With plans for making an investment in the United States worth $1.1 billion, British Petroleum (BP) is now venturing into the arena of offshore wind power for the first time. A 50 per cent stake in Equinor’s Empire Wind and Beacon Wind projects on the east coast of the United States will be acquired by…
Following uproar over the link of the Walt Disney film of “Mulan” having links with the Xinjiang region, major media outlets have been ordered by Chinese authorities not to cover the release of the film, said reports quoting information from sources. High hopes for the film making bog in China had been pinned by Disney…
A new research has found that in addition to the Amazon rainforest in Brazil, the phenomenon of trees live fast and die young as it happens in the warm climatic regions happens across all latitudes. And according to the new research, this trend can spell bad news for tackling the global climate crisis. Warmer conditions…
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…
Researchers at the Institute of Strategic Dialogue (ISD) have discovered one of the largest collections of online material reportedly owned by the group calling itself Islamic State. With an estimated 10,000 unique visitors a month, more than 90,000 items are contained in the digital library. This is one of the ways that extremist content on…
Following incidents when thousands of Americans received unwanted and un-purchased packages containing seeds in their mailboxes, most of which were traced back to China, e-commerce company Amazon.com has now banned the sale of foreign seeds in the United States. The unwanted and unsolicited bags contained seeds for more than a dozen plant species ranging from…
Etsy, the online marketplace for crafters, s able to make into the exclusive club of companies in the S&P 500 Index but the electric car maker Tesla could not. This was a move that surprised many market analysts after this inclusion was announce by the S&P Dow Jones Indices on Friday evening. It said that…
No major negative side effects of the use of Russia’s potential coronavirus vaccine was found in early results from trials according to a recent study published in the peer-reviewed medical journal The Lancet revealed on Friday. The Lancet article said that the trial for the vaccine was conducted on 76 healthy volunteers aged 18 to…
With the novel coronavirus pandemic forcing people to work from home necessitating the need for video conferencing to connect staff working from home, there has been growth in demand for Zoom’s services and consequently the company’s revenues jumped by more than 350 per cent year on year in the second quarter with its profits for…
The economic impact of the novel coronavirus pandemic has seen closure of hundreds of stores of retail chains and companies. Bur despite that situation, the legendary toy maker Lego is now getting ready to open 120 new shops in within this current year itself. The Danish toy firm still believes in a very solid future…
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