Turkey has become the last G20 country to ratify the Paris climate agreement, after holding off for years over perceptions of injustices in its responsibilities as part of the agreement. Although Turkey has been a signatory to the Paris agreement… Read More ›
On Wednesday, New Zealand’s central bank said, it has hiked interest rates for the first time in seven years while signalling further tightening in the coming days in an effort to cool inflationary pressures. The 25 basis point rate hike… Read More ›
In a statement General Motors Co said, it will open a battery cell development center in Michigan in an effort to bring down the cost of lithium ion and solid state batteries and boost the driving range of electric vehicles. The… Read More ›
In a significant development, following the wrapping up of the first meeting of global airlines, the International Air Transport Association (IATA), said confusion over air travel restrictions is holding back the sector’s fragile recovery from the Coronavirus-induced COVID-19 pandemic which… Read More ›
In a statement the U.S. Trade Representative’s office said, it is seeking public comments on plans to revive a targeted tariff exclusion process on Chinese imports with the aim to reinstate previously extended exclusions on 549 import product categories. It… Read More ›
According to an analyst from RBC Capital Markets, privacy changes in Apple’s iPhones signals that the tech giant may expand into the internet advertising market dominated by Facebook and Google. An update in April on most iPhones allow users to decide… Read More ›
On Sunday, a massive leak of financial documents was published by several major news organizations shedding light on how some of the world’s leaders, including Czech Prime Minister Andrej Babis, Jordan’s King Abdullah and Russian President Vladimir Putin, have stashed… Read More ›
In a statement Lufthansa said, it has agreed to lease four new Airbus A350-900 long-haul passenger jets in a move aimed at restructuring its balance sheet midst the coronavirus-induced COVID-19 pandemic. “Airplanes are currently available at low lease rates as carriers… Read More ›
As part of an overhaul of its taxation regime, Austria will implement a carbon levy of 30 euros per tonne said government officials while adding, the move is aimed at rewarding behaviour that helps protect the environment while cutting corporate… Read More ›
On Friday, in a statement Australian Minister for Trade Dan Tehan said, trade talks with the European Union have been postponed. The development comes in the wake of Canberra deciding to cancel a $40 billion submarine deal with France. Last… Read More ›
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