On Thursday, in a statement the Global Financial Markets Association (GFMA) said, countries should increase the use of carbon markets to meet goals set by the Paris climate agreement aimed at limiting a rise in the earth’s temperature to 1.5… Read More ›
Creativity
Higher Prices And Newer Menu Items Helps Push Up Mcdonald’s Sales
Quarterly sale figures of McDonald’s Corp in the United States beat projections of the Wall Street, thanks to higher prices, larger order quantities, and additional menu items like the crispy chicken burger, the global fast food chain announced Wednesday. In… Read More ›
China’s Top Hot Pot Firm Loses $4 Billion In Three Days Due To Covid-19 Spike
The Chinese government’s escalating restrictions imposed to contain a rise in Covid-19 cases is having an impact on local businesses as a leading Chinese hot pot chain’s market value dwindled by $4 billion in a span of just three days…. Read More ›
Volvo Cars making major concessions to wet investor appetite given strong concerns
Ahead of its initial public offering, Volvo Cars’ Chinese owner Zhejiang Geely is making some major concessions so as to wet investor appetite. Chinese owned Volvo Cars has slashed the amount it aims to raise from its massive equity offering by… Read More ›
Justice Department pursues FCA in emission fraud, financial penalties being negotiated
According to sources familiar with the matter hand, Fiat Chrysler Automobiles (FCA) is close to an agreement to plead guilty to criminal conduct so as to resolve a multiyear emissions fraud probe revolving around its Ram pickup trucks and Jeep… Read More ›
Trump tightens grip on his social media company
According to regulatory filings late on Tuesday, former U.S. President Donald Trump will be able to retain the ownership of his newly launched social media venture even if he chooses to make another run for the presidency or is convicted… Read More ›
US considering options to include Israel, Cyprus, Bulgaria and Romania to VISA waiver program
In a statement the U.S. Homeland Security Secretary Alejandro Mayorkas stated, the United States is considering adding four countries to its visa waiver program allowing them to visit the country without a visa for up to 90 days. “We have… Read More ›
2021 Greenhouse Gas Emission At Record Levels, Shows A UN Report
The world is “far off track” in limiting increasing temperatures, according to the United Nations, which warned on Monday as it attempted to provide a stark reminder top world leaders of the challenges facing UN climate negotiations in Scotland. Despite… Read More ›
The Largest Climate Exchange-Traded Fund Range Created By BlackRock
After consenting to stiffer regulations for governing its six existing funds that have a combined $9 billion in assets, the global asset manager BlackRock announced on Tuesday that it has formed the largest variety of climate-aligned exchange-traded equity funds (EFT)…. Read More ›
Novartis weighing options to divest generic drugs unit Sandoz
On Tuesday, Novartis raised the prospect of divesting its generic drugs unit Sandoz while revising upwards its revenue estimate for its two best-selling pharmaceuticals. “Novartis has commenced a strategic review of the Sandoz Division. The review will explore all options, ranging… Read More ›