In what was a rare piece of good news for job seekers amidst the severely hit global economy because of the novel coronavirus pandemic, German based supermarket chain Aldi announced its plans to hire 1,200 new employees during the rest… Read More ›
Economy & Finance
Dozens Of British Firms Pledge Increase Workforce Diversity And Black Staff
Dozens of British businesses, including names such as Barclays and Deloitte will be hiring black employees to increase diversity within their workforce. A commitment to this effect was made by the businesses in an open letter. In the letter the… Read More ›
Chinese banks weighing alternative to SWIFT, as U.S. legislative action looms
In a significant development, a report from the investment banking unit of China’s central bank states, Beijing should be ready for potential U.S. by being less dependent on SWIFT and instead use its own financial messaging network for cross-border transactions… Read More ›
New Travel Curbs Around The Globe World Forced By Resurgence Of Cvoid-19 Infections
As the world braced for a possible second wave of Covid-19 infections, new travel restrictions were imposed in countries in Asia on Monday, while Europe’s summer reopening was thrown into disarray after a sudden directive on travelers from Spain imposed… Read More ›
France to launch ‘railway highway’ in push to reduce carbon footprint and greener economy
In an effort to reduce France’s carbon footprint, French prime minister Jean Castex vowed to develop “railway highways” to transport food and other goods which have traditionally been transported by trucks. The “fresh food train” linking the main wholesale market… Read More ›
Rare earth producer Lynas Corp signs rare earth contract with DoD
On Monday, rare earth producer Lynas Corp stated, it has signed a contract with the U.S. Department of Defense to begin initial design preparations for its heavy rare earth separation facility in Texas. The Pentagon is providing initial funding for… Read More ›
China’s stockpiles record 53.18 million tonnes of crude oil June 2020
On Sunday, data from the General Administration of Customs showed, China’s import of crude oil from Saudi Arabia in June 2020, soared by 15% from a year ago with Beijing import record amounts of the fuel when prices are low…. Read More ›
TikTok Hiring People From Google And Facebook In Its Aggressive Expansion Strategy
The Chinese owned video sharing app TikTok plans to increase the size of its global workforce and has been trying to woo employees from United State based tech companies form their offices in America as well as in Europe. The… Read More ›
Denouncing WHO-led Alliance, EU Aims Covid-19 Vaccines At Less Than $40: Reuters
Purchasing of Covid-19 vaccines through an initiative co-led by the World Health Organisation has been rejected by the European Union because that process is slow and of high cost, said a report published by the news agency Reuters quoting two… Read More ›
New Study Predicts 1.3 Billion Tons Of Plastic Waste By 2040 Even With Global Action
A latest research by a group of scientists who have developed a new computer model which enables them to track the flow of global plastic pollution has claimed that over the next two decades, if there is no widespread intervention,… Read More ›