The growth rate of factory activity in China slowed down in May as the second largest economy of the world attempts to turn around after the economy coronavirus pandemic hit. The slowness in factory data was shown official data on… Read More ›
Sustainability
Japan Govt. Guarantee For Almost A Third Of Nissan’s $6.6 Billion Loans: Reports
Guarantees for almost a third of the 7l3 billion yen ($6.65 billion) in loans that Japans auto making giant Nissan Motor Co has managed to secure form some of its main debtors to tide over the economic hit of the… Read More ›
UN Delays Glasgow Cop26 Climate Talks By A Year
The novel coronavirus pandemic has delayed by a year the global talks aimed at addressing the threat of climate breakdown. The United Nations has said that the talks will now be held in November 2021. Cop26, the official name of… Read More ›
15 Billion Euro Proposed By EU For Supporting Strategic Firms
The European Commission aims to make investments in strategic businesses and companies that have been wrecked by the novel coronavirus pandemic and the executive arm of the European Union has proposed to set aside a fund of 15-billion-euros for that… Read More ›
A 20% Contraction In French Economy Likely In Second Quarter -INSEE
According to the estimates of the INSEE official statistics agency published earlier this week, there can be a contraction of up to 20 per cent in the second quarter compared to the previous three months for the French economy as… Read More ›
A Fresh $1.1 Trillion Stimulus Approved By Japan For Pandemic Hit Economy
A new $1.1 trillion stimulus package to stimulate the economy battered by the novel coronavirus pandemic was announced by Japan which includes plans for a significant amount to be spent in direct spending. These plans gave been approved by the… Read More ›
Alliance of 10 democracies to create alternative pool of suppliers for 5G and other technologies
In a significant development, The Times reported that the United Kingdom is pursuing a strategy of allying itself with at least 10 democracies, in order to create an alternative pools of suppliers of 5G equipment and other technologies so as… Read More ›
Almost No Cars Were Made In The UK In April Due To Pandemic Hit
There was a 99.7 per cent year on year drop in car manufacturing in Britain in the month of April because of the novel coronavirus related shutdowns. According to the industry body, Society of Motor Manufacturers and Traders (SMMT), the… Read More ›
IEA Warns Of Record Drop In Investments In Energy Projects In 2020
The largest drop in the investment in the history of global energy is being engineered by the novel coornavirus pandemic. According to the International Energy Agency (IEA), investment in global energy expected to increase by 2 per cent before the… Read More ›
China Targets Australian Exports In Retaliation To Calls For Coronavirus Investigation
It did not take long for China to strike back against Australia after Australia demanded the constitution of an international investigation into the origins of the coronavirus pandemic. On a Sunday morning television show in late April, support for an… Read More ›
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