A restructuring plan that is soon to be implemented by the global soft drinks giant Coca Cola will see a reduction of about 2,200 jobs in its global workforce. The novel coronavirus pandemic has already hit the business of the… Read More ›
Economy & Finance
China-EU Investment Agreement Could Be Struck By Year-End, Says Reports
The European Union and China are trying to strike an agreement on investment by the end of the current year which will give the EU greater access to the Chinese market. Negotiations for this deal has been ongoing for the… Read More ›
Bitcoin’s Value Crosses $20,000 And Hits An All-Time High
The virtual currency bitcoin broke its own record and touched an all-time high of as it went past the $20,000 mark. With the stock market in turmoil this year, the value of this volatile virtual currency has increased by more… Read More ›
U.S. & EU should iron out differences over subsidies to aircraft manufacturers: USTR
In a significant development, in an interview, U.S. Trade Representative Robert Lighthizer stated the United States and Europe should agree to be on the same page and collaborate in opposing any future “hurtful” subsidies used by China to build up… Read More ›
Washington hopeful of mini-trade deal with London: USTR
In a statement, U.S. Trade Representative Robert Lighthizer told the BBC that Washington is aiming to seal a mini-trade deal with the U.K. which will see a reduction of trade tariffs. Hopefully, punitive tariffs on Scottish whisky could be lowered… Read More ›
UK Business Urged To Stop Using Slave Cotton From China’s Uighur
A member of an influential parliamentary committee in the United Kingdom has issued a warning to the country’s business and companies that they should inquire and investigate the source of the cotton that they are purchasing and using so that… Read More ›
BP takes majority stake in largest U.S. carbon offset developer
On Wednesday, in a statement oil major BP said, it has acquired a majority stake in Finite Carbon, the largest U.S. carbon offset developer as part of its climate goals; the move will also create a new revenue stream for… Read More ›
Travel bubble will separate travelers as Singapore open business to all countries from second half of January
On Tuesday, the government of Singapore said, it will open a new segregated travel lane for a limited number of officials, businesses, and high economic value travelers from all countries. The move is part of efforts to revive its key… Read More ›
China’s Contemporary Amperex Technology to invest $5 billion in lithium battery plant: Indonesia’s deputy minister
On Tuesday, in a statement Indonesia’s deputy minister at the coordinating ministry of maritime and investment affairs said, China’s Contemporary Amperex Technology (CATL) plans on investing $5 billion in a lithium battery plant in the country. The plant is scheduled… Read More ›
Boom In Japan’s Second-Hand Goods Market During The Pandemic
People in Japan were urged to reorganize their homes in to pass out time when the government of the country had announced a state of emergency there because of the novel coronavirus pandemic. Celebrity household organizer Marie Kondo had even… Read More ›
