In a significant development U.S. Energy Secretary Jennifer Granholm stated, Washington is ready to reactivate a loan program which could see more than $40 billion channelized towards clean energy. “I am ready to rev those engines back up so that… Read More ›
Sustainability
United Predicts Revival Of Pandemic Hit Travel Sector Orders 25 New Boeing 737 Max Jets
Orders for an additional 25 Boeing 737 Max jet planes were placed with the United States based aircraft makers by United Airlines which is the largest order for the planes since they were grounded globally in March 2019. The American… Read More ›
SoftBank-Supported Coupang Wants To Launch US IPO Valued At Over $50 Billion
The largest initial public offering in the United States so far this year could be launched by the South Korean e-commerce giant Coupang, which has the support of HJapanese conglomerate SoftBank Group. According ot reports, the IPO from the company… Read More ›
From 2022 banks in EU to publish world’s first green asset ratio
In a significant development, the European Union’s banking watchdog stated, starting from next year banks in the Eurozone would have to publish a pathbreaking “green asset ratio” (GAR) as a core measure of their climate-friendly business activities. With investments in… Read More ›
India’s Pharma Firm SII Is The Leader In Vaccinating The World Against Covid-19
With global pharma companies ramping up production of their respective vaccines, there is one firm that has already moved into the leading position. Even though the Serum Institute of India (SII) is not a household name, it is the… Read More ›
In Landmark Case, Court In China Orders Husband To Pay Wife For Housework
In a landmark ruling, a divorce court in Beijing, China has directed a man to give compensation to his wife against the housework she did during their marriage. The country ordered the man to play 50,000 yuan ($7,700) against the… Read More ›
Square’s Purchase Of Bitcoin Worth $170M Pushes It Over $50,000 Again
With the announcement by Square of it purchasing $170 million worth of the crypto currency bitcoin, the price of the largest crypto currency of the world in terms of market capitalization surged again, after a few days of dropping, and… Read More ›
EU Request For More Time For Ratification Of Brexit Deal Allowed By UK
The request of the European Union to postpone the ratification of their post-Brexit trade deal by a month was agreed to by the United Kingdom. This move however added on to the existing uncertainty into what is already a very… Read More ›
With Investors Nervous Of Sky-High Price, Bitcoin’s Value Continues To Plunge
With investors getting jittery about the astronomical price that the crypto currency bitcoin had attained in recent times, the value of the virtual currency sunk as much as 17 per cent on Tuesday. According to analysts, the drop came as… Read More ›
Tesla’s $1,5bn Bitcoin Investment Gave It A Profit Of About $1bn: Analyst
The investment in the crypto currency bitcoin made recently by the United States based electric car maker Tesla has given the company a paper profit of about $1 billion, said Daniel Ives, analyst at Wedbush Securities. In a note published… Read More ›