A vaccine against the novel coronavirus pandemic will be a “vital tool” in the global fight against the coronavirus, said the World Health Organization on Friday, but also warned that the threat of the pandemic will not come to an… Read More ›
Sustainability
Markit Flash PMI Shows Sudden Spike In US Business Activity To Early 2019 Levels
With a resurgence in new orders for both the manufacturing and services sectors, business activity in the United States jumped back to its highest since early 2019 this month. This assumes significance because novel coronavirus cases are still on the… Read More ›
Despite Beating Estimates, Nvidia’s Data Center Performance Worries Investors
Despite reporting estimate beating forecast for sales for the third quarter, investors remained worried about the results of the rising semiconductor industry star’s data center business during the second quarter of the current year which affected the shares of the… Read More ›
Lufthansa hammers out cost cutting deal with pilots, sees recovery in 2021
In a statement, German airline Lufthansa stated, it has formulated an agreement with pilots over a package of short-term measures which will reduce it cash burn and losses induced by the Wuhan Coronavirus pandemic. As per the agreement, in return… Read More ›
New Injunction Against Apple Filed By Epic Over Removal Of Fortnite From App Store
A fresh injunction against Apple has been filed by Fortnite-maker Epic Games as it fights out the iPhone maker and the technology giant over the policy of commission and other things for using its App Store. The widely popular game… Read More ›
Worldwide Visual Overhaul To Be Rolled Out By Google Maps
Users looking at Google Maps will now be able to easily distinguish between forest and floodplain, and desert and snowfield as it is set to get a visual overhaul worldwide. A new set of maps will also be rolled out… Read More ›
Wearing a mask in shared spaces, including office and factories is mandatory from Sept. 1: French Labour Ministry
In a significant development, France’s Labour Ministry stated, the French government plans on making wearing a mask compulsory in the vast majority of workplaces from September 1, 2020, as one of the measures to mitigate the resurgence of the COVID-19… Read More ›
Britain to introduce legally binding environmental targets
In a significant development, Britain stated it would bring about legally binding targets on air quality, biodiversity, waste reduction, and cleaner water as part of efforts to combat climate change, rebuild the economy and improve the environment. These green targets… Read More ›
Trump Offers Cash Incentives For American Firms Moving Factories Out Of China
The United States President Donald Trump has offered tax credits to any American company ho that decides to shift its production units out of China. At the same time however Trump also threatened that those American companies that still continue… Read More ›
Huge Loss For Norway’s Wealth Fund In First Half Of 2020 Due To Covid-19
While reporting a 188bn kroner loss in the first half of the year, Norway’s sovereign wealth fund – the largest in the world – also issued a warning there could be further volatility in the financial markets because of the… Read More ›
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