On Tuesday, executives from JPMorgan Chase & Co plan on announcing new climate-change initiatives, which includes restrictions on drilling in the artic and financing coal mining projects along with a $200 billion target to provide financing for sustainable projects. JPMorgan… Read More ›
Creativity
U.S. FAA to pay $90k to aviation safety inspector who disclosed unqualified flight safety inspectors at Boeing
In a statement, the U.S. Federal Aviation Administration (FAA) stated, it has agreed to pay $90,000 to an aviation safety inspector who raised concerns about unqualified flight safety inspectors. The U.S. Office of Special Counsel (OSC) which reviews whistleblower allegations… Read More ›
Samsung Electronics confirms coronavirus case at mobile device factory in Gumi, South Korea
In a statement, Samsung Electronics stated, a case of infection by coronavirus has been confirmed at one of its mobile device factory in Gumi, South Korea, causing a shutdown of the entire facility until Monday morning. “The company has placed… Read More ›
Global Central Bankers Examining The Economic Impact Of Coronavirus Outbreak
Soon after the novel coronavirus was detected and confirmed in China on Dec December 31, the central bankers of the world created a comforting early analysis of its impact by referring to past experiences. The bankers referred to the 2003… Read More ›
EU To Provide Level Playing Field For Its Firms To Rival US And Chinese Tech Giants
Europe is now planning to catch up with the United States and China in the area of technologies that dominated the past decade as it feels that it had been left behind in the technology race. The current aim of… Read More ›
Samsung Electronics names Bahk Jae-wan as its chairman
On Friday, Samsung Electronics named Bahk Jae-wan, its former finance minister as the new chairman of its board after his predecessor was jailed for union-busting activities. Since March 2016, Bahk, 65, served as an independent director on Samsung’s board. He… Read More ›
Coal Miner Glencore Promises To Reduce Carbon Emissions By 30% By 2035
While unwilling to set any form of climate targets for the company, the mining giant Glencore has claimed that it expects to reduce about 30 per cent of its carbon footprint by 2035. This, according to the company, will be… Read More ›
Japan To Conduct Trials With HIV Drug To Fight Coronavirus
Japan is facing a threat to its economy as well as for its public health system because of the growing number of cases of coronavirus infections in the country. As a measure to try and mitigate this threat, Japan is… Read More ›
EU Companies Reveal Little Data For Non-Financial Reporting, Finds New Study
Companies in the European Union are revealing very little data about what they are doing on non-financial issues such as climate change and human rights performance, claimed a new report released by the Alliance for Corporate Transparency. According to the… Read More ›
$4 Billion Fund Created By Singapore To Help Out Firms And Households Hit By Coronavirus
Business and households that have been hit by the ongoing coronavirus outbreak in Singapore will be helped by the government which has set aside a total of 5.6 billion Singapore dollars or $4.02 billion in reserves for the purpose for… Read More ›