This planned sales come on top existing plans to sell non-core assets worth 2.5 billion euros by the first quarter of 2020. On Tuesday, French supermarket retailer Casino stated, it plans on cutting its debt while improving its financial performance… Read More ›
Plans are afoot to get bipartisan backing for this bill. On Thursday, two Democratic U.S. senators are set to unveil a bill which aims to reduce climate change by slapping a fee on oil, natural gas and coal; the bulk… Read More ›
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 ›
It appears that Bayer intends on creating another line of weedkillers other than Monsanto’s RoundUp, which is causing it lots of grief stemming from thousands of U.S. lawsuits. RoundUp contains glyphosate, which according to plaintiffs, causes cancer. On Friday, in… Read More ›
Footwear maker Crocs Inc to cut sourcing sourcing U.S. products from China to 10% in 2020, down from 30%. In a significant development, footwear maker Crocs Inc stated, it aims to cut the amount of U.S. products that it sources… Read More ›
Companies and governments around the globe are moving to mitigate the menace of plastic waste. In a significant development, German food delivery company Delivery Hero announced it has invested in biodegradable packaging manufacturer Bio-Lutions. The move comes midst companies and… Read More ›
Chinese Premier Li Keqiang has stated China will reduce the reserve requirement ratios (RRRs) for banks, and slash taxes and fees. Facing a multi-pronged trade action by the United States and the European Union, China, the world’s second largest economy… Read More ›
Although LNG will largely replace coal in the global energy mix, the forecast growth trajectory for CO2 emissions has been once again tied down to the oil and gas industry. These emissions are “far out of step” based on current… Read More ›
Warren Buffet stated Berskshire has additionally bought 75 million Apple shares. In a move that marks Warren Buffett’s, CEO of Berkshire Hathaway Inc, aggressive designs on Apple inc, he told CNBC that in the first three months of 2018 Berkshire… Read More ›
The draft proposal is aimed at significantly reducing the stock of bad loans in the European Union. On Friday, a source familiar with the matter at hand stated, the European Commission has prepared a draft proposal aimed at reducing the… Read More ›
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