Japan, the third largest economy of the world managed to offset sluggish domestic demand by a rise in its exports in May which grew at the fastest pace in the month since 1980, along with a key gauge of capital… Read More ›
Sustainability
6 companies in early-stage talks with Britain to build gigafactories for EV batteries
In a report the Financial Times said citing sources familiar with the matter at hand, Britain is in talks with 6 companies for building gigafactories which will produce batteries for electric vehicles. According to the report, Nissan Motor Co Ltd,… Read More ›
US And EU Set To End Their 17-Year Old Boeing-Airbus Trade Row
A truce has been arrived at between the United States and the European Union in relation to their 17 year old trade dispute involving government subsidies offered to Boeing and Airbus. The two major trading partners have agreed to remove… Read More ›
Biden renews partnership with EU allies, cools off trade tensions
In a significant development, U.S. President Joe Biden is aiming to intensify efforts to renew transatlantic relations. On Tuesday, he will be meeting leaders from the European Union to cool off trade tensions and join forces to defeat the coronavirus-induced… Read More ›
G7 agrees to coordinate approach on China more closely
Following the G7 summit in Britain, Canadian Prime Minister Justin Trudeau said, leaders of the Group of Seven agreed to coordinate more closely in their response to the challenges posed by China. The approach of G7 countries towards China will… Read More ›
Australia, Germany sign bilateral trade agreement on hydrogen trade
In a significant development, Australia and Germany signed a bilateral partnership on hydrogen production and trade with the aim to facilitate renewable energy-based hydrogen supply chain between the two countries. German economy Minister Peter Altmaier along with German Education and… Read More ›
G7 presents grand infrastructure plan -Build Back Better World initiative
In a significant development, the G7 has put forth the vision of a grand infrastructure plan that rival’s Chinese President Xi Jinping’s multi-trillion-dollar Belt and Road initiative, which has led many countries into severe debt. The new economic plan, presented… Read More ›
Germany’s Green Party supportive of industry aid in transitioning towards green economy
In a statement, Annalena Baerbock, the head of Germany’s Green Party said, it will seek to support the country’s industry’s aim to slash carbon emissions by ensuring that the state helps meet additional costs companies incur. She went on t… Read More ›
Hackers Breach McDonald’s Data In South Korea, Taiwan And US
Some customer and employee information of McDonald’s Corp’s business in South Korea and Taiwan was exposed to hackers in a data breach, the company said on Friday. This made the largest burger chain of the world the latest global firm… Read More ›
Toyota Says Wants To Achieve Carbon Neutrality In Its Global Factories By 2035
The Japanese auto major Toyota Motor Corp will set the aim to achieve carbon neutrality in all its factories throughout the world by 2035, said a senior executive on Friday as the company apparently is advancing the goal by 15… Read More ›
