More than 150 companies and organizations, including major oil companies and port authorities, called Wednesday for global shipping to be completely decarbonized by 2050. They urged governments to take urgent action as the time was short. Global shipping is responsible… Read More ›
Sorare, a blockchain-based fantasy soccer game, raised$680 million in a funding round that was led by Japan’s investing conglomerate SoftBank. Players who invested in the fantasy game firm included ex-England international Rio Ferdinand as well as Gerard Pique from Spain… Read More ›
While providing hope that the current global supply shortage of semiconductors for the auto industry will stabilize, according to General Motors Co.’s president the rate of stabilization of supply will be at levels much lower than what the auto industry… Read More ›
India’s plans to tighten regulations on its rapidly growing e-commerce market have run into internal government dissent. According to a report published by the news agency Reuters based on memos of the government seen by it, the Ministry of Finance… Read More ›
On Wednesday, the European Union proposed to change the capital rules of the bloc for insurers to release 120 billion euro ($141 billion) to repair an economy damaged by COVID. This will allow for climate goals and help policyholder protection… Read More ›
In a report, pro-Iranian Lebanese TV channel Al Mayadeen said, Hezbollah has arranged for a convoy of diesel tankers from Iran, which has crossed the Syrian border and is moving towards Lebanon. Hezbollah, a UN designated terrorist organisation said, the… Read More ›
In a statement Turkish President Tayyip Erdogan said, the Paris climate agreement would be presented to the Turkish parliament for approval next month. If Turkey ratifies the deal, it would make it the last G20 country to do so. “Following… Read More ›
The 1918 influenza pandemic, described by experts as “the deadliest in human history”, had killed at least 50 million people worldwide, noted the Centers for Disease Control and Prevention. That is equivalent to 200 million in terms of present day’s… Read More ›
According to a report published by consultancy services firm Rystad Energy, there will likely be a 50 per cent drop in demand for oil refining capacity of the world by 2050 because of the efforts across the world to shift… Read More ›
In a statement, the office of British Prime Minister Boris Johnson said, he has discussed issues of taxation with Amazon’s founder Jeff Bezos in New York. “The prime minister raised the issue of taxation, and hoped progress could be [made] in… Read More ›
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