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 ›
Strategy
Vodafone hires Jean-Francois Van Boxmeer as chairman
Britain’s Vodafone has hired Jean-Francois Van Boxmeer, the current CEO of Heineken, as its chairman. He will succeed Gerard Kleisterlee from November 2020. Van Boxmeer, a Belgian, will join Vodafone as a non-executive director on July 28. Since 2005, Boxmeer… Read More ›
General Motors gradually reopening plants in Mexico
In a statement, General Motors Co stated, it was gradually restarting its transmissions and motors lines at its Mexican plants in Ramos Arizpe located in the northern state of Coahuila and in the central city of Silao. The assembly plants… Read More ›
UK drawing up plans to end reliance of Chinese imports
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 ›
China skips setting economic growth rate due to coronavirus pandemic
On Friday, a journalists from Bloomberg tweeted citing a Bloomberg report saying, China, the world’s second largest economy, has decided not to set an economic growth target for 2020 due to global uncertainties stemming from the coronavirus pandemic. Bloomberg News… Read More ›
ECB’s New Guidelines For Banks To Assess And Disclose Their Climate Risk Exposure
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 ›
New YouGov Report Paints Worse Than Thought Picture Of UK Gambling Addiction
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 ›
Australia’s ioneer Ltd wins two boric acid supply contracts for flagship U.S. project
On Thursday, Australia’s ioneer Ltd stated, it has won two contracts for the distribution and sales of boric acid from its flagship Nevada-based U.S. project. The contracts with Kintamani Resources and Bangladesh-based Boron Bazar, will each be valid for three… Read More ›
Asset managers lending to short sellers compatible with ESG investing: Survey
On Thursday, an industry body stated, asset managers lending out of their securities is compliant and compatible with principles government investment on environmental, social and governance (ESG). It is now in the process of drawing up guidelines. A survey by… Read More ›
US Could Permanently Halt WHO Funding And Review Membership, Threatens Trump
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 ›