BUSINESS

Chinas overseas coal power retreat could wipe out $50 billion of investment

Chinas overseas coal power retreat could wipe out $50 billion of investment

  • By Admin --
  • Wednesday, 22 Sep, 2021

China's pledge to stop building coal-fired power plants overseas could cull $50 billion of investment as it slashes future carbon emissions, analysts…

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Worldwide semiconductor market to grow by 17.3% in 2021: IDC

Worldwide semiconductor market to grow by 17.3% in 2021: IDC

  • By Admin --
  • Wednesday, 22 Sep, 2021

The worldwide semiconductor market is expected to grow by 17.3 per cent in 2021 versus 10.8 per cent in the previous calendar year, according…

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Maersk is now heading for biggest profit in Danish history

Maersk is now heading for biggest profit in Danish history

  • By Admin --
  • Wednesday, 22 Sep, 2021

A.P. Moller-Maersk A/S is now heading for a full-year profit that will match its combined results from the past nine years and make business history…

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US to probe Zooms USD14.7 billion Five9 deal for national security risks SECTIONSUS to probe Zooms USD14.7 billion Five9 deal for national security risks

US to probe Zooms USD14.7 billion Five9 deal for national security risks SECTIONSUS to probe Zooms USD14.7 billion Five9 deal for national security risks

  • By Admin --
  • Wednesday, 22 Sep, 2021

A US government committee that reviews foreign investment in telecom is probing videoconferencing company Zoom's $14.7 billion deal for cloud…

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Electric vehicles may cut global refining capacity demand by half in 2050: Rystad

Electric vehicles may cut global refining capacity demand by half in 2050: Rystad

  • By Admin --
  • Wednesday, 22 Sep, 2021

A global drive towards electrification of road transport to reduce carbon emissions may cut demand for the world's oil refining capacity…

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Evergrande Crisis hit firm strikes China debt deal

Evergrande Crisis hit firm strikes China debt deal

  • By Admin --
  • Wednesday, 22 Sep, 2021

The main property unit of Chinese real estate giant Evergrande has said it has struck a deal over a bond interest payment which is due on Thursday.

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Hundreds of Ford India workers protest over planned plant closure

Hundreds of Ford India workers protest over planned plant closure

  • By Admin --
  • Tuesday, 21 Sep, 2021

SANAND, India : Hundreds of workers at a Ford Motor Co factory in India's western Gujarat state protested outside the automaker's plant on Tuesday,…

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Google plans to buy office space in New York City for US$ 2.1 billion

Google plans to buy office space in New York City for US$ 2.1 billion

  • By Admin --
  • Tuesday, 21 Sep, 2021

Alphabet Inc-owned Google plans to buy an office building in Manhattan for US$2.1 billion, even as most of its employees work remotely and companies…

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