With oil traders seeking to match profits they make from trading oil from climate friendly projects, they are pouring hundreds of millions of dollars into such projects which include wind farms, blue hydrogen and cow manure plants. As a result… Read More ›
Strategy
There Will Be Trade Barriers After Brexit, Says UK’s Michael Gove
Those businesses of the United Kingdom who trade with Europe will need to prepare themselves for “significant change” with “inevitable” border checks for “almost everybody” who wants to imports products from the European Union starting next year, Michael Gove, the… Read More ›
At Least A Year Before Any Coronavirus Vaccine Can Be Available In The Market, Says UK Scientist
People should not expect a vaccine to the dreaded coronavirus to be available in the market at least until next year even though there has been advancement made in recent times on the vaccine, said British scientist Dr. Robin Shattock… Read More ›
Zero Growth In UK Economy In The Last Quarter Of 2019
There was virtually no growth in the economy of the United Kingdom in the fourth quarter of the 2019 primarily because of a contraction during the quarter, the third straight quarter of contraction, while there has also been a slowdown… Read More ›
UK Confident Of A Trade Deal With US Despite Issues Over Huawei
The United Kingdom is confident that it will be able to strike up a trade deal with its trusted ally United States despite the disagreement between the two over the issue of including the Chinese tech giant Huawei in the… Read More ›
Sony And Amazon Not To Participate In Major Tech Show Due To Coronavirus Scare
While the fast spreading coronavirus in China has affected global supply chains of largest of the tech companies, the latest tech companies to pull out of the one of the world’s largest tech shows to concerns and risks of the… Read More ›
Closure Of Chinese Factories Continues To Stress Global Supply Chains
Thousands of the companies all across the world are waiting for reopening of factories and production units in China starting Monday. However if the closures continue over concerns of spreading of coronavirus, many of the major brands of the world… Read More ›
Israeli defense firm Elbit Systems Ltd wins $136M contracts in Asia-Pacific region
On Monday, Israeli defense firm Elbit Systems Ltd stated, it has won contracts worth $136 million to provide customers in Asia-Pacific with airborne laser direct infrared countermeasure (DIRCM) systems. The DIRCM systems are designed to protect aircraft against heat-seeking ground-to-air… Read More ›
Japan’s antitrust authorities raid Rakuten’s offices
On Monday, officials from Japan’s antitrust authority raided the offices of e-commerce giant Rakuten Inc following complains from online merchants regarding the company’s free shipping policies With the news reaching the market, its shares fell briefly by 3%. Rakuten’s spokeswoman… Read More ›
Albemarle, world No.1 lithium miner, to monitor aquifers beneath Chilean desert
With Chile’s residents and Chilean courts ringing the alarm on depleted water supplies in the country’s Atacama salt flat, Albemarle, the world’s top lithium miner had filed a proposal in December to monitor water flows beneath the parched desert floor…. Read More ›