Pepsi and Levi Strauss, two major global brands, told investors this week that they were raising prices to offset inflation, but rising costs of everything from aluminium to cotton signal tighter times ahead for consumer goods companies. Due to global… Read More ›
In a significant development, Universal Electronics Inc, a U.S. remote-control maker said, it has struck a deal with Chinese authorities in Xinjiang to transport hundreds of Uyghur workers to its factory in Qinzhou, in the first confirmed case of a… Read More ›
On Friday, in a statement the South Korean government said, it will raise its greenhouse gas reduction target to 40%, up from 26.3%, by 2030, as part of its efforts to achieve carbon neutrality by 2050. The revision of the… Read More ›
In a statement Singapore’s Trade Minister Gan Kim Yong said, the country plans on widening its quarantine-free travel program to include fully vaccinated persons from the United States and South Korea. The development sees the financial hub attempting to cautiously… Read More ›
The European Union has agreed to back 5-year climate targets at the upcoming COP26 climate change conference in which countries will try and iron out burrs in rules which will put the Paris Agreement into effect. COP26, which is to… Read More ›
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 ›
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 ›
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 ›
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 ›
Inflation in the eurozone reached a 13-year high in September and experts and economists expect it to rise further, casting doubt on the European Central Bank’s optimistic assessment of the largest price rise since before the global financial crisis. The… Read More ›
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