Amidst resurging fears of a European recession after the last quarter of 2019 turned out a no growth year for Germany and as the deadly coronavirus threatens to drastically reduce exports to China. There was no growth in the German… Read More ›
Sustainability
Airbus Loss Of €1.4bn Primarily Because Of A Record Bribery Fine
Despite an annual loss of €1.4bn for 2019 partly because of the record fines for bribery, the , European aircraft maker Airbus raised its dividend for shareholders as it also reported deliveries of aircraft to be at an all time… Read More ›
Amid The Virus Threat, Japan’s Nissan Reports 83% Drop In Profits
Troubles that started soon after the arrest and ouster of its former Chairman Carlos Ghosn is persisting for the Japanese car maker Nissan. Its profits are on a downward slide and the company now braces for more hits because of… Read More ›
UK’s Regulator Ofcom Will Now Regulate Social Media In The Country
The United Kingdom based watchdog Ofcom will now be handed over new powers to ensure that social media companies are forced to take action against harmful content. This is the first time that such a step is being taken for… Read More ›
Loss Of Nature Will Cause Big Hit To Global Economic Growth, Says New Report
The World Wildlife Fund has warned that about £368bn a year will be wiped off global economic growth by 2050 because of loss of nature. One of the major losers in this will be the United Kingdom which will see… Read More ›
Oil traders pour funds into green initiatives in search of sustainable business model
With oil traders seeking to match profits they make from trading oil from climate friendly projects, they are pouring hundreds of millions of dollars into such projects which include wind farms, blue hydrogen and cow manure plants. As a result… Read More ›
There Will Be Trade Barriers After Brexit, Says UK’s Michael Gove
Those businesses of the United Kingdom who trade with Europe will need to prepare themselves for “significant change” with “inevitable” border checks for “almost everybody” who wants to imports products from the European Union starting next year, Michael Gove, the… Read More ›
At Least A Year Before Any Coronavirus Vaccine Can Be Available In The Market, Says UK Scientist
People should not expect a vaccine to the dreaded coronavirus to be available in the market at least until next year even though there has been advancement made in recent times on the vaccine, said British scientist Dr. Robin Shattock… Read More ›
Zero Growth In UK Economy In The Last Quarter Of 2019
There was virtually no growth in the economy of the United Kingdom in the fourth quarter of the 2019 primarily because of a contraction during the quarter, the third straight quarter of contraction, while there has also been a slowdown… Read More ›
UK Confident Of A Trade Deal With US Despite Issues Over Huawei
The United Kingdom is confident that it will be able to strike up a trade deal with its trusted ally United States despite the disagreement between the two over the issue of including the Chinese tech giant Huawei in the… Read More ›
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