3M Co has won a lawsuit wherein the plaintiff had alleged that the company had covered up defects in the design of earplugs that are used by the military. This is the second case alleging that 3M fudged test results, hid… Read More ›
Month: May 2021
Backlash Against Big Oil Hailed As Catalyst For Aviation Green Fuels By IATA
According to the head of global airline body IATA, the global airlines will be prompted to raise its own environmental goals because of increasing backlash of activists and investors of oil majors against the companies’ ‘green’ shift which is seen… Read More ›
New Report Calls For Tripling Green Investments By 2030
The State of Finance for Nature Report suggested that the world needs to triple its investment in nature-based solutions by 2030 while increasing them by four times by 2050 to avoid irreversible damage to economies, the planet and humanity itself… Read More ›
Covid-19 Origin Probes Being ‘Poisoned By Politics’, Says WHO
The probes to find out the origin of the Covid-19 causing novel coronavirus are being “poisoned by politics”m said a top official of the World Health Organization (WHO) on Friday. This Wednesday, United States president Joe Biden announced that he… Read More ›
Brazil Facing Worst Dry Spell In 91 Years, Put On Drought Alert
With Brazil facing its worst dry spell in 91 years, the government agencies of the country have issued warnings of droughts in the country this week. That has caused concerns and fears of measures such as energy rationing, hitting hydroelectric… Read More ›
DOJ’s Antitrust Division and the Justice Department’s budget gets boost from the President
In a significant development U.S. President Joe Biden has proposed a hike of 11% in budgetary funding for the Federal Trade Commission and the Justice Department’s Antitrust Division, both of which have filed major lawsuits against big tech companies in… Read More ›
European Commission fines ICAP $7.9M for yen cartel
On Friday, antitrust regulators from the European Union levied a fine of $7.9 million (6.45 million euros) on the world’s largest interdealer broker ICAP for taking part in several yen interest rate derivatives cartels. In 2015, although the European Commission… Read More ›
Industry Association Says 2021 To Be Year Of ‘Record Level’ Earnings Of US Banks
With the recovery of the United States economy and buoyancy in the financial markets, 2021 is likely to be a year of “record level” of earnings for US banks, said the Institute of International Finance, an industry association. Bank lending… Read More ›
Production At Its Southern India Plant Halted By Ford Due To Pandemic Surge
Following a lunchtime sit-in protest on Thursday staged by the workers of its car plant in India’s southern state of Tamil Nadu, Ford Motor Co said it will halt production at the facility. The workers have been protesting to get… Read More ›
Government Agencies, NGOs Being Targeted By Group Behind Solarwinds Hack, Says Microsoft
According to Microsoft Corp, government agencies, think tanks, consultants, and non-governmental organizations are now being targeted by the group behind the SolarWinds cyber attack whioch was identified last year. “This week we observed cyberattacks by the threat actor Nobelium targeting… Read More ›
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