A critical role could be played by green bonds in the recovery of the global economy from the impact of the novel coronavirus pandemic. In recent months, there has been an increase in interest in green bonds with investors trying… Read More ›
Regulations & Legal
WTO Could Soon Have Its First Ever Female Boss
The process of selecting the new director general of the World Trade Organisation (WTO) is now in its final stages. Nigeria’s former finance minister Ngozi Okonjo-Iweala and South Korean trade minister Yoo Myung-hee are the final two candidates who… Read More ›
ING cuts lending to carbon emitting companies, aligns financing with 2015 Paris climate agreement
On Thursday, in a significant development that will see the renewable energy industry receive a financial boost, Dutch lender ING stated, it has taken steps to significantly cut on lending to carbon emitting companies in the power industry over the… Read More ›
Washington likely to impose sanctions on Iran’s financial sector
According to a Republican congressional aide briefed on the matter at hand, the United States plans on imposing fresh sanctions on Iran’s financial industry. The development comes ahead of a key U.S. election. The move is likely to shut out… Read More ›
Argentina becomes the first country to approve GMO wheat
Argentina has approved a strain of drought-resistant GMO wheat, developed by biotechnology firm Bioceres SA, making it the first country in the world to approve of GMO wheat. So far no country has given approved the imports of GMO products;… Read More ›
Global coronavirus could end in July 2020
In a report the Financial Times has stated citing a memo, AstraZeneca could start profiting from its COVID-19 vaccine as early as July 2021; the British drugmaker can thus essentially declare when the global pandemic can essentially end. London listed… Read More ›
Britain taking steps to secure FTSE from hostile foreign state actors
On Wednesday, in a significant development, according to a report from The Times, British Finance Minister Rishi Sunak plans on blocking companies from being listed on the London Stock Exchange on national security grounds. The proposed move will see the… Read More ›
COVID-19 and Brexit will cost UK $174 billion every year for next decade
According to research firm Baker & McKenzie, if Boris Johnson’s government fails to secure a post-Brexit trade deal with the European Union along with the impact the coronavirus is having on the British economy, their combined cost to the United… Read More ›
Golar Power’s bid for Petrobras’s natural gas import terminal faces potential disqualification
According to sources with direct knowledge of the matter at hand, Golar Power Ltd has submitted the highest bid for a much sought after natural gas import terminal leased by Brazil’s state-run energy firm Petrobras. However Golar’s bid could potentially… Read More ›
Turkey will face sanctions if provocative unilateral actions don’t stop: EU
On Friday, having attended a meeting of the 27-nation EU’s leaders, European Commission President Ursula von der Leyen stated, the bloc could impose sanction on Turkey if it continues its acts of “provocations and pressures” in the East Mediterranean. “We… Read More ›
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