11May
05Aug
OPEC, Allies agree to boost Oil Output as demand roars Back
Summary: OPEC projects a systematic recovery for its crude this year and next, as the group has agreed on boosting oil output in demand since it was shattered in the pandemic. Producers will try to restore the capacity by increasing production by 400,000 barrels a day....
02Aug
Intel Is in Talks to Buy Global Foundries for about $30 Billion
Summary: Intel Corp, plans to buy Global Foundries, which is one of the largest specialists in chip production by overtaking their big customer AMD for about $30 billion. Although, the biggest deal by Intel so far is the purchase of $15.4 billion of Altera Corp.in 2015. Content: Intel Corporation...
29Jun
Maritime Regulator Sets Carbon Measures facing discord
Summary: The continuous global clamor for attention towards the ship’s carbon emission has pushed the International Maritime Organization to take measures to reduce pollution caused by ships. The IMO will also research market-based incentives for the purpose of adopting such mechanisms by 2024. Content: To face the...
20Jun
Brazil signs the United Nations Convention on International Settlement Agreements Resulting from Mediation
Summary: Brazil had signed the ‘Singapore Convention of Mediation’ on 4th June at the United Nations headquarters in New York. This Convention consists of the UNCITRAL Model Law and the key provisions lie in the first ten articles. Brazil is the fifty-fourth signing state of this multilateral...
20Jun
ICC WSF announces chain expansion of the certificate of origin accreditation
Summary: The Bandar Abbas Chamber (Iran), Los Angeles Area Chamber (United States), sixteen New Zealand Chambers, and thirty-one Irish Chamber now will benefit from the use of ICC’s internationally-recognized Certificate of origin (CO) label with their newly established International status as accredited members of the Certificate...
06Jun
A Landmark Dutch court decision Against Royal Dutch Shell made it compulsory to comply with the global climate policy
Summary: A court in Netherland has ruled that the oil giant Shell must condense its emission to align its policies with the Paris climate accords. With full awareness of the action on climate change, Shell has declared to appeal on the Court decision and has replied...
13Jan
Bangladesh Bank has set new plans for bank loan disbursements in financing green and sustainable projects
source: https://ec.europa.eu [source: tbsnews] On top of the current targets for green banking, the Bangladesh Bank has set new plans for bank loan disbursements in financing green and sustainable projects. The central bank's Sustainable Finance Department (FSD) issued a circular for banks in this regard Tuesday....
06Dec
Bangladesh has overtaken India in the Global Sustainable Competitiveness Index
[ Source: TBA] Bangladesh has overtaken India in the Global Sustainable Competitiveness Index 2020 (GSCI) by showing a significant improvement in utilising its resources more efficiently. Besides, the country leaped 17 notches ahead in the index, while India moved only three. With a global ranking of...
30Oct