With record new installations of emissions-free power surpassing sources that burn fossil fuel, renewable energy reached an important turning point last year. This was revealed by the International Energy Agency. The Paris-based agency said in its Medium-Term Renewable Energy Market… Read More ›
Large banks with a presence in the U.K. feel that in the wake of the uncertainty surrounding the Brexit vote, the country’s government is not fully receptive to the financial services sector, reported CNBC citing an industry source with knowledge of… Read More ›
Companies who have re-domiciled better perk up and pay attention. If the European Commission has its way, they will have to bite their tax bullet. The European Union is preparing a new law under which large companies in every country… Read More ›
With this strategic fund Saudi Arabia plans to diversify its economy and wean it away from an oil-based economy. Japan’s SoftBank Group and Saudi Arabia have collaborated in an effort to create the world’s largest private equity fund which could… Read More ›
Unless the British government can retain passporting rights for its financial sector, some of the world biggest bankers have warned that the country could see an exodus. The question of whether Theresa May will be able to retain Britain’s financial… Read More ›
This is yet another hurdle in Tesla Motor’s path on its stated plans of acquiring SolarCity. Embattled SolarCity is facing a new battle: it has now been accused by Cogenra Solar Inc., owned by SunPower Corporation and Khosla Ventures of… Read More ›
Potentially stifling its ability to create the next Google or Twitter, according to a new report, New York and San Francisco have been trumped by London which has been named as the most expensive city in the world for technology… Read More ›
Rajeev Suri put his team at Nokia Oyj on a tight schedule: in just 90 days they had to hash out which products to keep and which to jettison, after gaining control of French network-equipment rival Alcatel-Lucent SA in January. “Procrastinated… Read More ›
Hanjin Shipping’s cargo hangs in the balance as it desperately tries to secure additional funds. According to a spokesman of the Hanjin Group, its chairman has transferred $36 million (40 billion won) to Hanjin Shipping today so as to help… Read More ›
A new research report states that the quality, price and production of coffee would be dramatically impacted by climate change. According to the Sydney, Australia-based The Climate Institute, areas where coffee can be grown would be impacted to the tune… Read More ›
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