Top investment manager says climate crisis could reshape finance
BlackRock’s CEO Larry Fink recently claimed that climate change could trigger a fundamental restructuring of finance as it is worse than the inflation spike...
India’s restriction on palm oil hurts Malaysian refiners
Refiners from Malaysia are expected to be greatly hit with India’s restriction on refined bleached deodorized oils and palm olein imports.
The Indian Ministry of...
Microsoft CEO’s comment on India’s Citizenship Law drew backlash
Speaking at a Microsoft event in New York, the company CEO Satya Nadella expressed his remarks on the new Citizenship Amendment Act (CAA) of...
India to investigate Amazon and Flipkart over alleged illegal discount practices
The Competition Commission of India (CCI) has launched a massive investigation into eCommerce giants Amazon and Flipkart who were allegedly involved in unethical anti-competitive...
Saudi maintains stable oil supply amid growing tensions
Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman said they are taking significant measures to sustain oil market stability and prices at a time...
British airline Flybe maintains operations amid collapse threat
The England-based airline Flybe has maintained normal flights despite media claims that it is currently in talks over emergency financing following huge losses.
It was...
Hong Kong’s financial sector unmoved by protests
Hong Kong's Chief Executive Carrie Lam said their city’s financial strength remains intact despite the month-long protests launched against the government that has also...
Britain’s oldest department store at closure risk
The 140-year-old department store Beales, one of Britain’s oldest, is at risk of closing its 22 stores if it fails to find a buyer...
Despite criticisms, Facebook maintains policy on political ads
Social media site Facebook announced that it would stick on its policy allowing political ads on its platform despite criticisms that politicians only use...
US and China vowed to resolve economic disputes through comprehensive dialogue
Apart from inking the Phase 1 trade deal between the United States and China on January 15, the two nations have also agreed to...
