In a development that sees India playing a larger role towards mitigating threats from the coronavirus that emerged from Wuhan, China, the Serum Institute of India (SII), the world’s biggest vaccine maker has signed a supply deal with Saudi Arabia… Read More ›
HR & Organization
New Zealand upgrades FTA with China
In a development that sees China leveraging its trade leverage against a former five eye country, Beijing has signed a free trade agreement with New Zealand allowing the island nation export opportunities to the China’s market where state-backed have an… Read More ›
Robert Hale of U.S. hedge fund ValueAct Capital nominated as outside director at Japanese chip and display material maker JSR Corp
In a statement, Japanese chip and display materials maker JSR Corp stated, it would nominate Robert Hale, a partner at U.S. hedge fund ValueAct Capital, to be an outside director. In early 2020, ValueAct Capital became a major shareholder in… Read More ›
Outbreak of COVID-19 variant in northern China will impact industrial production
On Tuesday, alleviating industry concerns that the new variant of the coronavirus disease that has been surging in northern China, Huang Libin, an official from China’s Ministry of Industry and Information Technology said, the outbreak will have an impact on… Read More ›
ECB sets up climate change centre to implement climate issues into monetary policy and banking supervision
On Monday, Christine Lagarde, President of the European Central Bank said, the bank is setting up a climate change centre to coordinate its thinking on how to best incorporate climate issues into monetary policy and banking supervision. “We are now… Read More ›
Low acreage acquisition by energy giants likely to lead supply side gap during the second half of the decade
With coronavirus inducing economic lockdowns around the globe, there has been a sharp decline in energy prices last year according to data, as a result top oil companies have significantly reduced their search for new fossil fuel resources, triggered massive… Read More ›
Non-performing assets rise by more than 50%, Chinese banks write-off $466.6 billion in 2020
On Friday, in a statement, China’s top banking and insurance regulator said, the sector has written off $466.6 billion (3.02 trillion yuan) in non-performing assets in 2020, up by more than 50% from a year ago. At the end of… Read More ›
Senate should approve Biden Administration’s push for U.S. rejoining Paris Agreement: Republicans
With U.S. President Joe Biden signing an executive order which sees the United States rejoining the Paris climate agreement, a group of Republican senators called on him to submit his plan to re-engage the United States in the landmark accord…. Read More ›
UAE signs deal with US to buy 50 F-35 fighter planes, 18 armed drones
According to sources familiar with the situation, the United Arab Emirates has signed a deal with the United States to buy 50 F-35 fighter jets and up to 18 armed drones. Both countries were working to ink the deal before… Read More ›
EU member states empowered to non-EU passengers from entering country, part of German proposal to contain COVID-19
On Thursday, according to a report from the Times newspaper, a German proposal could see European governments allowing a ban on all UK residents from entering their respective countries along with cutting off all passenger transport links with Britain. The… Read More ›