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 ›
Entrepreneurship
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 ›
UK based equity funds sees $8.6 billion inflows
On Tuesday, in a statement fund network Calastone said, UK-based equity funds recorded inflows totaling to $8.6 billion (6.2 billion pounds) during the second quarter. Incidentally, funds focused on environmental, social and governance (ESG) issues have grossed 50% of net… Read More ›
Novo Nordisk acquires Prothena Corp’s experimental heart therapy PRX004
In a joint statement Danish drugmaker Novo Nordisk and U.S. drug developer Prothena Corp said, the former will acquire the latter’s experimental heart therapy PRX004, in a deal that could be worth up to $1.23 billion. Novo’s acquisition is in… Read More ›
Virgin Galactic’s First Successful Space Flight’ Owner Branson Participates
The space flight venture that was started by British billionaire Richard Branson achieved a symbolic milestone on Sunday as his Virgin Galactic rocket plane safely returned to the Earth after soaring more than 50 miles above the New Mexico desert… Read More ›
Vietnam’s domestic car manufacturer Vinfast opens offices in Europe, North America
On Monday, Vietnam’s domestic car manufacturer Vinfast said, it has opened offices in Europe and in North America. The development marks the company joining a crowded sector as it tries to woo customers with smart electric cars. VinFast, a unit… Read More ›