BlackRock’s coal and oil power projects are suffering!
According to reports, BlackRock Inc. Managing Director Eduard Ruijs stated that investments in coal and oil-fired power generation projects will be difficult to come by. He said at an energy conference in Abu Dhabi that projects for natural gas-fired power plants could attract investment. BlackRock is a financial services company that focuses on investment management. […]
WORLD ECONOMIC MAGAZINE INTERVIEWS DR. HERBERT WIGWE (GROUP MD & CEO) OF ACCESS BANK PLC.
WORLD ECONOMIC MAGAZINE AWARDS INTERVIEW WITH DR. HERBERT WIGWE (CEO) OF ACCESS BANK PLC.
Lessons learned from the massive shift to online learning due to COVID-19
The surge in online learning in the People’s Republic of China during the coronavirus outbreak highlights the importance of infrastructure
Melbourne reopens as world’s most locked-down city eases pandemic restrictions
MELBOURNE, Oct 22 (Reuters) – Melbourne residents flocked to the city’s pubs, restaurants, and hair salons in the early hours of Friday after the world’s most locked-down city emerged from its latest spate of restrictions designed to combat the spread of COVID-19. Australia’s second-largest city has so far endured 262 days, or nearly nine months, […]
SoftBank is negotiating the sale of its French robotics business to Germany’s United Robotics
SoftBank Group Corp. plans to sell the robotics business behind its Pepper android to the United Robotics Group of Germany, shrinking the size of a once-promising growth driver. The decision has not yet been made, according to sources who are closely involved in the matter but are unwilling to reveal their identities because they are […]
The first successful Kidney transplantation test From a Pig on a human patient in medical history!
Doctors successfully performed an animal-to-human kidney transplant for the first time, possibly for the first time in medical history. The 54-hour surgical procedure to transplant a pig’s kidney into a brain-dead human was performed by Robert Montgomery, a transplant surgeon from New York. New York University Langone Health in New York City performed the procedure. […]
Australia’s Westpac flags $950 mln profit hit, led by institutional banking
SYDNEY, Oct 12 (Reuters) – Australia’s Westpac Banking Corp (WBC.AX) said on Tuesday it will take a one-off charge of $956 million against its second-half profit mainly due to a weaker earnings outlook at its institutional banking unit as well as remediation charges. The country’s second-largest lender by market capitalization said a protracted period of low rates, […]
The real estate market appears to be shaky as a result of China’s Evergrande crisis!
The Evergrande Real Estate Group is regarded as one of China’s largest property developers. On the Fortune Global 500, it was ranked 122nd. According to reports, the company is planning to sell a significant portion of one of its businesses. This deal appears to be worth more than $5 billion. However, if the deal goes […]
Samsung’s best quarterly revenue in three years is fueled by rising chip prices!
On Friday, Samsung Electronics Co Ltd reported a 28% increase in revenue, owing to rising memory chip prices as well as display revenues from the latest smartphone launches. The world’s largest memory chip and smartphone manufacturer forecasted a profit of 15.8 trillion won ($13.3 billion) for July-September, which was lower than the 16.1 trillion won […]
EXCLUSIVE US electronics firm struck deal to transport and hire Uyghur workers
QINZHOU, China, Oct 7 (Reuters) – U.S. remote-control maker Universal Electronics Inc (UEIC.O) told Reuters it struck a deal with authorities in Xinjiang to transport hundreds of Uyghur workers to its plant in the southern Chinese city of Qinzhou, the first confirmed instance of an American company participating in a transfer program described by some rights groups […]
