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If governments try to regulate cryptocurrencies without reaching a worldwide consensus, they will fail. FM A. Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman said on Sunday that a worldwide framework may need to be formed, and everyone will have to work together on it, before India takes any action on it, underscoring that global consensus is important for regulation of crypto. However, the Minister emphasized...
Gopuff leaving Spain and Focusing worldwide initiatives on the United Kingdom
According to the report it states that, Gopuff aims to shut down its operations in Spain in order to streamline its operations and get closer to profitability.
As the Firm existing Spain, the UK will be getting his focus on larger priority. It is one of the Gopuff's fastest-growing ...
Three worldwide awards for healthcare excellence have been bestowed to the UAE
The UAE received three international honours in three major categories at the Asia Healthcare Awards 2022, a prominent global event held in Singapore. The awards are an annual event that assesses and recognises the outstanding achievements of the Asian region's most notable healthcare profess...
Shearman & Sterling expands its worldwide M&A practice with the addition of Kok Jin Ong to its Singapore office
Kok Jin Ong, a Singapore-based counsel, has joined Shearman & Sterling's worldwide mergers and acquisitions group.
Jin specialises in energy and infrastructure M&A in the Asia-Pacific region, with a specific focus on energy, including renewables and other power transactions ...
Bitcoin drops rapidly
Highlights:
- Experts say Bitcoin is going under $10K this year
The mining ban in Kazakhstan and also the decision to hike rates by the United States Federal Reserve’s are the causes for the drop in crypto market. As soon as the Minutes of ...
India attends UN summit, vows to double non-fossil fuel targets
Highlights
- India attends first energy meeting under the UN General Assembly
- India announced the beginning of a Production Linked Incentive Scheme by 2025
India attended the first meeting in 40 years on energy under the UN Genera...
SCIENTISTS SAY ARTIFICIAL LIGHTS ARE CAUSING ANOTHER POLLUTION WAVE
HIGHLIGHTS
- Research shows that artificial light has an effect on the atmosphere on a fundamental basis and hence considered a form of pollution
A group of researchers from the University of Exeter says human illumination is increasing by 2% per...
SPENDING 2% COVID-19 DAMAGE CONTROL AMOUNT WILL SAVE THE NEXT PANDEMIC, SAYS ENVIRONMENTALISTS
HIGHLIGHTS
- Experts say, if man secures wildlife and forests, it would cost only 2% of the amount used in taming down the coronavirus.
In the last century, two infections a year routed from their untamed life and got into people, further wi...
RAGS TO RICHES – THE STORY OF DO WON CHANG, FOUNDER OF FOREVER 21.
Highlights –
- Do Won Chang is an American businessman who was born in Korea.
- He is the founder of Forever 21, a clothing retail store.
- Do Won Chang was born in a very poor family in Seoul, South Korea.
- Do Won Chang moved to California i...
CHEIL WORLDWIDE ACQUIRE COLOURDATA
HIGHLIGHTS
- South Korean company Cheil Worldwide Inc. owns Chinese company ColourData.
- The presence of Cheil Worldwide Inc. is set to increase in China.
- ColourData analyzes data using proprietary technology.
In the analytic...
GOOGLE LAUNCHES WEBSITE TO TRACK CORONA VIRUS CASES AND STATISTICS
Highlights:
- Google launches a basic coronavirus tracking website
- Will collate data from WHO, CDC and ECDC
With coronavirus amok in 157 countries and the count of infected cases and deaths needing constant updates, Google ...
Apple WILL CLOSE ITS RETAIL STORES TILL 27 MARCH: DELAYS LAUNCH OF SE2 & iPhone 12
Highlights:
- Apple gets hits by coronavirus effects
- Delays launch of SE2 7 and iPhone 12
- Announces shutting its retail stores till 27 March
With China still coping with t...
TOP 8 SUVs TO BE RELEASED IN 2020
Highlights:
- SUVs will be available in the markets in 2020.
- The list is formed after guide in-depth testing, vehicle's performance on the test track.
- After passing all the tests, the SUVs had made to the list.
SUVs are ...
REGULATORS NEED TO SPEED UP ON DIGITAL CURRENCIES
Highlights:
- Central banks are under pressure that Facebook’s Libra could reduce the control over money across the globe.
- G20 finance ministers stated that risks need to be evaluated before the global stablecoins start operation.
- The s...
CORONAVIRUS SHAKES GLOBAL OIL COMMODITY MARKETS
Highlights
- Oil markets at one point fell nearly 20%
- Wuhan virus in China has sent nervous reactions through worldwide oil commodity markets
The rapidly spreading virus in China has sent nervous reactions through worldwide commodity m...
YUAN SLUMP AFTER STOCKS FELL ON FEAR ABOUT CHINA VIRUS
Highlights:
- Yuan experienced a slump against the US dollar after a pneumonia-like virus in China spread a sudden risk aversion.
- The Yen jumped 0.15 percent and settled at 110.01 per dollar.
- Yuan fell to 6.8916 per dollar, which is marked as...
RUPEE DOWNS BY 7 PAISE
Highlights:
- Rupee slumps by 7 paise and is at 71.18 against the US dollar.
- IMF has trimmed growth projections for 2020 to 3.3 percent and for 2021 it projected at 3.4 percent.
- USDINR pair is expected to be in the range of 70.90 and 71.30 to...
USING TECHNOLOGY TO CALCULATE CARBON FOOTPRINT OF FASHION: THREDUP
Fashion Tech is the way to go. It is high time that technology helps fashion industry to reduce their carbon emissions. It has been reiterated multiple times that 50 per cent of carbon dioxide are generated from the fashion industry.
Startups like ThredUp are implementing technology in ...
TYRE PRODUCTION SHIFTS TO SOUTHEAST ASIA
High-cis polybutadiene rubber (PBR) will be exported to Southeast Asia. The supply of high cis PBR will be longer than expected this year. Deep-sea suppliers from China and India are exporting their produce to Southeastern Asia. However, a slump in auto markets can be experienced in China and Ind...
Meet the mother behind the real fur lashes line
From a side project at home to WORLDWIDE success: Meet the mother behind the real fur lashes line that creates a flutter with celebrities While most people know that having a' side hustle' as well as the normal 9-5 is advantageous, not everybody's adjacent work project is as productiv...