A study that was conducted to ascertain the value that people in various countries attach to their personal information has shown that Facebook users of Germany would want the social media company to pay them about $8 per month against… Read More ›
Economy & Finance
Blackstone to acquire British student housing group iQ for $6 billion
In a statement, Goldman Sachs’ merchant banking unit and Wellcome Trust, a medical charity, stated they have agreed to sell iQ, a British student accommodation company to Blackstone for $6.06 billion (4.66 billion pounds). Outside of North America, Britain is… Read More ›
Trump-Modi agree to promptly conclude U.S.-India trade deal: White House
In a statement, the White House said, U.S. President Donald Trump and his counterpart Indian Prime Minister Narendra Modi have agreed to “promptly” conclude ongoing trade talks which they hope can lead to the first phase of a bilateral U.S.-India… Read More ›
JPMorgan Chase & Co to unveil climate initiatives at Investors Day today
On Tuesday, executives from JPMorgan Chase & Co plan on announcing new climate-change initiatives, which includes restrictions on drilling in the artic and financing coal mining projects along with a $200 billion target to provide financing for sustainable projects. JPMorgan… Read More ›
Global Central Bankers Examining The Economic Impact Of Coronavirus Outbreak
Soon after the novel coronavirus was detected and confirmed in China on Dec December 31, the central bankers of the world created a comforting early analysis of its impact by referring to past experiences. The bankers referred to the 2003… Read More ›
EU To Provide Level Playing Field For Its Firms To Rival US And Chinese Tech Giants
Europe is now planning to catch up with the United States and China in the area of technologies that dominated the past decade as it feels that it had been left behind in the technology race. The current aim of… Read More ›
Shell Predicts Doubling Of Demand For Liquefied Natural Gas By 2040
Royal Dutch Shell’s annual LNG Outlook report shows a 12.5 per cent rise in global demand for liquefied natural gas, or LNG, last year touching a total of 359 million tons. Shell has predicted that natural gas set to play… Read More ›
Coal Miner Glencore Promises To Reduce Carbon Emissions By 30% By 2035
While unwilling to set any form of climate targets for the company, the mining giant Glencore has claimed that it expects to reduce about 30 per cent of its carbon footprint by 2035. This, according to the company, will be… Read More ›
Japan To Conduct Trials With HIV Drug To Fight Coronavirus
Japan is facing a threat to its economy as well as for its public health system because of the growing number of cases of coronavirus infections in the country. As a measure to try and mitigate this threat, Japan is… Read More ›
EU Companies Reveal Little Data For Non-Financial Reporting, Finds New Study
Companies in the European Union are revealing very little data about what they are doing on non-financial issues such as climate change and human rights performance, claimed a new report released by the Alliance for Corporate Transparency. According to the… Read More ›
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