With the highly contagious delta variant of coronavirus spreading rapidly across the globe, a call for fully vaccinated people to continue to wear masks, maintain social distancing as well as other Covid-19 pandemic safety measures was given on Friday by… Read More ›
Sustainability
European Crude Refinery Runs To Be Curbed By Sluggish Jet Demand, Says FGE
Regional refiners of Europe are being forced to blend aviation fuel into diesel because of little demand for aviation fuel and due to forecasts that any recovery in European jet fuel demand to levels prior to the Covid-19 pandemic is… Read More ›
Swedish Fintech Startup Tink To Be Acquired By Visa For $2.2 Billion
European open banking platform Tink will be acquired by Visa Inc in a deal worth 1.8 billion euro ($2.2 billion), the payments giant said on Thursday. It was just a few months ago that Visa backe3d away from a planned… Read More ›
Poor Countries Have No Vaccines, WHO Pleads For Doses
There are no doses of Covid-19 vaccines for the poorest of the countries even while the rich ones are opening up societies and are vaccinating the young population who are not at any great risk from the disease said the… Read More ›
Nike Forecasts Boom In Online Sales And Post-Lockdown Demand
The sportswear giant Nike Inc forecast better than expected fiscal full-year sales as the company showed confidence on the prospects of its online business as well as higher demand with easing of lockdowns. The company is also banking on the… Read More ›
Formats other than EU-Russia summit will be explored: German Chancellor Angela Merkel
Leaders from the European Union failed to agree on a proposal led by France and Germany to hold a summit with Russian President Vladimir Putin. Baltic countries along with Poland opposed the move saying it would send the wrong message…. Read More ›
Insurers Unwilling To Cover For Jeff Bezos’ 2021 Space Odyssey
Insurance companies of the United States and elsewhere are unwilling to take the risk of insuring the flight into space of space tourists even though the most outlandish of risks have previously been covered by them. But now they are… Read More ›
Honda Depending On New Civic Hatchback For Developing More Efficient Cars
Japan’s Honda Motor Co is hopeful that its all-new model – that of its latest Civic hatchback designs, will turn out to become the foundation for the company to develop and build cars more efficiently. The Civic hatchback designs were… Read More ›
US bans import of key solar panel material from Chinese companies
In a significant development, the Biden Administration has banned U.S. imports of a key solar panel material from China’s Hoshine Silicon Industry Co over forced labor allegations, said two sources. In a separate move, the U.S. Commerce Department has also restricted… Read More ›
A Third Of Mainstream Investment Firms Believe Crypto Is ‘Rat Poison’, Shows JPMorgan Survey
A survey conducted by JPMorgan found that only 10 per cent of the institutional investment firms who participated in the survey trade in cryptocurrencies and almost half them have described this emerging digital asset class as “rat poison” or have… Read More ›