In a statement United Airlines said, it is ready to terminate around 600 U.S.-based employees who have failed to comply with its vaccination policy. In August, United Airlines became the first U.S. carrier to require COVID-19 vaccinations for all domestic employees. The… Read More ›
Strategy
Investor group with $4 trillion of assets under management focus on meeting climate change goals for Asian firms
On Wednesday, in a significant development, a group of six investors with a combined $4 trillion of assets under management said, it aims to increase engagement with large Asian companies, including energy producers and banks, to ensure that they have… Read More ›
EU leaders to meet in Oct to discuss surging energy prices
Leaders from the European Union are set to meet next month to discuss surging energy prices with governments scrambling to cushion households from the soaring prices. Benchmark European gas prices have shot up by more than 300% this year because… Read More ›
Shortage of truck drivers ripple through British economy
On Wednesday, in a statement British Prime Minister Boris Johnson said, the government was preparing to ensure fuel supply chains were running smoothly for the run-up to Christmas as he tried to quell public fears of panic buying of fuel… Read More ›
Analysts Predict Record Deliveries For Tesla For In The Third Quarter Despite Component Supply Issues
On Tuesday, Wall Street analysts raised their forecasts for the quarterly car deliveries for the United States based electric car maker Tesla. One of the market research firms noted that the third quarter would be the best ever quarter for… Read More ›
US and EU Trade and Tech council to meet on Sept 29 in Pittsburgh
According to senior officials from the Biden Administration, the United States and the European Union are scheduled to discuss the global shortage of semiconductors, tech competition and artificial intelligence (AI) during their first Trade and Tech Council (TTC) meeting scheduled… Read More ›
Activision Blizzard settles discrimination, sexual harassment claims with Equal Employment Opportunity Commission
In a statement videogame publisher Activision Blizzard along with the U.S. Equal Employment Opportunity Commission (EEOC) said, they have agreed to settle claims over sexual harassment and discrimination in the company’s workplace. Under the agreement, Activision has committed to create a… Read More ›
Greece boosts military ties with France, to announce defense deal today
In a statement Greek Prime Minister Kyriakos Mitsotakis said, Athens has been talking to Paris to boost defence ties. The development comes at a time when Greece is aiming to boost the capabilities of its armed forces. In 2020, Greece… Read More ›
Its Highest Every Quarterly Loss Of $5.9bln Reported By Malaysia’s AirAsia X
Its highest every quarterly loss of $5.9 billion was posted by Malaysia’s AirAsia X Bhd on Monday. This loss amount was eight times higher than what the company had reported for the same quarter a year ago. One of the… Read More ›
Forecasts For America’s Growth For 2021 Cut Down By Economists, Shows New Survey
A new survey released on Monday shows that the hit of the surge of Covid-19 caused by the delta variant of the coronavirus in the United States prompted business economists to mark down their estimates and forecasts of growth for… Read More ›