According to a declaration by the United Nation’s Environment Programme (UNEP), the last remaining stocks of leaded petrol have been used by completely last month – eliminating the high pollution causing fossil fuel. This was achieved after the UNEP campaigning… Read More ›
Geopolitics
The Delta Variant And Supply Chain Issues Slow Down Growth In China In August
With China trying to tackle a surge in Covid-19 cases and grappled with the ongoing shipping crisis, the economy of the country slowed down in August. An official survey denoting manufacturing activity dropped to 50.1 in August compared to 50.4… Read More ›
UK Germany, Netherlands agree on common G7 approach on Taliban
In a statement British Prime Minister Boris Johnson’s office said, Prime Minister Boris Johnson and German Chancellor Angela Merkel have discussed the situation in Afghanistan and agreed on the need for a common approach by the G7 as well as… Read More ›
Musk Reportedly Expresses Competition Concern Over Nvidia-Arm Deal
The planned acquisition of the British semiconductor designing company Arm by Nvidia Corp could present competition issues, indicated Tesla chief executive Elon Musk, according to a report published by the Telegraph reported on Saturday. The report stated that opposition to… Read More ›
China Considering New Laws To Ban Chinese Firms With Sensitive Data From US Listing
Chinese authorities are trying to formulate new regulations that would prevent domestic internet based companies from getting publicly listed in the United States, said a report published by The Wall Street Journal on Friday. The Journal reported, citing people familiar… Read More ›
World Bank Temporarily Stops Aid To Afghanistan Following Taliban Takeover
Following the seizure of political power in Afghanistan by the Taliban, funding for projects in the country has been frozen by the World Bank. According to a statement published by the global agency about the halting of the funding, the… Read More ›
July Car Production In UK Hit Lowest Level Since 1956
Car manufacturing in the United Kingdom declined in July to its lowest for the month for the entire industry since 1956, showed data available from a trade group. There was a 37.6 per cent year on year drop in cars… Read More ›
‘Normal Communication’ Being Maintained With US On Trade, Claims China
“Normal communication” with the United States is being maintained by China on the issue of trade, the Chinese government said on Thursday. This is one of the very few areas where the two largest economies of the world have not… Read More ›
Asia’s Economic Recovery Stumbles On Fresh Covid-19 Outbreaks
A surge in Covid-19 infections in Asian countries has forced imposition of restrictions again resulting in shops going empty again and factories being forced to close down temporarily which has resulted in loss of momentum in the robust economic recovery… Read More ›
Euro Zone Business Activity Growth Increased Further In August
There was further strength in business activity in the euro zone in August with only a slight decline from tee July number which was a two decade high for any month as more companies and businesses were able to reopen… Read More ›