There is increasing concern among French wine-makers about the threats by United States president Donald Trump of imposing import tariffs on French wine in retaliation to the tax on global technology giants imposed recently by the French government of Emmanuel Macron. In case such a tariff is indeed imposed by Trump, it could adversely impact…
The postponement of a trip to Denmark by the United States president Donald Trump, ostensibly because the European nation’s prime minister did not show interest in selling off Greenland to the United States has made many curious around the world. Postponement of the visit was announced by Trump on Twitter saying: “based on Prime Minister…
Reducing carbon emissions from only cars, factories and power plants would not suffice to find a solution to fight the climate crisis, claimed scientists according to a report published by The Guardian. Scientists have claimed that unless there is also a transformation in the way the world produces food and manages land, it would not…
A recent research report published by the International Institute for Sustainable Development (IISD) found that there can be a revolution in clean energy production if government and other organizations just switch some of the huge subsidies that are given to support fossil fuel projects. The report said that such a situation will lead to significant…
After running into a tiff with the Indian government on a second occasion within a short span of time, ByteDance, one of the largest social media companies of China and the owner of hugely popular video sharing app TikTok, is trying to scramble out a solution to protect its business in its largest market –…
Korean workers who were once forced to work for the Japanese company Mitsubishi during the colonial-era now want a court to pass a verdict which would allow compensation of their ordeals for forced labor back then from the sale of assets of their former Japanese employer. It has been years that the issue has been…
After France decided to impose a tax on tech giants for revenues made in the country – which would impact American tech companies such as Google and Facebook, and Britain introducing a very similar bill in its parliament, a formal investigation into some activities of the American e-commerce giant Amazon has been now launched by…
The plan of United States tech giant Google to launch a search engine limited by censorship in China has been cancelled by the company, said an official of the company. The project faced criticism from various corners including in the US and had collected some controversy. While there were reports that had suggested that the…
Johnson & Johnson has been facing a tough time after allegations that its talc-based baby powder was cause of ovarian cancer and mesothelioma leading to multiple court cases. The company has also been facing charges that it was behind the opiod crisis in the United States. The company however has pledged to create a solid…
The Swedish furniture company Ikea is on a cost cutting spree and would be shutting down its only factory in the United States in December this year. The factory is situated in Danville, Virginia and all production work in the factory would be shifted to Europe. The company says that the logic behind the decision…
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