On Monday, Vietnam’s domestic car manufacturer Vinfast said, it has opened offices in Europe and in North America. The development marks the company joining a crowded sector as it tries to woo customers with smart electric cars. VinFast, a unit… Read More ›
Strategy
Market hasn’t factored longterm climate risks: Invesco survey
According to the results of a survey by Invesco, nearly a third of sovereign wealth funds and central banks have raised their focus on environmental, social and governance issues over the past year with the coronavirus-induced COVID-19 pandemic highlighting issues… Read More ›
UK CFOs double down capex as economy reopens
According to the results of a survey of chief finance officers, large businesses in Britain are surging ahead with post-lockdown investment plans. In a statement audit firm Deloitte said, its poll found CFOs were planning to increase investment, as well… Read More ›
Large insurance and reinsurance companies launch alliance towards net-zero emissions economy
In a significant development, 8 of the world’s top insurance and reinsurance companies, including Europe’s top three insurers by premiums, Allianz, AXA and Generali, have launched a partnership to help speed up the transition towards a net zero emissions economy…. Read More ›
More Record High Temperatures Forecast For Western US
Western United States is predicted to experience record-breaking temperatures – especially in the states of California and Nevada, as extreme heat conditions is building up. This forecast follows another dangerous heat wave North America just a few weeks ago with… Read More ›
BP’s 2020 Review Shows Surge In Renewables
The annual energy review by BP showed that in 2020, there was rapid expansion of wind and solar power capacity while there was a significant drop in global energy demand because of the Covid-19 pandemic. However, BP also noted in… Read More ›
Investments Of $593 Million For Charging Network In Europe For Long-Haul Trucks Planned By Transport Giants
A European charging network for “battery electric heavy-duty long-haul trucks and coaches” will be developed jointly by three major transportation firms. Volvo, Daimler Truck and the Traton Group have signed a non-binding agreement for the installation and operation of the… Read More ›
IMF Urges G20 Countries To Pave The Way To Donate Reserves To Poor Countries
The G20 countries should decide on how they want the richer countries to contribute some $100 billion worth of newly issued IMF reserves to poorer countries, the International Monetary Fund has said. The goal of the IMF was to be… Read More ›
Malaysian Government, 1MDB seeking more than $5.6 billion in damages from audit firm KPMG
According to court documents,, Malaysia’s 1Malaysia Development Berhad (1MDB) and the state government are seeking more than $5.6 billion in damages from KPMG partners for alleged negligence and breaches linked to a corruption scandal at the fund. The audit firm… Read More ›
Sainsbury’s To Phase Out Selling CDs And DVDs
The British supermarket giant Sainsbury’s will no more sell CDs and DVDs as the demand for these products has dwindled in the face of growing streaming services, the company said. The company’s customers were increasingly choosing to opt for music… Read More ›