In a move that could eventually see the Chinese firm Huawei Technologies Co Ltd exiting the high-end smartphone-making business, the firm was reported to be in early stage talks to sell its premium smartphone brands P and Mate, claimed a… Read More ›
Sustainability
Its Vaccine Will Still Protect Against Virus Variants, Says Moderna
United States based pharma company Moderna said that its Covids-19 vaccine that is already being used in a number of countries is effective against the new variants of the virus that have been detected in Britain and South Africa However… Read More ›
ECB sets up climate change centre to implement climate issues into monetary policy and banking supervision
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’s Growth And Xi’s Leadership Will Be Challenged By Potential For New Pandemic Outbreak
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 ›
US Set To Import Record Canadian Oil Even If The Keystone XL Project Is Shelved
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 ›
Non-performing assets rise by more than 50%, Chinese banks write-off $466.6 billion in 2020
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 ›
Senate should approve Biden Administration’s push for U.S. rejoining Paris Agreement: Republicans
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 ›
India’s IndiGo Airlines Quickly Recovers From Pandemic Hit, Eyeing Foreign Growth
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 ›
Europe and America should build new transatlantic founding pact: European Council President Charles Michel
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 ›
£600m Lawsuit Over Overcharging Customers To Be Filed Against BT
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 ›