According to new research, China's CO2 emissions have decreased for the first time since the nation's economic recovery from the COVID pandemic first began. This rebound is suspected to be largely driven by widespread coal shortage as well as a decline in property developments. Lauri Myllyvirta, the lead analyst with...
Technology conglomerate Alphabet, the parent company of Google and multiple former Google subsidiaries, released its quarterly earnings statement on Tuesday and revealed some big news in the process. Aside from reporting a 36 percent increase in profit in the last three months of 2021, the company also unveiled plans...
Saudi Aramco is expected to join a group led by ACWA Power in an effort to build a $1 billion solar power plant. This plant will assist Saudi Arabia in its efforts to expand its renewable energy supply. With ACWA and partner Water & Electricity Holding Co. each expected to...
Retail sites for silver find themselves overwhelmed by an excess demand for both silver bars and coins this week. This surge in demand has likely rolled over from last week's frenzy, whereby an unprecedented amount of orders for physical assets were placed. As a result, silver futures surged by more...
The government of the United Kingdom has reportedly entered into talks with numerous pharmaceutical companies over the possibility of receiving early access to modified versions of existing coronavirus vaccines. This move comes as the United Kingdom looks to secure its place as one of the first countries to receive...
Britain's antiviral taskforce chair Eddie Gray hinted at Britain's interest in buying the molnupiravir, an experimental oral COVID-19 drug developed by Merck & Co Inc. While Gray declined to comment directly on any potential talks being held between Britain and Merck & Co Inc, he did mention the following: "We...
In response to the current global semiconductor shortage, Volkswagen has called on European governments to allocate more capital towards boosting the chip manufacturing sector. According to Markus Duesmann, the Volkswagen board member in charge of research & development and head of luxury unit Audi, the German vehicle manufacturer will not...
Anglo-Dutch food delivery company JustEatTakeaway.com announced on Wednesday that it expects to realize another sales surge in 2021 following its skyrocketing full-year earnings for 2020. This initial surge in online orders was spurred by the lockdowns that came as a consequence of the coronavirus pandemic outbreak in March 2020. JustEatTakeaway.com...
Electricity and gas distributor Enel SpA has decided to accelerate its shift towards greener energy sources with an additional investment of $191 billion in the project. According to documents published on Wednesday, this indicates a 6% increase from the company's previous investment plan. The Italian multinational gas manufacturer and distributor...
With the aviation industry in shambles following the outbreak of the coronavirus pandemic last March, engine maker Rolls-Royce plummeted to a record 4 billion-pound ($5.6 billion) loss for 2020. According to the British company's chief executive, the engine manufacturer still has enough funding to bounce back from this historic...