The current disruption to the global supply chains is expected to last for at least another year, warned Ikea, the Swedish furniture behemoth. While there has been some improvement, according to CEO Jesper Brodin, there is still congestion at ports,… Read More ›
The ongoing global chip shortage has forced Japan’s Toyota Motor Corp to reduce its planned global production output for November by as much as 15 per cent on Friday. The company however hinted that it would increase production in December… Read More ›
Another strong quarter of earnings were reported throughout the week by the four largest consumer banks in the United States, buoyed by the improving situation in the economy which gave them the opportunity to release more cash which they had… Read More ›
On Friday, in a statement Polish Climate Minister said, Poland will provide an additional $380 million (1.5 billion zlotys) subsidies to consumers following a hike in energy prices. Benchmark European gas prices have risen sharply following tightening of gas supplies… Read More ›
With China raising the stakes in a potential invasion of Taiwan, White House press secretary Jen Psaki said, Washington’s commitment towards Taiwan is “rock solid”. “We will continue to support Taiwan’s self defense,” said Psaki.
In a statement the British government said, starting from October 24, fully vaccinated passengers arriving in the country from low-risk countries will no longer have to take COVID-19 tests. In September, the government had simplified rules for international travel to… Read More ›
As per a report from The Times, Chinese President Xi Jinping is unlikely to attend the crucial climate conference in Scotland. Britain, which is hosting the 26th United Nations Climate Change Conference of the Parties, also known as COP26, in… Read More ›
On Wednesday, the European Commission said, it will place before Britain a package of measures aimed at easing the transit of goods to Northern Ireland. The measures have been designed to ease customs controls, including the clearance of meat, dairy… Read More ›
Lawmakers from the European Parliament environment committee are fully backing the EU governments’ position for the COP26 climate summit, wherein countries will finalise rules to put the 2015 Paris Agreement into effect. The COP26 summit, will run from October 31… Read More ›
On Tuesday, shares of Thailand’s airlines and hotels rose in early morning trade, following an announcement by the prime minister that from November more vaccinated tourists would be allowed to visit the country. Late on Monda, Prayuth Chan-ocha said mandatory quarantine… Read More ›
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