On Thursday, in a statement Netflix Inc said, it has hired a former Facebook executive to lead its video games unit. The development comes at a time when the company is ramping up its efforts to grow beyond its traditional… Read More ›
Entrepreneurship
Singapore’s Economy Records Massive Q2 Growth As It Rebounds From Covid-19 Hit
The 2021 second quarter economic growth for Singapore was the strongest in 11 years as the economy the city state rebounded from its worst economic downturn last year because of the Covid-19 pandemic hit. There was a 14.3 per cent… Read More ›
Abu Dhabi’s Yahsat to launch new satellite for advanced data services
In a statement the CEO of Yahsat, the newly listed satellite company that is partly owned by Mubadala, Abu Dhabi’s state investor, plans to launch a new satellite in two years, aimed at introducing advanced data services to its clients… Read More ›
FCC unanimously votes to replace Huawei, ZTE telecom equipment from US communications networks
In a significant development, the U.S. Federal Communications Commission (FCC) unanimously voted to finalize a $1.9 billion program to reimburse mostly rural U.S. carriers by replacing Huawei’s and ZTE Corp’s equipment as they are seen as posing national security threats…. Read More ›
Joby Aviation, Signature Flight Support and JetBlue Airways Corp team up to develop aviation carbon credits
In a statement electric air taxi startup Joby Aviation, Signature Flight Support and JetBlue Airways Corp said, they are partnering to develop aviation carbon credits for using electric and hydrogen propulsion technologies. The move, aligned with the U.S. aviation industry’s… Read More ›
Britain to ban new petrol and diesel heavy goods vehicles from 2035
Britain plans on banning the sale of new petrol and diesel heavy good vehicles from 2040 as part of a broader move towards achieving net zero emissions from all forms of transports. British Prime Minister Boris Johnson’s government is seeking… Read More ›
China to launch national carbon emission trading scheme on July 16
On Wednesday, two people with knowledge of the matter at hand said, China plans on hosting a launching ceremony for its national carbon emission trading scheme (ETS) on July 16. The ETS will involve some 2,225 power plants across China,… Read More ›
More High Profile Firms Expected To Go Public In Second Half Of 2021
A number of anticipated and high-profile companies went public at the stock exchange during the first half of 2021 and included names such as Coinbase, Bumble, Oatly, SoFi and Roblox. And analysts expect even more buzzy unicorns to get listed… Read More ›
Spain invests $5.11 billion towards manufacturing of electric vehicles
According to a presentation by the Spanish government, Madrid is set to invest $5.11 billion (4.3 billion euros) in the production of electric vehicles as part of a major national spending program financed mostly by European Union recovery funds. The… Read More ›
US companies face increased legal risks if their supply chains are implicated to forced labour camps in Xinjiang
On Tuesday, in a report the Financial Times said, the U.S. government is slated to companies of heightened risks in operating in Hong Kong; it is also scheduled to update a previously issued warning on Xinjiang. The report draws attention… Read More ›
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