In a statement Russia’s economy ministry said, according to its estimate Russian goods, including cement, iron ore, steel, aluminum, pipes, and electricity, worth $7.6 billion could be subject to a European Union carbon border tax once it is adopted. Earlier… Read More ›
On Thursday, in a statement Netflix Inc said, it has hired a former Facebook executive to lead its video games unit. The development comes at a time when the company is ramping up its efforts to grow beyond its traditional… Read More ›
In a statement the CEO of Yahsat, the newly listed satellite company that is partly owned by Mubadala, Abu Dhabi’s state investor, plans to launch a new satellite in two years, aimed at introducing advanced data services to its clients… Read More ›
In a significant development, the U.S. Federal Communications Commission (FCC) unanimously voted to finalize a $1.9 billion program to reimburse mostly rural U.S. carriers by replacing Huawei’s and ZTE Corp’s equipment as they are seen as posing national security threats…. Read More ›
In a statement electric air taxi startup Joby Aviation, Signature Flight Support and JetBlue Airways Corp said, they are partnering to develop aviation carbon credits for using electric and hydrogen propulsion technologies. The move, aligned with the U.S. aviation industry’s… Read More ›
Britain plans on banning the sale of new petrol and diesel heavy good vehicles from 2040 as part of a broader move towards achieving net zero emissions from all forms of transports. British Prime Minister Boris Johnson’s government is seeking… Read More ›
On Wednesday, two people with knowledge of the matter at hand said, China plans on hosting a launching ceremony for its national carbon emission trading scheme (ETS) on July 16. The ETS will involve some 2,225 power plants across China,… Read More ›
According to a presentation by the Spanish government, Madrid is set to invest $5.11 billion (4.3 billion euros) in the production of electric vehicles as part of a major national spending program financed mostly by European Union recovery funds. The… Read More ›
On Tuesday, in a report the Financial Times said, the U.S. government is slated to companies of heightened risks in operating in Hong Kong; it is also scheduled to update a previously issued warning on Xinjiang. The report draws attention… Read More ›
On Tuesday, in a statement fund network Calastone said, UK-based equity funds recorded inflows totaling to $8.6 billion (6.2 billion pounds) during the second quarter. Incidentally, funds focused on environmental, social and governance (ESG) issues have grossed 50% of net… Read More ›
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