The European Union rejected a demand by Britain that the deal that was signed just about a year ago between the UK and the EU and one that oversees the problematic post-Brexit trade involving Northern Ireland should be rewritten. … Read More ›
Regulations & Legal
Bitcoin Drops Below $30,000, Global Crypto Market Loses Nearly $90 Billion In 24 Hrs
The global cryptocurrency market saw almost $89 billion being wiped off in 24 hours on Tuesday, according to CoinMarketCap data, as the value of most digital coins being dragged down by bitcoin which dropped below $30,000 for the first time… Read More ›
China’s real estate market in the doldrums
On Tuesday, for a second day in a row, shares and bonds in China Evergrande, Beijing’s most indebted developer, plunged downwards following the suspension of sales of its two real estate projects by local authorities, which highlighted worries over its… Read More ›
Pakistan Implements Measures To Make Cryptocurrency Boom Under Regulation
There has been a boom in trading and mining cryptocurrency in recent times in Pakistan with thousands of views of relate videos on social media as well as transactions on online exchanges showing the growing interest in the country. The… Read More ›
Women Account For 1/3 Of British Financial Service Firm Boards, Says Report
There has been a significant improvement in the proportion of women on the board of listed financial companies in Britain over the last five years since the government initiated an initiative to improve gender balance in the sector. A report… Read More ›
Air cargo PT My Indo Airlines files lawsuit against carrier Garuda Indonesia over debt repayment
In a statement Indonesian carrier Garuda Indonesia said, air cargo firm PT My Indo Airlines has filed a lawsuit against it over failure to repay a debt. The court proposal had no immediate impact to Garuda’s operations, the company said… Read More ›
Italian luxury group Ermenegildo Zegna goes public through SPAC, $3.2 billion
Italian luxury group Ermenegildo Zegna has agreed for a market listing in New York this year by merging itself with a U.S. special-purpose acquisition company (SPAC) in a deal that gives the Italian company a market value of $3.2 billion…. Read More ›
Football Association needs independent oversight: British ministers
Following security failings at Wembley along with the disorder at the Euro 2020 final between England and Italy, British ministers have called for independent oversight of Football Association (FA). The final match, won by Italy in a penalty shootout, was… Read More ›
Greenland Stops Its 50-Year Unsuccessful Effort To Produce Oil
Greenland has recently announced that it would be suspending a strategy of searching for oil and would stop any further issuing of exploration licences which effectively brought an end to a 50-year old ambition of the country to become an… Read More ›
IEA Says More Fossil Fuel Burning Required To Meet Growing Electricity Demand
A report published by the International Energy Agency (IEA) recently said that the growth rate in the demand for electricity globally was faster than the growth and roll out of renewable renewable energy capacity and therefore the gap will has… Read More ›
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