Author Archives
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Netflix’s Overseas Growth To Be Driven By The Likes Of The Megahit “Squid Game, Say Analysts
The plans of Netflix Inc. to expand its international content offerings in order to boost subscriber growth, which is slowing down, was apparently supported by investors because of the huge success of the South Korean dystopian drama series “Squid Game”… Read More ›
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Achieving Zero-Carbon Shipping By 2040 Pledged By Amazon, Ikea And Unilever
An aggressive target of moving their cargo only on ships using zero-carbon fuel by 2040 has been pledged to be achieved by nine big companies including Amazon, Ikea and Unilever. The companies have said that this aim will also be… Read More ›
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$17.5 Bln To Be Spent By Japan’s Mitsubishi By 2030 To Drive Emission Reduction
Investments to the tune of 2 trillion yen ($17.54 billion) in development of alternative energies such as renewables and hydrogen will be made by Japanese company Mitsubishi Corp by 2030, the company said on Monday, and added that this will… Read More ›
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More Info On India’s Covid Vaccine – Covaxin, Sought By WHO For Emergency Usage Approval
The Indian pharma company Bharat Biotech got a further set back on Monday with respect to its hopes of being granted an emergency-use listing by the World Health Organization for the Covid-19 vaccine developed by it called Covxin as the… Read More ›
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Stock Shortages Could Last Well Into Next Year, Warns Ikea
The current disruption to the global supply chains is expected to last for at least another year, warned Ikea, the Swedish furniture behemoth. While there has been some improvement, according to CEO Jesper Brodin, there is still congestion at ports,… Read More ›
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Despite Curbing November Production, Japan’s Toyota Holds On To Its Full-Year Target
The ongoing global chip shortage has forced Japan’s Toyota Motor Corp to reduce its planned global production output for November by as much as 15 per cent on Friday. The company however hinted that it would increase production in December… Read More ›
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Economic Rebound And Deals Help Estimating Beating Profits By US Banks
Another strong quarter of earnings were reported throughout the week by the four largest consumer banks in the United States, buoyed by the improving situation in the economy which gave them the opportunity to release more cash which they had… Read More ›
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The New Proposed Global Tax Overhaul Puts Developing Countries In Dilemma
In a global shakeup, Ireland may have done the previously unthinkable by giving up its prized 12.5 per cent corporate tax rate. But it and other developed countries appear set to continue dividing the spoils of foreign direct investment. On… Read More ›
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IMF Still Trying To Ramp Up Support For Its Proposed New Trust To Help Poorer Countries
Member support for a proposed Resilience and Sustainability Trust is still being sought by the International Monetary Fund. This trust will give an opportunity for richer nations to divert their IMF reserves to nations that are in need of funding…. Read More ›
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China Orders Coal Miners To Increase Output To Manage Power Shortage
An energy shortage throughout China in recent weeks has resulted in power cuts in millions of homes and businesses which has prompted the government to order coal mines to increase production, said reports quoting sources from China. According to Chinese… Read More ›
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