Author Archives
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Delta Air orders 30 A321neo narrowbody aircraft from Airbus
In a statement Delta Air Lines said, it has ordered 30 A321neo narrowbody aircraft from Airbus. The development comes at a time when the U.S. carrier prepares for a rebound in travel. Following the new orders, Delta Air’s outstanding orders total… Read More ›
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Virgin Orbit goes public through merger with blank check company NextGen Acquisition Corp. II
In a statement Richard Branson’s Virgin Orbit said, it is going public through a merger with a blank-check company in a deal valued at around $3.2 billion. The deal is expected to provide $483 million in proceeds to the combined… Read More ›
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Danish shipping giant Moller-Maersk orders 8 carbon neutral ship from Hyundai Heavy Industries
On Tuesday, in a statement A.P. Moller-Maersk said, it had ordered 8 vessels which can run on carbon-neutral methanol to accelerate the decarbonisation of its fleet. The development sees the shipping giant meeting demand for greener transportation. A.P. Moller-Maersk has… Read More ›
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BlackRock Japan hiring former Bank of Japan policymaker Takako Masai
On Monday, in a statement BlackRock Japan said, it was in the process of hiring former Bank of Japan policymaker Takako Masai as an external board member, effective from Tuesday. Masai served as the sole female member of the central… Read More ›
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LG Chem’s share fall after GM’s expands Chevrolet Bolt recall
On Monday, shares of LG Chem Ltd slid by nearly 10% following a statement by General Motors Co that it would recall an extra 73,000 Chevrolet Bolt cars, which use the South Korean firm’s batteries, months after a similar recall by Hyundai… Read More ›
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Britain pushes G7 for new economic sanctions on Taliban
Britain plans on collaborating with world leaders to consider imposing new sanctions on the Taliban, which took control of Afghanistan following the disorderly exit of US troops from the country. The G7 is scheduled to meet on Tuesday to discuss… Read More ›
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Extinction Rebellion targets London’s financial district
Climate change activists have targeted the headquarters of the City of London’s government following the beginning of their two weeks of protests centered around London’s financial district. More than 200 demonstrators from the group Extinction Rebellion targeted the home of… Read More ›
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Crypto exchange Binance hires former U.S. Treasury criminal investigator Greg Monahan as its global money laundering reporting officer
In a statement Binance said, it had appointed former U.S. Treasury criminal investigator Greg Monahan as its global money laundering reporting officer, in an effort to reinvent itself as a regulated financial firm from being one of the world’s largest… Read More ›
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London court approves $14 billion class action lawsuit against Mastercard
In a significant development, a court in London has approved a $14 billion-plus (10 billion pound-plus) class action lawsuit against Mastercard. According to claimants, 46 million British adults could receive 300 pounds each if it is successful. The class action… Read More ›
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Baidu raises $1 billion in ESG bonds
In a statement China’s Baidu Inc said, it has raised $1 billion in two tranches of U.S. dollar sustainability bond, marking its first environment, social and governance (ESG) transaction. While the first tranche covers a 5.5-year bond for $300 million the… Read More ›
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