A project aimed to protect the tropical forests of the world was launched this week by the United States, Norway and Britain in partnership with large global companies including Amazon and Nestle. The public-private project has set a target of… Read More ›
A change in tax rules – which essentially will hike taxes on the wealthiest Americans, will reportedly be proposed by the United States President Joe Biden, many reports have claimed. According to the new tax proposal, the top marginal rate… Read More ›
The huge rise in demand for personal computers prompted Intel Corp to raise its annual sales outlook for the current year on Thursday. However its forecast for the second quarter profits was lower than expectations of the market as the… Read More ›
The rising infections of Covid-19 in Japan has forced authorities in the country to cancel the very well known Tokyo Motor for the first time in the 67 year history of the event, Cancellation of this event comes at a… Read More ›
Following severe criticism by green groups of the Taiwanese government of not doing enough to fight climate change, Taiwan has started a process of making an assessment of how it can achieve a target of zero emissions by 2050. This… Read More ›
The already strained relations between Australia and China degraded further after Australia scrapped agreements linked to China’s Belt and Road initiative. This move has provoked anger from Beijing. The Australian federal government made use of its new powers to cancel… Read More ›
A huge investment is to be made towards fighting climate change by the largest bank of the United States. A total of $2.5 trillion over 10 years will be either financed or invested by JPMorgan Chase (JPM) to fund solutions… Read More ›
The Chinese economy reported a 18.3 per cent growth in the first quarter compared to the same period a year ago – when the economy was severely battered by the covid-19 pandemic. This is the highest quarterly growth of the… Read More ›
Its forecast for a number of Southeast Asian economies was downgraded by the International Monetary Fund even while becoming more optimistic about the fortunes of the global economy and the broader Asia-Pacific region. The five largest developing economies in Southeast… Read More ›
In a development that marks the risks of doing business in China, where Chinese rulers through courts hold absolute power, Chinese regulators have imposed a sweeping restructuring on Jack Ma’s Ant Group, in a move aimed at curbing its valuation… Read More ›
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