According to a new research, the biggest annual fall in CO2 emissions since World War Two was witnessed because of the global response to the Covid-19 pandemic. So far this year, there has been a reduction of 7 per cent… Read More ›
Sustainability
Canada to commence inoculation of of Pfizer-BioNTech’s COVID-19 vaccine today
The first batch of COVID-19 vaccines has arrived in Canada said Canadian Prime Minister Justin Trudeau. Canadians are likely to roll up their sleeves to take a shot as early as later today. “The first batch of doses of Pfizer-BioNTech’s… Read More ›
Policy shift as Britain pledges to stop direct government support for overseas fossil fuel projects
In a statement the office of British Prime Minister Boris Johnson said, it will pledge to end direct government support for overseas fossil fuel projects at a U.N. summit at a move aimed at tackling climate change. Britain will be… Read More ›
Covid-19 Stimulus Package Finally Approved By EU Leaders After Veto Lifted By Hungary And Poland
The European Union has finally ended the impasse over the much-needed stimulus package for Covid-19 which means that access to a historic level of funding will soon be available for cash-strapped countries. In July, the European countries agreed to raise… Read More ›
British PM Johnson Says No-Trade Deal Brexit ‘Very Very Likely’
British Prime Minister Boris Johnson and European Commission chief Ursula von der Leyen said on Friday that it is likely that the exit of the former from the European Union on January 1 next year will happen without a deal… Read More ›
BoE does not foresee Brexit related market disruptions threatening UK’s financial stability
On Friday, Britain’s central bank, the Bank of England, took steps to keep inter-bank lending rates steady through 2021 as Britain negotiates its trade relationship with the European Union. In a statement, Bank of England Governor Andrew Bailey said, Britain… Read More ›
China leverages COVID-19 – only major economy to recover from pandemic, auto sales surge
On Friday, China’s industry body stated, vehicles sales in the country is set to touch 25 million units in 2020. The development underscores the interesting phenomena in the world’s biggest vehicle market where the auto industry has recovered from the… Read More ›
Government to spend $3.71 billion towards Go To Travel campaign: Japan’s Ministry of Finance
On Friday, in a statement Japan’s Ministry of Finance said, the Japanese Cabinet has decided to spend $3.71 billion (385.6 billion yen) from emergency budget reserves to back the government’s domestic travel. The bulk of the spending will go towards… Read More ›
UK Regulator Advices Not Giving Pfizer Covid-19 Vaccine To Individuals With History Of Allergy
The vaccine against the novel coronavirus that has been developed by Pfizer and BioNTech should not be given to those people who have a history of “significant” allergic reactions, directed the drug regulator of the United Kingdom earlier this week…. Read More ›
US Lawmakers Sue Facebook Over Anti-Competition Business Practices
The largest social media company Facebook has been sued by federal regulators of the United States and more than 45 state prosecutors over charges that the company had illegally purchased rivals to muzzle competition. These lawsuits are amongst the… Read More ›