Author Archives
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China’s Alibaba To Sell 5per cent Stake In Chinese Broadcaster Following Regulatory Crackdown
Its whole 5.01 per cent interest in broadcaster Mango Excellent Media Co Ltd will be sold by an investment arm of the Chinese e-commerce giant Alibaba Group Holding Ltd, which has been targeted in a regulatory crackdown, according to the… Read More ›
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Taiwan’s Bid To Join The Trans-Pacific Trade Pact Welcomed By Japan
The bid of Taiwan to be a part of a trans-Pacific trade agreement was welcomed by Japan on Friday saying that Taiwan shared common democratic principles with Japan. Taiwan is claimed to be its own territory by China, Compared to… Read More ›
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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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