The alternate meat maker Quorn will become the first major brand that will display the carbon labels on its products. The company said that this effort by it was aimed to help customers to better understand the environmental implications of… Read More ›
Economy & Finance
U.S. International Development Finance Corporation eyeing multi-billion investments in Indonesia
On Friday, Adam Boehler, the Chief Executive Officer of U.S. International Development Finance Corporation (DFC), a newly established development financier stated, it is eyeing multi-billion dollar investments in Indonesia in the next two months. Luhut Pandjaitan, Indonesia’s coordinating minister for… Read More ›
Australian Bushfires Could Cost At $2 Billion To The Economy So Far
More than $2 billion has been the loss to the Australian economy because of the v that the country has experienced this summer. And the fire season is yet to get over. There are concerns being expressed by economists that… Read More ›
As Samsung Boss Faces Bribery Trial, The Group Sets Up A Anti-Corruption Panel
External experts have been appointed to a new oversight panel to stamp out criminal conduct by South Korea’s Samsung Group even as its corporate leader is set to face a trial in relation a bribery scandal involving former president Park… Read More ›
Warning On 2020 Global Growth Issued By World Bank
The World Bank has said that if everything goes just right, there can be a modest rebound this year in the global economy after its weakest performance in 2018 since the global financial crisis. The global financial body has identified… Read More ›
Easy access cash savings products needs overhaul: Britain’s Financial Conduct Authority
On Thursday, in a move that is likely to bump up interest rates for consumers, Britain’s markets watchdog has proposed a single interest rate for cash savings products. The Financial Conduct Authority (FCA) stated, competition in cash savings products needs… Read More ›
Chinese Vice Premier Liu Hu to visit Washington next week for signing Phase 1 trade deal
On Thursday, China’s commerce ministry stated, Vice Premier Liu He, who heads China’s negotiation team in the U.S.-China trade talks, will be visiting Washington next week to sign the “Phase 1” trade agreement. Liu’s Washington visit will be for the… Read More ›
Hard Brexit or no-deal Brexit would either way damage the economy: Klaas Knot
On Wednesday, Klaas Knot, governor of Netherland’s central bank, who also sits on the European Central Bank’s Governing Council stated, in the event of a hard Brexit in 2020, the damage to the economy would be as great had Britain… Read More ›
Boeing Contemplates Increasing Debt Because Of The 737 Max Crisis: WSJ
According to a report published in the Wall Street Journal on Monday, following the grounding of its 737 Max jets, Boeing is reportedly contemplating for raising more debt for financing its activities. The report cited sources who were familiar with… Read More ›
Flight schedule of Air France not affected by Jan. 6 & Jan.7 strike
In a statement, Air France said, its flight schedule for January 6 and January 7 will not be affected by the calls for strike by some crew unions. The French government has initiated reforms in the nation’s pension system. “On… Read More ›