According to the head of global airline body IATA, the global airlines will be prompted to raise its own environmental goals because of increasing backlash of activists and investors of oil majors against the companies’ ‘green’ shift which is seen… Read More ›
The State of Finance for Nature Report suggested that the world needs to triple its investment in nature-based solutions by 2030 while increasing them by four times by 2050 to avoid irreversible damage to economies, the planet and humanity itself… Read More ›
In a significant development U.S. President Joe Biden has proposed a hike of 11% in budgetary funding for the Federal Trade Commission and the Justice Department’s Antitrust Division, both of which have filed major lawsuits against big tech companies in… Read More ›
On Friday, antitrust regulators from the European Union levied a fine of $7.9 million (6.45 million euros) on the world’s largest interdealer broker ICAP for taking part in several yen interest rate derivatives cartels. In 2015, although the European Commission… Read More ›
Following a lunchtime sit-in protest on Thursday staged by the workers of its car plant in India’s southern state of Tamil Nadu, Ford Motor Co said it will halt production at the facility. The workers have been protesting to get… Read More ›
On Friday, in a statement, Germany’s Economy and Transport ministries stated, Berlin will invest more than $9.74 billion (8 billion euros) in large scale hydrogen projects, in an effort to scale up hydrogen as an alternative to polluting fossil fuels… Read More ›
A Massachusetts judge has rejected Robinhood’s bid to block state regulators from going ahead with enforcing their legal action on allegations that it encourages inexperienced investors to place risky trades without limits. In a ruling Suffolk County Superior Court Judge… Read More ›
A filing by SoftBank Group Corp shows, the company’s borrowings from banks have jumped by 42% in the year ending on March 31, with the increase shouldered by foreign lenders. Borrowing from SoftBank Group’s primary lenders shot up to $46… Read More ›
British Prime Minister Boris Johnson is weighing options which includes a plan for imposing carbon tax on imports from polluting industries in am aim to protect British farmers from foreign rivals. The proposal which initially was targeted at heavy industry,… Read More ›
In a statement social media giant Facebook Inc said, it will resume making donations to U.S. lawmakers but will not support 147 lawmakers who voted against U.S. President Joe Biden’s electoral certification in January. Pending a review of the January… Read More ›
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