July2024
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Brazil’s Amazon sees worst 6 months of wildfires in 20 years
Jul 2, 2024According to satellite data released on Monday, the Brazilian Amazon saw 13,489 wildfires in the first half of the year—the highest number in 20 years. Experts attribute the increase in the amount to the catastrophic drought... -
Sheikh Hasina seeks ADB’s support in implementing blue economy
Jul 2, 2024Today, Prime Minister Sheikh Hasina asked the Asian Development Bank (ADB) for assistance in developing the blue economy and harvesting all resources found within the nation’s marine borders. When vice president of the Asian Development Bank... -
Renault’s EV unit Ampere to team up with LG Energy Solution and CATL
Jul 2, 2024Renault’s electric vehicle unit Ampere said on Monday it would include lithium iron phosphate (LFP) technology in its plans to mass produce EVs, teaming up with LG Energy Solution (LGES) and CATL to build a supply... -
Blackstone is nearing a deal to sell Alinamin Pharmaceutical to MBK Partners
Jul 2, 2024Private equity firm Blackstone is nearing a deal to sell Japanese supplement maker Alinamin Pharmaceutical to North Asian buyout fund MBK Partners for 350 billion yen ($2.17 billion), a person with direct knowledge of the matter... -
Tesla’s June-quarter deliveries likely fell 6%
Jul 2, 2024Tesla’s June-quarter deliveries likely fell 6%, the first time the top EV maker is set to post two straight quarters of decline, as it deals with stiff competition in China and slow demand due to a... -
Microsoft is consolidating its retail channels in mainland China
Jul 2, 2024Microsoft is consolidating its retail channels in mainland China, the firm said in response to media reports that it is closing its network of authorised physical retailers in the world’s second-largest economy, reports Reuters. Microsoft did... -
A workers’ union at Samsung Electronics called a strike for July 8-10
Jul 2, 2024A workers’ union at Samsung Electronics in South Korea has called a strike for July 8-10, a union official said on Tuesday, as it steps up industrial action against the country’s most valuable company. The union... -
The World Bank Group started operating a new one-stop-shop loan and investment guarantee platform
Jul 2, 2024The World Bank Group said on Monday it had started operating a new one-stop-shop loan and investment guarantee platform which it hopes will triple the provision of guarantees and risk insurance provided around the world to... -
Prices in British shops rose at the slowest pace in almost three years last month
Jul 2, 2024Prices in British shops rose at the slowest pace in almost three years last month, according to industry figures that underscore how inflation has cooled even if Prime Minister Rishi Sunak is unlikely to see much... -
US dollar hovered near an almost 38-year high to the yen
Jul 2, 2024The U.S. dollar hovered near an almost 38-year high to the yen on Tuesday following a surge in Treasury yields as investors contemplated the potential for a second Donald Trump presidency. The euro remained firm as...
