Transport Policies For World In Transition To Be Proposed By New Future Transport Group

A new body that will deal with the thorny questions revolving around the future of transportation including self-driving cars and electric vehicles us being launched by a group of business leaders and public policy experts. The new body is called the Commission on the Future of Mobility and was launched last week. A new regulatory…

Dubai Airports CEO Says Trillions Of Dollars Could Be Lost Without Common Travel Protocols

The global economy could lose out on trillions of dollars because countries and governments are yet to get together to draw a consensus about how to safely restart travel in the midst of the novel coronavirus pandemic, said the chief executive of Dubai Airports. “We don’t have an agreed testing procedure for a reliable, accurate…

‘Agonizing Milestone’ Of A Million Deaths Surpassed By The Coronavirus Pandemic Globally

The impact of the novel coronavirus pandemic surpassed the grim milestone of a total death toll of a million on Tuesday, according to official data, as the pandemic that first emerged in China at the end of last year, had devastated the global economy, has completely strained the health systems and changed the way people…

ByteDance And Oracle’s Conflicting Account Of TikTok Deal

There is an apparent discrepancy about the details of the deal that as struck between the Chinese tech company ByteDance an American companies Oracle and Walmart over the divestment of the Chinese firm owned short video sharing app TikTok with both parties issuing conflicting statements on the matter on Monday. The two American companies had…

After Accusations By Short Seller, Nikola Founder Trevor Milton Steps Down As Chairman

Following accusations by a short seller against the hydrogen and electric truck startup Nikola was misleading investors and overstating the value of a business deal, the company’s founder Trevor Milton has voluntarily stepped down as the executive chairman of the startup. Nikola said in a statement on Sunday that Milton has also resigned from the…

OECD Says Huge Loss To Global Economy Due To Closure Of Schools Amid Pandemic

Global economic growth for the rest of the current century could be lower by 1.5 per cent on the average because of the interruption to children’s schooling in the wake of the novel coronavirus pandemic, warned the Organization for Economic Cooperation and Development. For the United States, this projected loss of gross domestic product, which…