Author Archives

• Japan to lift travel ban to 12 countries from November 2020

  By admin1 on October 8, 2020 • ( 0 )

  

  On Thursday, in a report, Japanese newspaper Yomiuri stated, from November 2020, Japan plans on removing the ban on overseas travel 12 countries including China, from where the coronavirus emerged. The 11 other countries and regions include Taiwan, Malaysia, Australia,… Read More ›

• Britain to test COVID-19 status of international tourists from November 2020

  By admin1 on October 7, 2020 • ( 0 )

  

  According to a report from The Guardian, the UK government will set up a global travel taskforce and defer an anticipated plan to introduce COVID-19 testing for international arrivals until November. The setting up of the taskforce came about on… Read More ›

• JPMorgan aims to support clients investing in clean energy, track commitments to COP21

  By admin1 on October 7, 2020 • ( 0 )

  

  In a development that is likely to have a huge impact, JPMorgan Chase & Co said, it “aims to support its clients in expanding investment in clean energy and work towards net zero-emissions by 2050”. The potential move aligns the… Read More ›

• Britain taking steps to secure FTSE from hostile foreign state actors

  By admin1 on October 7, 2020 • ( 0 )

  

  On Wednesday, in a significant development, according to a report from The Times, British Finance Minister Rishi Sunak plans on blocking companies from being listed on the London Stock Exchange on national security grounds. The proposed move will see the… Read More ›

• Tesla negotiating nickel supply contract with BHP Group to slash battery cost

  By admin1 on October 7, 2020 • ( 0 )

  

  According to sources familiar with the matter at hand, Tesla Inc is negotiating a nickel supply deal with the BHP Group as part of a broader effort to ramp up production and meet higher production targets in an effort to… Read More ›

• Calls for informal boycott of Turkish imports rises in Saudi Arabia

  By admin1 on October 5, 2020 • ( 0 )

  

  In a significant development, the head of Saudi Arabia’s Chambers of Commerce called for a boycott of Turkish goods and service midst merchants’ reports of animosity between Riyadh and Ankara. Since years, both countries have been at loggerheads over foreign… Read More ›

• New Zealand’s dairy giant Fonterra to sell China farms for $368M, shift focus on domestic market

  By admin1 on October 5, 2020 • ( 0 )

  

  In a significant development on Monday, New Zealand’s Fonterra said, it has agreed to sells its farms in China for a total of $367.97 million. Fonterra termed the move, marking a decoupling from China, as one aimed at reducing its… Read More ›

• Renewed travel restrictions adds headwinds to aviation outlook: Airbus CEO

  By admin1 on October 5, 2020 • ( 0 )

  

  According to Michael Schoellhorn, Airbus’ Chief Operating Officer, renewed travel restrictions and rising coronavirus infections have worsened the outlook for the aviation industry. Current air travel levels are only a fraction of normal levels because of travel restriction imposed by… Read More ›

• COVID-19 and Brexit will cost UK $174 billion every year for next decade

  By admin1 on October 5, 2020 • ( 0 )

  

  According to research firm Baker & McKenzie, if Boris Johnson’s government fails to secure a post-Brexit trade deal with the European Union along with the impact the coronavirus is having on the British economy, their combined cost to the United… Read More ›

• Tesla acquires Germany’s ATW Automation eyeing planned increase in battery production

  By admin1 on October 3, 2020 • ( 0 )

  

  According to a source familiar with the deal, Tesla Inc has agreed to acquire Germany’s ATW Automation, a supplier assembling battery modules and packs for the auto industry, for an undisclosed sum. ATW, a subsidiary of Canadian ATS Automation Tooling… Read More ›