Author Archives
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Huawei’s Profit Increased Two Folds In 2023 As Sales Of Smartphones And Cars Increased
Huawei, a Chinese telecoms giant, reported on Friday that improved product offerings contributed to a more than doubled net profit for 2023. The corporation further ascribed the profit increases to a 9.6% yearly increase in revenue, or 704.2 billion yuan… Read More ›
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42% Of Energy Customers Don’t Have Strategies For The Climate Shift, Claims Citi
In a study on climate change that was opened in a new tab on Thursday, the fourth-largest U.S. bank stated that nearly half of the energy companies to which it extends loans have no plans to reduce greenhouse gas emissions…. Read More ›
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Japan Suggests A Potential For Intervention By Denouncing “Speculative” Yen Swings
The Japanese Finance Minister, Shunichi Suzuki, stated on Friday that the recent dips in the value of the yen were the result of “speculative” activities. He implied that authorities were prepared to intervene in the market to stop any extreme… Read More ›
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The Thousands Of Gold Refiners In India Has New Rivals
He and his company, carrying on the legacy of his father and grandparents, buy scrap gold from jewellers, melt it down, and resell it to them as gold bars. His refineries are located in Tiruchirappalli, Tamil Nadu, and Kochi, the… Read More ›
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Yellen Cautions China’s Oversupply Of Solar Panels And Electric Vehicles Could Be Dumped On Global Markets
US Treasury Secretary Janet Yellen has cautioned that China is using the global economy as a dumping ground for its cheaper renewable energy products, lowering market prices and hurting green manufacturing in the United States. “I am concerned about global… Read More ›
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China Removes Tariffs On Australian Wine, Ending A Three-Year Trade Impasse
China will remove anti-dumping and anti-subsidy taxes on Australian wine on March 29, the Chinese commerce ministry announced on Thursday, capping three years of punishing penalties and providing long-awaited relief to Australian wine producers. The tariffs of up to 218.4%… Read More ›
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Lloyd’s Chief Believes The Baltimore Accident Could Result In The Highest Marine Insurance Payment Ever
The collapse of a major Baltimore bridge and its aftermath could result in the largest-ever marine insurance claim, according to Lloyd’s of London’s chairman on Thursday. Following the collision of a massive cargo ship with the Francis Scott Key Bridge… Read More ›
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Greenhouse Gas Emissions In The UK Declined 5.4% In 2023 Due To Lower Gas Usage
Britain’s greenhouse gas (GHG) emissions fell by 5.4% in 2023, according to official figures released on Thursday, as less gas was used to generate electricity and heat houses. To achieve the country’s goal of net zero emissions by 2050, adjustments… Read More ›
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UK Is Regulating Memes Related To Cryptocurrencies And Other Investments To Prevent Scams By Finfuencers.
In an effort to combat an increase in frauds, the financial services regulator in Britain released recommendations for financial services firms and social media influencers creating memes about cryptocurrencies and other assets. In a statement released on Tuesday, the Financial… Read More ›
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China Purchased Flying Car Technology From Europe
A Chinese company has acquired the technology that allowed for the successful test-flight of a flying car, which was first developed in Europe. In 2021, the AirCar used runways for takeoff and landing as it travelled 35 minutes between two… Read More ›
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