Author Archives
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Common Charger Could Be Made Mandatory By EU For Apple iPhones And Other Devices
The European Commission, the executive arm of the European Union, proposed a new regulation on Thursday that would require smartphone and other electronics manufacturers to provide their gadgets with a common USB-C charging connection. The new regulation is intended to… Read More ›
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US Fed Says Strength Of American Economy Continues Despite Delta
According to the US Federal Reserve, the US economy is still growing, although at a slower pace due to the Delta version of Covid. The central bank stated that the labour market was strengthening and that the present high rates… Read More ›
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Investors Identify 50 Global Companies Most Exposed To Physical Climate Change Risks
According to investors with $10 trillion in assets, the fifty companies globally that are that are highly exposed to physical climate hazards include names like energy companies of Europe such as Centrica and Galp, European energy corporations, as well as… Read More ›
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Supply Chain Issues Can Hit Auto Firms By $210 Billion In 2021, Says A Forecast
According to Alixpartners, global automakers might lose $210 billion in sales in the current year because of due to supply chain interruptions, which was nearly double compared to an estimate issued by the organization earlier this year. In a recent… Read More ›
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Food Spending In Asia To Double To Over $8 Trillion By 2030, Says Report
The region’s food spending will reach more than $8 trillion over the next ten years, up from $4 trillion in 2019. It will also become the largest food and beverage market in the world, according to the “Asia Food Challenge… Read More ›
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Call For Achieving Zero Emissions Shipping By 2050 Given By Top Global Companies
More than 150 companies and organizations, including major oil companies and port authorities, called Wednesday for global shipping to be completely decarbonized by 2050. They urged governments to take urgent action as the time was short. Global shipping is responsible… Read More ›
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NFT Fantasy Soccer Game Firm Sorare Raises $680M In Funding Round Led By SoftBank
Sorare, a blockchain-based fantasy soccer game, raised$680 million in a funding round that was led by Japan’s investing conglomerate SoftBank. Players who invested in the fantasy game firm included ex-England international Rio Ferdinand as well as Gerard Pique from Spain… Read More ›
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Semiconductor Supply Will Stabilize But At Less Than Desired Levels, Says GM President
While providing hope that the current global supply shortage of semiconductors for the auto industry will stabilize, according to General Motors Co.’s president the rate of stabilization of supply will be at levels much lower than what the auto industry… Read More ›
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Internal Government Dissent Over India’s Plans For Stricter E-Commerce Rules: Reuters
India’s plans to tighten regulations on its rapidly growing e-commerce market have run into internal government dissent. According to a report published by the news agency Reuters based on memos of the government seen by it, the Ministry of Finance… Read More ›
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EU Plans Easing Of Insurance Rules To Provide 120B Euro Economic Boost
On Wednesday, the European Union proposed to change the capital rules of the bloc for insurers to release 120 billion euro ($141 billion) to repair an economy damaged by COVID. This will allow for climate goals and help policyholder protection… Read More ›
