While the pledge to phase out coal gained the support of 23 more countries at the U.N. climate conference in Glasgow, big users of coal, the dirtiest of fuels, shunned the move. The COP26 summit aims to find ways to… Read More ›
Entrepreneurship
Merck & Co Inc and Ridgeback Biotherapeutics creates game changing COVID19 antiviral pill
Britain has become the first country in the world to approve a potential game-changing COVID-19 antiviral pill, which was jointly developed by US based Merck & Co Inc and Ridgeback Biotherapeutics, in its effort to fight the Wuhan Coronavirus. Britain’s Medicines… Read More ›
StanChart Q3 profit doubles as bad loans shrink
Standard Chartered posted a higher-than-expected quarterly pre-tax profit on fewer loan impairment costs on Tuesday, as the developing markets-focused lender benefited from a recovery in pandemic-affected areas. Statutory pretax profit for the bank, which generates the majority of its business… Read More ›
Its US IPO Could Value EV Startup Rivian Nearly As Much As Honda
Rivian Automotive Inc, funded by Amazon.com Inc, is aiming for a value of more than $53 billion for its U.S. debut, putting the electric car maker on par with competitor Honda Motor. The business is aiming to raise up to… Read More ›
Federal Aviation Administration issues special bulletin on interference of 5G with aircraft avionics
In a statement the Federal Aviation Administration said, it had issued a special information bulletin alerting operators, manufacturers, and pilots that action may be required to address potential interference issues from the usage of 5G telecommunications technology from sensitive aircraft electronics. With… Read More ›
Will strengthen personal data protection in fintech sector: PBOC Governor
In a statement on Wednesday, Yi Gang, the Governor of China’s central bank, the People’s Bank of China, said, Beijing will strengthen personal protections in the financial technology sector to curb unauthorised data collection and abuses. Beijing aims to provide… Read More ›
$100 billion climate financing pledge by developed countries inches closer after Japan’s $10 billion commitment
In a statement US climate envoy John Kerry said, developed countries have pledged a total of $100 billion towards climate financing following new commitments made by Japan. In 2009 developed countries had pledged to provide $100 billion by 2020 to… Read More ›
Congress should build regulatory regime for stablecoins: President’s Working Group on Financial Markets
In a significant development a U.S. Treasury Department-led regulatory body has called on the US Congress to regulate issuers of “stablecoins” saying like other financial institutions these fast-growing digital assets should be monitored before they pose any systemic risk in… Read More ›
Ethiopia may lose duty free exports status to the US following widespread human rights abuses
With the United States weighing options which include suspending Ethiopia’s duty-free market status, citing abuses and a growing famine in the war-torn Tigray region, thousands of Ethiopians, whose income depend on the export of shawls stitched by them are at… Read More ›
Chinese Health Official Says Rapid Development Of Current Covid-19 Outbreak In The Country
The current Covid-19 pandemic in China is spreading quickly, claimed reports quoting information from a health official of the country, as officials urge increased monitoring at border crossings amid rising cases in a northeastern border city caused by the virus… Read More ›
manageria.biz 