Low carbon world needs $1.7 trillion in mining investment
Mining companies need to invest nearly $1.7 trillion in the next 15 years to help supply enough copper, cobalt, nickel and other metals needed for the shift to a low carbon world, according to consultancy Wood Mackenzie. The United States, Britain, Japan, Canada and others raised their targets on cutting carbon emissions to halt global […]
Traders book tankers in Europe to ship gasoline across Atlantic after Colonial shutdown
Traders provisionally booked at least six tankers to ship gasoline from Europe to U.S. destinations following a cyber attack that shut the United States’ top fuel pipeline network, Refinitiv Eikon data showed on Monday.
Despite highest birth rate, Shenzhen shows challenge of reversing China’s demographic decline
From her four-bedroom flat in an affluent Shenzhen neighbourhood Sharpay Huang, 28-years-old and four months pregnant, is already weighing up how long to wait before having a second child. After graduating from a U.S. college, starting a banking career and getting married, her confidence is typical of many young professionals in the thriving southern technology […]
The launch of a new communication network has been announced by Donald Trump
Donald Trump, the former US president, has introduced a new “communications platform” named “From the Desk of J Donald Trump.” The reports come weeks after he was banned from some of the other social networking sites, and just days before Facebook makes a decision upon its ban. According to reports, Trump may come back to […]
A Chinese county has banned birthday parties in order to save money!
Birthday parties and other events were specifically prohibited in a county in southwestern China, apparently in response to demands from the central government to be more financially secure. As a result, new funeral and wedding laws were enforced, such as prohibiting cash gifts worth more than 200 yuan (£22, US$31). The laws only extend to […]
The CEO of Google sends an email detailing the company’s resumption of operations
As the lockdowns begin to ease, Google’s CEO sent an email to employees encouraging them to return to work three days a week. The business began reinstalling workplaces in April but has only recently revealed how it intends to implement a new hybrid operating week. In his email, Sundar Pichai extols the virtues of office […]
Australia’s Star eyes Crown in $7 bln play, vies with private equity
Australian casino operator Star Entertainment Group (SGR.AX) on Monday proposed an all-stock buyout of larger rival Crown Resorts Ltd (CWN.AX) that it valued at A$9 billion ($7 billion), taking on two private equity giants for control of the troubled company.
South Africa warns of ‘vaccine apartheid’ if rich countries hog shots
South African President Cyril Ramaphosa receives the Johnson and Johnson coronavirus disease (COVID-19) vaccination at the Khayelitsha Hospital near Cape Town, South Africa, February 17, 2021.
U.S. expresses ‘serious concerns’ about violent clashes in Jerusalem
U.S. National Security Adviser Jake Sullivan on Sunday expressed “serious concerns” to his Israeli counterpart about violent clashes in Jerusalem sparked by planned evictions of Palestinians from East Jerusalem, the White House said in a statement. Sullivan in a phone call with Israeli National Security Adviser Meir Ben-Shabbat “encouraged the Israeli government to pursue appropriate […]
Amid opposition, Japan PM says has “never put Olympics first”
The Olympic rings are pictured in front of the International Olympic Committee (IOC) headquarters during the coronavirus disease (COVID-19) outbreak in Lausanne, Switzerland, January 26, 2021. REUTERS/Denis Balibouse/Files Japanese Prime Minister Yoshihide Suga said on Monday that he has never “put the Olympics first”, the same day an opinion poll showed nearly 60% of people […]
