On Friday, a journalists from Bloomberg tweeted citing a Bloomberg report saying, China, the world’s second largest economy, has decided not to set an economic growth target for 2020 due to global uncertainties stemming from the coronavirus pandemic. Bloomberg News… Read More ›
Economy & Finance
ECB’s New Guidelines For Banks To Assess And Disclose Their Climate Risk Exposure
Banks in Europe will be asked to assess and then disclose the climate related risks of their lending portfolio by European Central Bank (ECB). This measure by the central bank of the European Union could also prompt EU based banks… Read More ›
New YouGov Report Paints Worse Than Thought Picture Of UK Gambling Addiction
A new research work in the United Kingdom has warned that the rate of gambling addiction could be much higher in the country than believed previously. The report also claimed that almost half of the people who have developed the… Read More ›
Australia’s ioneer Ltd wins two boric acid supply contracts for flagship U.S. project
On Thursday, Australia’s ioneer Ltd stated, it has won two contracts for the distribution and sales of boric acid from its flagship Nevada-based U.S. project. The contracts with Kintamani Resources and Bangladesh-based Boron Bazar, will each be valid for three… Read More ›
Asset managers lending to short sellers compatible with ESG investing: Survey
On Thursday, an industry body stated, asset managers lending out of their securities is compliant and compatible with principles government investment on environmental, social and governance (ESG). It is now in the process of drawing up guidelines. A survey by… Read More ›
US Could Permanently Halt WHO Funding And Review Membership, Threatens Trump
If the World Health Organization (WHO) did not commit to improvements within 30 days, all funding of the world body by the United States will be halted permanently, warned US President Donald Trump on Monday. Trump also threatened that he… Read More ›
Virus Pandemic Widens Gap In Focus Of Oil Majors In The Europe And The US Towards Clean Energy
A review conducted by Reuters on companies in the oil and gas sector has revealed that Europe’s top oil and gas companies believe that the novel coronavirus induced global health crisis will have a long-term drop in fossil fuel demand… Read More ›
Australia sees employment levels increase, wages start to recover
On Tuesday, data from Australia’s Bureau of Statistics (ABS) showed, job losses stemming from the Wuhan coronavirus in the country have started to slow down in the last couple of weeks while wages, supported by the government support program, continued… Read More ›
Starbucks reopens many stores in Japan
On Tuesday, in a statement Starbucks Coffee Japan said, it is reopening many of its stores in Japan, including those located in Tokyo. Many stores however will be limited to take-out and drive-through services. Starbucks has nearly 1,550 stores in… Read More ›
Nasdaq to heighten IPO listing transparency, place minimum value on size of IPO
According to sources familiar with the matter at hand, Nasdaq Inc is set to unveil stricter regulations on initial public offerings (IPOs). The move is aimed at bringing increased transparency, especially for some Chinese companies, who want to debut on… Read More ›