A European charging network for “battery electric heavy-duty long-haul trucks and coaches” will be developed jointly by three major transportation firms. Volvo, Daimler Truck and the Traton Group have signed a non-binding agreement for the installation and operation of the… Read More ›
The British supermarket giant Sainsbury’s will no more sell CDs and DVDs as the demand for these products has dwindled in the face of growing streaming services, the company said. The company’s customers were increasingly choosing to opt for music… Read More ›
Plans for formation of a joint venture that will develop an electric battery charging network that would be used for charging long haul trucks and buses were announced by three major European truck manufacturers – Daimler Trucks, AB Volvo and… Read More ›
Consumers are trying to avoid crowds because of the pandemic and consequently they are flocking online to shop. But actually getting the products that they purchase at hand can become a challenge. According to James Root, senior partner and chairman… Read More ›
A new study by the United Nations released on Wednesday forecast that there will be a stagnation in international tourism arrivals this year, except in some Western markets. That would result in losses of up to $2.4 trillion. The report… Read More ›
A new study has shown that unless there is a drop in carbon emissions globally, the lives of up to 410 million people will be threatened from sea level rises as they would be living in areas less than 2… Read More ›
The Bank for International Settlement (BIS)’s annual report claimed on Tuesday that policy makers would find it dauntingly challenging to recalibrate the fiscal and monetary stimulus because of an uneven global recovery from the Ccovid-19 crisis. The BIS predicted its… Read More ›
Costs for Chinese consumers are likely not to experience a surge despite a recent increase in producer prices in the country, according to JPMorgan Private Bank’s Alex Wolf. “We don’t see (producer inflation) really going into consumer prices. They’ve risen… Read More ›
A call for global action, including that of reparations to “make amends” of racism against people of African descent, was given by the United Nations Human Rights Council (UNHRC) in a new report. The new UNHRC report also urged governments… Read More ›
With growing scrutiny of the cryptocurrency sector throughout the world, a an increasing number of crypto asset firms are scrapping plans and efforts to get registered with the British financial regulator. Binance, one of the world’s biggest crypto exchanges, was… Read More ›
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