Norway‘s $1.2 trillion wealth fund put Malaysia’s Supermax Corp under observation for two years on Wednesday, citing unacceptable risk that the company contributes to serious violations of human rights. “The Executive Board has made the assessment that the company’s announced measures to improve living and working conditions for migrant workers leave uncertainty about future developments,” the fund said in a statement. The fund added it has also revoked… Continue reading Norway wealth fund puts Malaysia’s Supermax Corp under the scanner
Category: News Type
Malaysia’s Petronas launches clean energy firm for carbon-free push
Malaysia’s Petronas on Thursday announced the establishment of a new clean energy solutions company, Gentari, as part of a global push by the state oil firm to produce carbon–free energy. Petronas, the world’s fourth-largest exporter of liquefied natural gas (LNG), in 2020 said it was stepping up investments in hydrogen and expanding its portfolio in renewable energy. Wholly-owned by Petronas, Gentari has been tasked with helping deliver renewable energy,… Continue reading Malaysia’s Petronas launches clean energy firm for carbon-free push
@Groupe PSA: OP wheels for the world000386
In the beginning there was the penny-farthing On a trip to Paris in 1884, Adam Opel became acquainted with the penny-farthing – in the French capital, wheels were already a natural means of transportation. The entrepreneur spontaneously decided to buy such a device. However, it was still several months before the company’s first own model… Continue reading @Groupe PSA: OP wheels for the world000386
@Groupe PSA: OP What can e-fuels do?000385
E fuels The liquid fuel is artificially produced using regenerative resources. It can be used in combustion engines just like fossil fuels. E-fuels burn in a climate-neutral manner – only as much CO2 is released as was previously bound in the production process. Opel Post: Mr. Eitel, Mr. Döhler, Opel is part of “C3-Mobility”, a… Continue reading @Groupe PSA: OP What can e-fuels do?000385
SITA AND ALSTEF GROUP SIGN PARTNERSHIP AGREEMENT TO LAUNCH SWIFT DROP
The fast, intuitive interface means passengers can quickly check their bags, avoiding long queues at traditional check-in points. This will give passengers more time to spend airside, providing a boost to airports’ retail revenues. Passengers simply print their own bag tags without need for assistance and load their baggage directly onto the accessible conveyor. Part… Continue reading SITA AND ALSTEF GROUP SIGN PARTNERSHIP AGREEMENT TO LAUNCH SWIFT DROP
Automation Solution Market – 48% of Growth to Originate from APAC | Evolving Opportunities with ABB Ltd. and Hitachi Ltd. | Technavio
NEW YORK, June 16, 2022 /PRNewswire/ — The Automation Solution Market size is expected to grow by USD 3.45 billion at a CAGR of 5.37% as per the latest market report by Technavio. 48% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for the automation solutions market… Continue reading Automation Solution Market – 48% of Growth to Originate from APAC | Evolving Opportunities with ABB Ltd. and Hitachi Ltd. | Technavio
Tata Motors Limited files Annual Report on Form 20-F for Fiscal Year 2022
MUMBAI, India, June 16, 2022 /PRNewswire/ — Tata Motors Limited (the “Company”) (NYSE: TTM) (BSE: 500570) (BSE: 570001); (NSE: TATAMOTORS) (NSE: TATAMTRDVR) announces that it has on June 15, 2022 filed its annual report on Form 20-F for the fiscal year ended March 31, 2022 (the “Form 20-F”) with the U.S. Securities and Exchange Commission… Continue reading Tata Motors Limited files Annual Report on Form 20-F for Fiscal Year 2022
Global port congestion, high shipping rates to last into 2023
Spot chartering rates have held firm so far this year, with supply chain disruptions and port congestion affecting ships globally, particularly in the United States and China. SINGAPORE: Global port congestion is set to continue until at least early 2023 and keep spot freight rates elevated, logistics executives said on Wednesday, urging charterers to switch… Continue reading Global port congestion, high shipping rates to last into 2023
Proposed reforms to WTO will hurt developing nations: India
With no substantial outcome at sight, the WTO secretariat on Wednesday announced that the ministerial would be extended by a day, till June 16, even as hectic parleys are expected to continue all throughout the night. India on Wednesday expressed concern that some suggestions on reforming the World Trade Organization (WTO) could give rise to… Continue reading Proposed reforms to WTO will hurt developing nations: India
Green transition in India not fast enough, experts
Green transition New Delhi: India has been taking steps to curb air pollution but the transition to a green economy is not fast enough, experts said on Wednesday, calling on the government to adopt a proactive approach to reduce emissions. The comments came a day after a study by a US-based research institute said that… Continue reading Green transition in India not fast enough, experts