold absolute power, Chinese regulators have imposed a sweeping restructuring on Jack Ma’s Ant Group, in a move aimed at curbing its valuation… Read More ›
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