On Monday, Christine Lagarde, President of the European Central Bank said, the bank is setting up a climate change centre to coordinate its thinking on how to best incorporate climate issues into monetary policy and banking supervision. “We are now… Read More ›
China, the second largest economy of the world, was expanding at a quarterly rate of 6.5 per cent in November last year when the United Kingdom was going into a second lockdown and its economy was contracting. Recent data has… Read More ›
The new president of the United States has shelved the Keystone XL pipeline project on his first day at office but despite that the US has been able to position itself to pull in record imports of Canadian oil in… Read More ›
On Friday, in a statement, China’s top banking and insurance regulator said, the sector has written off $466.6 billion (3.02 trillion yuan) in non-performing assets in 2020, up by more than 50% from a year ago. At the end of… Read More ›
With U.S. President Joe Biden signing an executive order which sees the United States rejoining the Paris climate agreement, a group of Republican senators called on him to submit his plan to re-engage the United States in the landmark accord…. Read More ›
Boosted by a fast recovery of the domestic aviation market of India to almost 80 per cent of the pre pandemic levels, as well as by its financial strength used for enhancing its market share even as rivals are struggling,… Read More ›
In a significant development, the European Union called on incoming U.S. President Joe Biden to form a “new founding pact” with Europe and collaborate on a wide range of issues including security, freedom, peace, prosperity, and human rights. “Today is… Read More ›
A law suit is slated to be filed against British telecom (BT) over charges that the telecom company did not adequately compensate its elderly customers even after overcharging them fpr their landlines for years. Those BT customers who only had… Read More ›
On Monday, in a statement Tesla Inc said, it has commenced delivery of its Shanghai-made Model Y sports utility vehicles (SUV) to Chinese customers. In November 2020, Tesla had obtained permission from the Chinese government to start selling Model Y… Read More ›
Following a huge amount of concerns from millions of its users who feared that the messaging platform was loosening its user data privacy policies, the Facebook Inc. owned messaging app WhatsApp has decided to delay its planned and announced update… Read More ›
