When McDonald’s Corp, Starbucks Corp, and Yum Brands Inc announce their capital expenditures in their earnings reports this week, investors want to get a sense of the impact of the global supply-chain snarl on the development and expansion plans of… Read More ›
Month: October 2021
2021 Greenhouse Gas Emission At Record Levels, Shows A UN Report
The world is “far off track” in limiting increasing temperatures, according to the United Nations, which warned on Monday as it attempted to provide a stark reminder top world leaders of the challenges facing UN climate negotiations in Scotland. Despite… Read More ›
The Largest Climate Exchange-Traded Fund Range Created By BlackRock
After consenting to stiffer regulations for governing its six existing funds that have a combined $9 billion in assets, the global asset manager BlackRock announced on Tuesday that it has formed the largest variety of climate-aligned exchange-traded equity funds (EFT)…. Read More ›
Novartis weighing options to divest generic drugs unit Sandoz
On Tuesday, Novartis raised the prospect of divesting its generic drugs unit Sandoz while revising upwards its revenue estimate for its two best-selling pharmaceuticals. “Novartis has commenced a strategic review of the Sandoz Division. The review will explore all options, ranging… Read More ›
Japanese financial services group Orix Corp to divest software business Yayoi Co for more than $1.75 billion
According to a report from Bloomberg, Orix Corp, a Japanese financial services group, is likely to divest its software business Yayoi Co for more than $1.75 billion (200 billion yen). Blackstone Inc and Bain Capital are among its bidders, said… Read More ›
Northern China braces for more COVID-19 cases, stringent lockdown imposed
Parts of northern China are facing heightened COVID-19 curbs following a broader outbreak of COVID-19. Three new areas are being locked down with schools halting physical classes and an aerospace company delaying work on a rocket project. According to data… Read More ›
Egypt’s hotel running at 100% capacity: Ministry of Tourism
In a statement, an official from Egypt’s Ministry of Tourism said, Cairo has officially allowed hotels to run at full capacity while observing strict protocols against the Wuhan Coronavirus. Egypt’s Assistant Minister Abdel Fattah al-Asi said, the decision to allow… Read More ›
Jerusalem, Abu Dhabi sign green corridor agreement for vaccinated travelers
In a tweet, the Israeli consulate in Dubai said, Jerusalem and Abu Dhabi have signed a “green corridor” agreement which allows travelers vaccinated against the Wuhan Coronavirus to travel freely between the two countries.
Indian Actors And Cricket Players Launching Their Own NFTs
More and more celebrated and famous Indian filmstars from Bollywood as well as celebrities from the sports of cricket are launching their won non-fungible tokens (NFT) for making digital collectibles and memorabilia, expecting to profit thousands of dollars by capitalising… Read More ›
Pilot Project On Property Tax Scheme To Be Implemented In Some Regions Of China: Xinhua
A pilot real estate tax will be implemented in select provinces. The Chinese parliament’s highest decision-making body said on Saturday, according to a report published in the Chinese official news agency Xinhua. According to Xinhua, which areas will be included… Read More ›