On Wednesday, the European Commission said, it will place before Britain a package of measures aimed at easing the transit of goods to Northern Ireland. The measures have been designed to ease customs controls, including the clearance of meat, dairy… Read More ›
Entrepreneurship
EU lawmakers back European Parliament environment committee, strengthens EU’s negotiating position in upcoming summit
Lawmakers from the European Parliament environment committee are fully backing the EU governments’ position for the COP26 climate summit, wherein countries will finalise rules to put the 2015 Paris Agreement into effect. The COP26 summit, will run from October 31… Read More ›
American Airlines expects smaller than expected adjusted loss for Q3
In a statement American Airlines said, it expects a smaller-than-expected adjusted loss for the third quarter and improved performance for the remaining part of this financial year following increased holiday demand midst lifting of travel bans. While earlier U.S. carriers had… Read More ›
Honda Aircraft Co rolls out plans for fuel efficient business jet
In a significant development, Honda Aircraft Co has rolled out plans for a new light business jet that can fly non-stop across the United States. The development comes at a time when there is skyrocketing demand for private travel. Honda… Read More ›
Qualcomm Inc announces $10 billion stock buyback with immediate effect
In a statement Qualcomm Inc said, it will undertake a stock buyback program worth $10 billion with immediate effect. The stock buyback is in addition to its earlier announcement in July 2018, wherein it had said it will further repurchase its… Read More ›
Thailand opens up tourism sector for vaccinated visitors from low risk countries
On Tuesday, shares of Thailand’s airlines and hotels rose in early morning trade, following an announcement by the prime minister that from November more vaccinated tourists would be allowed to visit the country. Late on Monda, Prayuth Chan-ocha said mandatory quarantine… Read More ›
Britain boosts naval presence in Asia, midst rising tensions
In a significant development, Britain’s new aircraft carrier the HMS Queen Elizabeth made a pit stop in Singapore as part of a move to boost Britain’s military presence in Asia midst rising tensions in the region. The aircraft carrier led… Read More ›
Emmanuel Macron unveils $35 billion investment plan as part of France 2030 vision plan
On Tuesday, French President Emmanuel Macron unveiled a five-year, $35 billion (30 billion euro) investment plan aimed at providing much needed support to champions of domestic industry and to support innovation. “We must wage the battle of innovation and industrialisation… Read More ›
France, Germany, Ukraine and Russia agree to foreign minister meeting to resolve conflict in Ukraine
In a statement the German Government said, French President Emmanuel Macron and German Chancellor Angela Merkel have had phone calls with their equivalent in Russia and Ukraine and discussed the conflict in Ukraine. All four leaders agreed that their foreign… Read More ›
Unreliable power supply haunts Chinese industries
In signs of a worsening power crisis in China, the country’s largest provincial economy warned of worsening power shortages despite Beijing’s best efforts to boost coal supply and boost electricity production. According to analysts, China’s power crisis is expected to… Read More ›