In case of a no-deal Brexit, companies across Europe could be cut off from their lenders overnight, warned the Bank of England while sounding an alarm on the risks of a no deal to City banks. The shock of Britain crashing out without a deal at the end of October would be able to be…
According to the conclusion of a new research, about half of the highest-emitting and publicly listed companies of the world do not give any proper consideration while decision making to the potential risks of their activities resulting the climate crisis while about a quarter of such companies do not make any disclosure about their carbon…
The French government is all set to impose a revolutionary “eco tax” on all each and every flight that leaves any of the airports in the country, the government has said. The French Transport Minister Elisabeth Borne said that starting 2020, €180m ($202m; £162m) is expected to be generated annually from the tax. The government…
The recent and the second worst Ebola outbreak is a “global wake-up call” for the world community about the increasing risks of outbreaks of diseases from conflict hit areas that are neglected by global power, warned the head of the World Health Organization. Dr Tedros Adhanom Ghebreyesus said that money is only put in by…
A recent study into the CVs of the employees of the Chinese tech giant Huawei has apparently shown that there are deep ties between the company and the military and intelligence agencies of China – an extent to which had not been earlier accepted by the Chinese company. The findings of the study showed that…
An order for Boeing’s 737 Max aircraft was recently cancelled by the low-cost Saudi Arabian airline Flyadeal. This decision by the airline compounds the problems for Boeing which is already reeling under the pressure of all of its 737 Max planes being grounded across the world following two consecutive deadly crashes involving the aircrafts. The…
Microsoft co-founder and billionaire Bill Gates offered a very interesting account of what he believes Apple Inc. founder Steve Jobs did to keep the company together during tough times. Gates said that in order to uphold the morale of Apple employees at high level and to spur them to work for long hours, Steve Jobs…
While Walmart is fighting hard to give matching rivalry to Amazon.com, it is also facing criticisms of the costs of that fight and that is creating some concerns among the investors of the in the company. The profitability of Walmart is being hit because of the company spending large amounts in investments such as purchasing…
Verisk Maplecroft, a research firm that specialises in global risk, has calculated that every year, over two billion tonnes of municipal solid waste is produced throughout the world which would be able to fill up more than 800,000 Olympic sized swimming pools. The study further found that the Americans are the leaders in waste production…
Facebook has been charged with a violation of the law on internet transparency of Germany and has been fined 2 million euros ($2.26 million) by the regulators in the country. The allegation against the largest social media platform of the world was that it had provided a distorted picture about the quantity of illegal content…
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