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World news
Energy giant BP exits Russian Rosneft grieved by Ukraine invasion
February 28, 2022 03:29 PM AEDT| By Sukriti NairHighlights British energy giant BP to exit from Russian Rosneft in response to Russian attacks on Ukraine. BP believes the Russian exit is in best long-term interest of all its shareholders. BP’s exit puts the spotlight on other Western .....
Portugal’s EDP Renewables to make Singapore its APAC clean energy hub
February 25, 2022 07:37 PM AEDT| By Sukriti NairHighlights Portugal’s EDP Renewables invests SG$1.1 billion in Singapore’s Sunseap. EDPR looks forward to making Singapore its APAC region clean energy hub. EDPR and Sunseap to reap synergy benefits of Singapore Green Plan 2030. .....
Russia, Ukraine Stand-off: How will it impact NZ growth funds?
February 24, 2022 07:47 PM AEDT| By Team Kalkine MediaHighlights Russia declares war on Ukraine. Economic sanctions imposed by the US. Growth funds and KiwiSaver to sell their share held in Russian companies. Even as Russia launched a full-scale invasion campaign against Ukraine, New Z.....
Here’s why Ukraine is so important for Russia and the West
February 24, 2022 05:35 PM AEDT| By Sukriti NairHighlights Russia will begin military operations in Eastern Ukraine, announced President Putin today Europe and West would bear the brunt of Putin’s move as supplies from Russia and Ukraine might get impacted. Russia-Ukraine crisis can p.....
Russia declares war on Ukraine: How Biden & other world leaders are reacting
February 24, 2022 04:19 PM AEDT| By Khushboo JoshiIn a significant development, Russian President Vladimir Putin today (February 24) announced a ‘special military operation’ in Ukraine. Putin has also warned other nations that if they try to interfere with this Russian activity, it wou.....
Russia announces ‘military operation’ in Ukraine, warns West
February 24, 2022 03:09 PM AEDT| By Bhawna GuptaRussia will begin military operations in Eastern Ukraine, according to Russian President Vladimir Putin, in what appears to be the final build-up to an attack that the US and its European allies have been trying to avoid for weeks through diplomati.....
Ukraine declares emergency, asks citizens to leave amid Russia threat
February 24, 2022 11:47 AM AEDT| By Sanjeeb BaruahHighlights The situation at the Ukrainian border remained tense after President Vladimir Putin on Feb 21 recognized the sovereignty of the rebel-held Donetsk and Lugansk People’s Republics. Foreign Minister Dmytro Kuleba has appealed for .....
Emissions Targets Set by Large Firms: Promises Made - Promises Kept?
February 24, 2022 03:00 AM AEDT| By 3BL“Put your stakes in the ground to set expectations with your company’s investors and other stakeholders.” That is among the pieces of expert advice often offered to newly-named CEOs....
Trump’s Truth app tops Apple (AAPL) store downloads; Can it rival FB?
February 23, 2022 07:48 AM AEDT| By Versha JainTruth Social app, launched by ex-president Donald Trump-led Trump Media & Technology Group (TMTG), was downloaded around 170,000 times since its launch on the Apple Inc (AAPL) store app on Sunday evening. Although Trump’s clash with Face.....
World Environment Center Elects 2022 Board Officers
February 23, 2022 06:30 AM AEDT| By 3BLFebruary 22, 2022 /3BL Media/ - The World Environment Center (WEC) Board of Directors has elected new Officers to lead the organization in 2022. The Board thanks its outgoing Chair, Scott Tew, VP Sust...
Ukraine crisis: What Western sanctions mean for Russia?
February 23, 2022 03:56 AM AEDT| By Sanjeeb BaruahThe United States and its allies are considering a series of sanctions against Moscow in the wake of the Russian annexation of the two “breakaway” regions of Ukraine this week. President Vladimir Putin on Monday ordered troops into Don.....
Apple supplier Luxshare plans to raise US$2.1B for expansion plans
February 22, 2022 06:09 PM AEDT| By Bhawna GuptaHighlights Apple supplier Luxshare plans to issue a total of 2.1 billion shares to up to 35 investors. The new share issue is subject to shareholders and regulatory approvals. The company will use the money to manufacture intelligent wearable .....
Crypto firm Amber Group gets a Temasek valuation of US$3B
February 22, 2022 04:22 PM AEDT| By Sukriti NairCrypto firm Amber Group has bagged in a valuation of US$3 billion from investment company Temasek. Amber group has raised US$200 million in its recent funding round led by the Singapore based Temasek. Besides Temasek, Sequoia China, Tiger Global Ma.....
Tech sector gyrates between gains and losses as FB, GOOGl face heat
February 17, 2022 07:32 AM AEDT| By Rupam RoyThe US technology sector swung between gains and losses as various issues bogged down the industry. Besides global supply woes, the heavyweights in the industry face an increasing regulatory heat that could potentially reshape their processes and e.....
Singapore Airlines becomes the first airline to sign the Global SAF Declaration
February 16, 2022 08:44 PM AEDT| By SamtaHighlights Singapore Airlines has signed the Global Sustainable Aviation Fuel (SAF) Declaration. SIA has partnered with Safran, Airbus, and Rolls-Royce to sign the Declaration. SIA is actively accelerating the usage of SAF in Singapore w.....
What does NZ’s AI-tech start-up Soul Machines want to do with latest funding?
February 15, 2022 07:56 PM AEDT| By SonalHighlights Soul Machines raised US$70 million in Series B1 financing on Monday. SoftBank Vision Fund 2 was the lead investor, with fresh investors joining in as well. New investment will help the company in pursuing deeper research into replic.....
On 20th anniversary, PayPal (PYPL) caps era of growth, sets new goals
February 15, 2022 11:38 AM AEDT| By Rupam RoyPayPal Holdings, Inc. (NASDAQ: PYPL), which marks its 20th anniversary on Tuesday, has benefited from the increased digitalization. The demand for digital payment services, accelerated by the rapid growth of eCommerce, helped the company expand its.....
AMD finalizes US$50-billion Xilinx purchase in industry’s biggest deal
February 15, 2022 08:16 AM AEDT| By Sanjeeb BaruahHighlights AMD had announced the deal with Xilinx Inc (XLNX) in October 2020. At the time, the chip manufacturer was valued at US$35 billion. But the XLNX stock’s price gains have pushed the valuation higher. In what is being call.....
WEC President & CEO Glenn Prickett Interview With Peter Schnurrenberger, Chief SHE Officer at Roche
February 15, 2022 06:30 AM AEDT| By 3BLFebruary 14, 2022 /3BL Media/ - WEC President & CEO Glenn Prickett spoke with Peter Schnurrenberger, Chief SHE Officer at Roche, on the eve of his retirement to discuss his work at Roche and his v...
Ford Motor Co (F) mulls setting up EV manufacturing hub in India
February 12, 2022 10:00 AM AEDT| By Sanjeeb BaruahFord Motor Co (NASDAQ: F) may produce electric vehicles in India for exports, the company said on Friday, months after it announced the closing of operations in the country due to lack of profitability. In a statement on Friday, cited by Reuters, .....
