Standard Chartered posted a higher-than-expected quarterly pre-tax profit on fewer loan impairment costs on Tuesday, as the developing markets-focused lender benefited from a recovery in pandemic-affected areas. Statutory pretax profit for the bank, which generates the majority of its business… Read More ›
Rivian Automotive Inc, funded by Amazon.com Inc, is aiming for a value of more than $53 billion for its U.S. debut, putting the electric car maker on par with competitor Honda Motor. The business is aiming to raise up to… Read More ›
In a statement the Federal Aviation Administration said, it had issued a special information bulletin alerting operators, manufacturers, and pilots that action may be required to address potential interference issues from the usage of 5G telecommunications technology from sensitive aircraft electronics. With… Read More ›
In a statement on Wednesday, Yi Gang, the Governor of China’s central bank, the People’s Bank of China, said, Beijing will strengthen personal protections in the financial technology sector to curb unauthorised data collection and abuses. Beijing aims to provide… Read More ›
In a statement US climate envoy John Kerry said, developed countries have pledged a total of $100 billion towards climate financing following new commitments made by Japan. In 2009 developed countries had pledged to provide $100 billion by 2020 to… Read More ›
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