For the first time, the results of a survey showed, France has emerged as the top destination for international investments in Europe. France has beaten Britain and Germany to take the top spot for international investments in Europe. In 2019,… Read More ›
Sustainability
USTR disagrees with U.S. Court of International Trade’s ruling on import of certain solar panels
In a statement, the U.S. Trade Representative’s office took a position against a federal court’s decision to reinstate an exception for certain solar panels from import restrictions imposed by President Donald Trump two years ago. On Wednesday, a U.S. Court… Read More ›
American Airlines Group Inc to trim management & support staff by 30%
In a letter to employees, Elise Eberwein, the executive vice president of people and global engagement stated, American Airlines Group Inc will have to cut its management and support staff by around 30% as a fallout of the coronavirus pandemic…. Read More ›
Saudi Arabia set to ease coronavirus restrictions from May 31
Saudi Arabia’s state news agency said, Saudi Arabian airlines are scheduled to resume domestic flights on select destinations. The development comes in the wake of the Kingdom easing coronavirus containment measures. In the first phase, 60 flights will resume operations…. Read More ›
EU to unveil economic recovery package exceeding 1 trillion euros
The European Commission is set to unveil on Wednesday a plan aimed at enabling an economic recover to the EU zone from the economic impact of the coronavirus. Part of the package includes grants, loans and guarantees which exceed 1… Read More ›
Uk has given $39 billion in loans & guarantees to help business cope with COVID19: Finance Minister
On Tuesday, British Finance Minister Rishi Sunak stated, the government has awarded more than $39 billion (32 billion pounds) in loans and guarantees to businesses to help them cope with the impact of the coronavirus pandemic.
Nordic asset managers pushes for increased ESG investing
With the effects of climate change becoming ever more palpable, Norway’s sovereign wealth fund, managed by Norges Bank Investment Management (NBIM) is turning up the heat against a range of carbon emitting industries paving the way for other funds to… Read More ›
Australia resumes tourism in Victoria, following low coronavirus cases
Starting from June 1, Australia will allow tourists to stay overnight in regional areas in the southern state of Victoria, especially in its rural regions which have been ravaged by bushfires and the coronavirus. On Sunday, state Premier Daniel Andrews… Read More ›
UK must defend against foreign hostile takeovers: chairman – Foreign Affairs Select Committee
Tom Tugendhat, a senior British lawmaker from the Conservative Party who is also the chairman of the Foreign Affairs Select Committee opined, Britain must defend its companies against overseas takeovers in the aftermath of the coronavirus crisis while adding that… Read More ›
Slowing Down China And India Raises Uncertainty Of Global Economic Revival
China and India have driven much of the global growth since the global financial meltdown of 2008. But following the novel coronavirus pandemic, economic activity in both countries has plunged which has raised the risk of prolongation of the expected… Read More ›