On Monday, shares of Standard Chartered’s and HSBC in Hong Kong fell vertically following media reports that the two banks along with other banks transferred large sums of allegedly illicit funds for nearly two decades despite the transfers being red… Read More ›
Fish scales that would generally find their way into trash cans at restaurants or those of the fish markets is being collected by a French company. The news agency Reuters reported that the firm is turning the fish scales into… Read More ›
According to reports citing two documents of the European Union, new rules within four years are being planned to be introduced in the single currency market that will allow making of cross-border payments quicker and cheaper by the use of… Read More ›
Going by an analysis of a model created by the European Commission, carbon costs for Europe’s businesses is likely to double this decade under EU plans to deliver steep emissions cuts by 2030. On Thursday, the European Commission laid out… Read More ›
According to a research report, investment flows between the United States and China touched its nine-year nadir during the first half of 2020 due to increasing Chinese belligerence-induced tensions which could see more Chinese companies come under U.S. pressure to… Read More ›
After being shut down for about a year, the iconic travel operator Thomas Cook is back but with a different business model. On Wednesday, the British tour operator re-launched as an online-only venture. One year ago, the company collapsed and… Read More ›
With increasing bilateral tensions between the United States and China, the biggest tech companies from China are expanding their operations in Singapore. It has been reported that their presence in the city state is being increased by Tencent and… Read More ›
In a significant development, the World Trade Organization found that U.S. trade tariffs on China were in breach of global trading rules. In a statement, the Trump administration said, its more than $200 billion trade tariffs on China was justified… Read More ›
The biggest corporate polluters of the world should support strategies that are aimed to reach net-zero emissions, demanded a group that represents investors that collectively manage more than $47tn in assets. The group said that if the demand is not… Read More ›
According to the European Central Bank President Christine Lagarde, it is important for the various governments of the euro zone to continue to spend heavily in order to engineer a revival of the region’s economy from the historic recession that… Read More ›
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