The Chief Economist of the UK’s central bank has made it lucidly clear that the Bank of England is not remotely close to making any decision regarding negative interest rates. Negative interest rates has been hitting the headlines lately since… Read More ›
With the effects of climate change becoming ever more palpable, Norway’s sovereign wealth fund, managed by Norges Bank Investment Management (NBIM) is turning up the heat against a range of carbon emitting industries paving the way for other funds to… Read More ›
Tom Tugendhat, a senior British lawmaker from the Conservative Party who is also the chairman of the Foreign Affairs Select Committee opined, Britain must defend its companies against overseas takeovers in the aftermath of the coronavirus crisis while adding that… Read More ›
China and India have driven much of the global growth since the global financial meltdown of 2008. But following the novel coronavirus pandemic, economic activity in both countries has plunged which has raised the risk of prolongation of the expected… Read More ›
India’s Serum Institute, the largest manufacturer of vaccines in the world by volume, could be the key to production of Covid-19 vaccines. This institute is currently working with a number of candidates for a vaccine for the novel coronavirus –… Read More ›
In a report on Friday, an article from Britain’s The Times newspaper stated, Prime Minister Boris Johnson has instructed civil servants to draw up plans to end the UK’s reliance on China for vital medical supplies and other strategic imports…. Read More ›
Banks in Europe will be asked to assess and then disclose the climate related risks of their lending portfolio by European Central Bank (ECB). This measure by the central bank of the European Union could also prompt EU based banks… Read More ›
A new research work in the United Kingdom has warned that the rate of gambling addiction could be much higher in the country than believed previously. The report also claimed that almost half of the people who have developed the… Read More ›
If the World Health Organization (WHO) did not commit to improvements within 30 days, all funding of the world body by the United States will be halted permanently, warned US President Donald Trump on Monday. Trump also threatened that he… Read More ›
A review conducted by Reuters on companies in the oil and gas sector has revealed that Europe’s top oil and gas companies believe that the novel coronavirus induced global health crisis will have a long-term drop in fossil fuel demand… Read More ›
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