In a statement FTSE said, China’s Didi Global Inc will be added to its global equity indexes on July 8 following its U.S. stock market debut. In a statement FTSE said, Didi’s shares will be included in the FTSE All-World… Read More ›
Regulations & Legal
With Growing Online Shopping, The Challenge Of Last-Mile Delivery Being Faced By Retailers
Consumers are trying to avoid crowds because of the pandemic and consequently they are flocking online to shop. But actually getting the products that they purchase at hand can become a challenge. According to James Root, senior partner and chairman… Read More ›
UN Report Forecasts International Tourism Not To Rebound Until 2023
A new study by the United Nations released on Wednesday forecast that there will be a stagnation in international tourism arrivals this year, except in some Western markets. That would result in losses of up to $2.4 trillion. The report… Read More ›
Financial group creating new reporting standards to gauge social and environmental impacts of financing
On Wednesday, a group of banks, including Singapore’s DBS and UBS announced plans to create a new way of measuring the impact of environmental and social financing. The group, called Banking for Impact, also includes ABN Amro and Danske Bank;… Read More ›
China’s PMI for June slips, exporters face unexpected pandemic induced challenges
In June, the pace of Chinese factory activity expanded at a moderate pace following an increase in prices of raw materials and disruptions in its export province of Guangdong which affected business activity. China’s official manufacturing Purchasing Manager’s Index (PMI)… Read More ›
Policymakers Face ‘Daunting Challenges’ Due To Uneven Global Recovery, BIS Says
The Bank for International Settlement (BIS)’s annual report claimed on Tuesday that policy makers would find it dauntingly challenging to recalibrate the fiscal and monetary stimulus because of an uneven global recovery from the Ccovid-19 crisis. The BIS predicted its… Read More ›
Chinese Consumers Costs Will Not Be Impacted By Surge In Producer Prices, Says JPMorgan
Costs for Chinese consumers are likely not to experience a surge despite a recent increase in producer prices in the country, according to JPMorgan Private Bank’s Alex Wolf. “We don’t see (producer inflation) really going into consumer prices. They’ve risen… Read More ›
Calls For Reparations Over Racism Given By UNHRC Chief
A call for global action, including that of reparations to “make amends” of racism against people of African descent, was given by the United Nations Human Rights Council (UNHRC) in a new report. The new UNHRC report also urged governments… Read More ›
Britain publishes carbon permits for aircraft operators from 2021-2025
In a statement the British government said, it has published a list of the number of free UK carbon permits each aircraft operator will receive from 2021-2025 under its domestic emissions trading system (ETS). The ETS is a method of… Read More ›
Washington eyeing stable, profitable relation with Moscow
In an interview to Italian daily La Repubblica, US Secretary of State Antony Blinken said, Washington hopes for a more stable and profitable relationship with Moscow, however, if the latter continues to “attack”, Washington will be forced to respond. “If… Read More ›
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