There was growth in the generation of wind and solar energy in Australia in 2020 while the country’s carbon emissions dropped during the year by 2020, the government of the country said on Monday. According to analysts this was primarily… Read More ›
Economy & Finance
Growth In China’s Factory Activity In May Allows Slightly Due To Surge In Raw Materials Costs
With the growth of costs for raw materials increasing at the fastest pace in more than two decades factory activity growth in China slowed down slightly in May. The high costs of raw materials affected the output of small and… Read More ›
Baby And Maternity Stocks Soar As China Announces Its New 3-Child Policy
The manufacturers of strollers, car seats and baby formula could have a field day by the decision of China to shift away from its one children policy and to allow families to have three children. Whether it would lead to… Read More ›
Top Bank Executives Entering Hong Kong To Be Exempt From Quarantine
The Securities and Futures Commission (SFC) has said that strict virus quarantine measures in Hong Kong are not being applied on top bankers. An application for the mandatory 21-day quarantine could be filed by senior banking executives who are fully… Read More ›
Economic growth likely to return to pre-COVID-19 levels in early 2022: French Finance Minister Bruno Le Maire
In a statement on Monday, French Finance Minister Bruno Le Maire said, the public deficit is likely to hover at 9.4% of the country’s gross domestic product; the previous estimate was 9%. In an interview with national TV channel France… Read More ›
Since Brexit, EU Tariffs Worth Billions Faced By British Exports
Analysis of official EU statistics shows that since Brexit was imposed, tariffs on trade with the European Union have has been faced by British exports worth billions of pounds. Taxes were applied on up to £3.5bn of British exports even… Read More ›
Tech Supply Chain Threatened With Disruption Due To Vietnam Coronavirus Outbreak
Factories located in Vietnam’s industrial northern provinces, where the units of suppliers of tech giants such as Apple, Samsung and other global tech firms are located, is operating below capacity because of a rapidly spreading Covid-19 outbreak there, said reports… Read More ›
Vietnamese business hub Ho Chi Minh City enacts COVID-19 protocols
In a statement on Sunday, the Vietnamese government said, its business hub Ho Chi Minh City will begin social distancing measures for 15 days starting from May 31. The effort is aimed at curbing the spread of coronavirus-induced COVID-19 pandemic…. Read More ›
Backlash Against Big Oil Hailed As Catalyst For Aviation Green Fuels By IATA
According to the head of global airline body IATA, the global airlines will be prompted to raise its own environmental goals because of increasing backlash of activists and investors of oil majors against the companies’ ‘green’ shift which is seen… Read More ›
New Report Calls For Tripling Green Investments By 2030
The State of Finance for Nature Report suggested that the world needs to triple its investment in nature-based solutions by 2030 while increasing them by four times by 2050 to avoid irreversible damage to economies, the planet and humanity itself… Read More ›