A draft statement prepared for a virtual summit shows that India will be asked to join the efforts of the European Union to create a global treaty on plastic pollution. “The EU invited India to consider endorsing the Leaders’ Pledge… Read More ›
Month: May 2021
SEC weighing introduction of new trading rules addressing trading and corporate climate risk disclosures
In a significant development, the new chairman of the U.S. securities regulator told U.S. lawmakers that the agency was weighing options which include the creation of new trading rules to address issues raised by this year’s GameStop Corp trading saga… Read More ›
Germany lays out roadmap towards green aviation fuel
In a significant development, German Chancellor Angela Merkel’s government has agreed with the aviation industry and regional authorities on a roadmap for the development and use of “green” aviation fuel. The aim of the plan is to ensure that starting… Read More ›
Bosch to invest up to $100M in Mexico
In a statement, Bosch, the world’s largest car parts supplier said, it plans to invest up to $100 million in Mexico this year; the development sees a 15% increase, mostly in new manufacturing lines and digitization projects. The resources will… Read More ›
Rise in demand for US travel on vaccine tourism: LATAM Airlines Group
In a statement the LATAM Airlines Group said it sees an increase in demand from South Americans wanting to travel to the US to get vaccinated against the coronavirus. “The past few weeks we have seen an increase in that… Read More ›
Pandemic Induced Digital Payments Boom Drive PayPal To Beat Profit Estimates
The Covid-19 pandemic has boosted e-commerce and online shopping which consequently has also led to boost in digital payments which has benefitted online and digital payments firm PayPal Holdings Inc as it reported its strongest first quarter profits on record… Read More ›
Economic Dialogue With Australia ‘Indefinitely’ Suspended By China
The relations between China and Australia were already tense and it took a turn for the worst this week after Beijing announced an indefinite suspension of all activities that were being undertaken under a high-level economic dialogue with Australia –… Read More ›
EU willing to discuss US-backed proposed to waive IPR on Covid-19 vaccines
On Thursday, in a significant development, European Commission president Ursula von der Leyen said the European Union is willing to discuss a US-backed proposal to waive intellectual property rights for COVID-19 vaccines. “The EU is also ready to discuss any… Read More ›
European Court of Justice upholds partial ban on Bayer’s pesticides linked to death of bees
In a landmark ruling on Thursday, the European Union’s top court upheld the EU’s partial ban on three insecticides linked to harming of bees, thus extending their usage on certain crops. Dismissing an appeal by Bayer, the European Court of… Read More ›
Michel Doukeris to replace Carlos Brito as CEO: AN InBev
In a significant development, Anheuser-Busch InBev CEO Carlos Brito is set to step down from the company in July; he will be replaced by the head of the company’s North America division. The development comes at a time when AB InBev,… Read More ›
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