Author Archives
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Paris Climate Accord Targets Threatened By China’s Coal Surge, Says New Report
China has increased its output from coal-based electricity plants over the last 18 months to power an additional 31 million homes even as the rest of the world is cutting down on the usage of coal as a source of… Read More ›
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Valuation Of Saudi Aramco Finally Set At Up To $1.7 Trillion
Finally the debate around the valuation of Saudi Aramco has been settled. The total valuation of the oil giant and the most profitable company in the world has been set at between $1.6 trillion to $1.7 trillion which is lower… Read More ›
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‘Constructive’ Phone Call On Trade Between US And China: Xinhua
The Chinese state media Xinhua said that the top negotiators on trade form the United States China had held a telephonic discussion on Saturday and the call resulted in both sides having “constructive talks” on the trade agreement being strived… Read More ›
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Top EU Court Rules Special Label For Products From Made In Israeli Settlements
All the member states of the European Union will now have to identify those products that are made in Israeli settlements in their labels, ruled the top court of the EU. It this decision by the court has been welcomed… Read More ›
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China Might Have Used Forced Labor For Cotton Production In Xinjiang, Allege Human Rights Bodies
The use of cotton sourced from the Xinjiang region of China, where the Chinese government has allegedly committed human rights violations on the Muslim Uighur minority, has put global fashion and apparel retailers under the scrutiny over ethical sourcing issues…. Read More ›
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A US Firm Is Replacing Plastic With Mushrooms As An Alternative
A New York-based biotech startup Ecovative claims to have found a solution to adequately replace plastic with a material that is found naturally in our surroundings. The company claims that mycelium, the root-like structure of a mushroom can be a… Read More ›
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OECD Chief Says US-China Trade Deal Biggest Factor For Revival Of Global Growth
A trade agreement between the United States and China is the most crucial determinant of the short term growth of growth in global investment and trade. This was opined by the secretary general of the Organisation for Economic Cooperation and… Read More ›
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Boeing Still Believes Its 737 Max Planes To Return By Next Month
Share of the United States based plane maker Boeing rose after the company said that it still expects its grounded 737 Max planes to fly again in air before the end of this year. Since March this year, after the… Read More ›
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Formula 1 Aims To Turn Carbon Neutral By 2030
Formula 1 has announced that the sport will become carbon neutral by 2030. The sport ultimately aims to completely eliminate all carbon emissions not only from the activity on the race tracks but also those emerging from its transporting its… Read More ›
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Chinese Firm Jingye To Buy Troubled British Steel
As many as 4,000 jobs at British Steel’s Scunthorpe and Teesside plants could be cased saved by the rescue package for the iconic steel making company being offered by China’s Jingye Group. The struggling steelmaker and its assets has been… Read More ›