The Indian government is now offering incentives for boosting demand for electric vehicles while also easing a number of regulatory restrictions in order to make the country a global hub for manufacturing of electric vehicles. The Indian government has announced… Read More ›
Sustainability
Disruption caused by IMO 2020 is an opportunity: investment funds
From 2020, shipping companies will have to comply to International Maritime Organization IMO 2020 rules which states that sulfur content in marine fuel must be 0.5%, down from 3.5%.The biggest polluters are dry bulk ships, which make up more than… Read More ›
Ola to launch ride hailing services in UK by September
Ola will face competition from Uber and Daimler-backed Bolt in the London. In a significant development, London’s transport regulator has permitted Indian ride-hailing company Ola to launch its service in the city. Bengaluru-based, SoftBank-backed Ola stated it has got a… Read More ›
ILO Study Finds Top 10% Take Away Almost Half Of Global Wages
The International Labour Organization (ILO) claims that just 10 per cent of workers in the world scoop up almost half of all global pay while just 6.4 per cent of the global pay is accounted for the lowest paid 50… Read More ›
South Korea Threatens Retaliation To Japan’s Export Curb Of 3 Materials
The global supply chain and supplies of chips and smartphones could get disrupted because of a potential row between South Korea and Japan as Seoul threatened Tokyo with retaliation against the latter’s recent decision to put export limits on high-tech… Read More ›
Record Deliveries Pushes Up Tesla Shares In Second Quarter
The achievement by the United States based electric car maker Tesla of being able to deliver record number of electric cars in the second quarter as promised by its Chief Executive Officer Elon Musk resulted in increased confidence of investors… Read More ›
Insurer Chubb Ltd cuts exposure to coal-related companies
Chubb joins a growing stream of financial institutions who are scaling back their exposure to coal. In a significant development, insurer Chubb Ltd disclosed, it has decided to cut its exposure to coal-powered plants operators and that it would not… Read More ›
The European Union and Vietnam sign landmark free trade agreement
The EU-Vietnam Free Trade Agreement (EVFTA) is “the most ambitious free trade deal ever concluded with a developing country” to date. In a landmark development, the European Union has signed a free trade deal with Vietnam, its first with a… Read More ›
Secondhand Fashion Site TheRealReal Does Well At The US Stock Exchange
The circular economy around fashion is seemingly caught the fancy of US investors in the United States as there was a 40 per cent rise in the stock price of The RealReal, the US secondhand luxury fashion website, soon after… Read More ›
New Electric Vehicles Must Emit Noise For Safety Reasons, New EU Directive
A new European Union regulations that is set to be implemented from Monday, there has to be a device that would emit sounds in all of the new electric vehicles. This directive has been adopted by the EU after there… Read More ›