Users looking at Google Maps will now be able to easily distinguish between forest and floodplain, and desert and snowfield as it is set to get a visual overhaul worldwide. A new set of maps will also be rolled out… Read More ›
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Trump Offers Cash Incentives For American Firms Moving Factories Out Of China
The United States President Donald Trump has offered tax credits to any American company ho that decides to shift its production units out of China. At the same time however Trump also threatened that those American companies that still continue… Read More ›
Huge Loss For Norway’s Wealth Fund In First Half Of 2020 Due To Covid-19
While reporting a 188bn kroner loss in the first half of the year, Norway’s sovereign wealth fund – the largest in the world – also issued a warning there could be further volatility in the financial markets because of the… Read More ›
Malaysia’s Second Quarter Contraction Largest Since 1998 Asian Crisis
The contraction in the second quarter for the Malaysian economy was the sharpest for the country since the Asian financial crisis more than two decades ago. Based on that performance, the central bank of the country sharply downgrading its outlook… Read More ›
2020 Economic Forecast Slashed By Hong Kong, Says Revival Dependent On Virus Control
Hong Kong slashed its economic outlook for the current year on Friday and warned that a recovery of the economy from a recession will depend on the time that the city will take to bring under control a fresh wave… Read More ›
Oil And Gas Assets Worth $87bn Written In 9 Months Off Seven Top Oil Firms
With the novel coronavirus pandemic accelerating a global shift away from fossil fuels, almost $90bn from the value of their oil and gas assets was written off by the largest listed oil companies of the world in just the last… Read More ›
IEA Slashes Global Oil Demand Forecast For Current And Next Year
The International Energy Agency (IEA) has said that there will be a greater fall in demand than was previously expected by it for the current year as well as for 2021 because of a surge in new infections of the… Read More ›
Chinese Tech Giant Tencent Breaks Q2 Expectations Of Revenues And Earnings
Chinese tech giant and owner of the chat and messaging app WeChat, Tencent, beat analyst expectations for the three months through to the end of June, reporting its fastest growth in revenues for any quarter in about two years. Despite… Read More ›
Disney Changes Name Of The Historic 20th Century Fox Brand
One of the best known brand names in the global entertainment industry – 20th Century Fox, has now been ended by Walt Disney. This came with the rebranding of one of the TV studios as 20th Television by the legendary… Read More ›
Apple’s Tim Cook Is Now A Billionaire After Heading The Company For Almost A Decade
With the Apple CEO Tim Cook nearing the milestone of leading the company for a decade now, he has also attainted another milestone of his on – he has now become a billionaire. With the jump in share price of… Read More ›
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