The banning of hauliers carrying freight across the English Channel amid fears over the new coronavirus strain by France could result in shortages of lettuce, broccoli and citrus fruit during the festive seasons, the grocery giant Sainsbury’s has warned. Even… Read More ›
Regulations & Legal
Scotland Generated Renewable Energy Enough To Meet 90% Of Electricity Demand
Latest figures show that last year, enough electricity from renewable sources was generated in Scotland which was enough to meet about 90.1 per cent of the total energy consumption. There was an increase of 13.4 per cent in electricity generated… Read More ›
$11.7 Billion Raised Via US IPOs This Year By China-Based Firms, The Highest Since 2014
Despite tensions between the United States and China, investors of the US stock markets showed affinity for Chinese companies and which reached a six year high in 2020. According to a recent report from Renaissance Capital, so far this year,… Read More ›
Questions About Converting ‘Large Transactions’ To Bitcoin Asked By Tesla’s Elon Musk
Founder and chief of the United States based electric car maker Tesla’s Elon Musk inquire about the possibility of transforming the “large transactions” of Tesla Inc’s balance sheet into bitcoin as reported by the media based on a Twitter exchange… Read More ›
Companies that do not comply to U.S. auditing standards will be debarred from U.S. Stock Exchanges
On Monday, in a statement China said it firmly opposes U.S. President Donald Trump’s bill that would remove any Chinese companies from U.S. stock exchanges unless they adhere to U.S. auditing standards. Chinese companies have tapped the lucrative U.S. stock… Read More ›
Chinese Official Suggests Bank Tie-Ups With Fintech Platforms Could Be Restricted By Beijing
A restriction on the number of banks that a single fintech platform can partner with could be imposed by Chinese authorities, said the country’s former finance minister Lou Jiwei. That measure could be taken up to not allow any such… Read More ›
A No-Mask Selfie Fine Of $3,500 Slapped On Chile’s President Sebastián Piñera
A fine of $3,500 was imposed on the president of Chile, Sebastián Piñera, for charges of posing and posting a selfie without a facemask on him which was in violation of novel coronavirus pandemic rules of the country. An apology… Read More ›
Dozens Of Chinese Firms, Including SMIC And DJI, Named In US’s Trade Blacklist
The top Chinese chipmaker SMIC and Chinese drone manufacturer SZ DJI Technology Co were among the dozens of Chinese companies that the United States government added to its trade blacklist on Friday in the latest measure implemented by the US… Read More ›
More Than 40 Organizations Victims Of Massive Cyber Breach Identified By Microsoft
More than 40 customers of Microsoft across the world have been identified by the software giant that had been installed with the problematic versions of a third-party IT management program and that were particularly targeted by a hacking campaign of… Read More ›
Coke’s Pandemic Induced Restructuring To Result In 2,200 Job Losses Globally Worldwide
A restructuring plan that is soon to be implemented by the global soft drinks giant Coca Cola will see a reduction of about 2,200 jobs in its global workforce. The novel coronavirus pandemic has already hit the business of the… Read More ›