Going Electric: Carmakers make the switch

The latest to unveil plans was German group Daimler, maker of Mercedes Benz and Smart cars, which aims to be fully electric before 2030 — five years ahead of a deadline proposed by the European Commission. The Stellantis group, which owns brands Fiat, Chrysler, Jeep, and Peugeot amongst others, has ditched the development of internal … Read more

Ben & Jerry’s parent firm Unilever ‘firmly committed’ to Israel

The chief executive of Unilever on Thursday said the global consumer goods giant remains “fully committed” to doing business in Israel, distancing himself from this week’s announcement by the company’s Ben & Jerry’s ice cream brand to stop serving Israeli settlements in the occupied territories of the West Bank and East Jerusalem. Ben & Jerry’s … Read more

Hong Kong jumps nearly 2% as Asia-Pacific stocks rise; bitcoin bounces back

SINGAPORE — Shares in Asia-Pacific were higher on Thursday, with markets in Japan closed for a holiday. Hong Kong’s Hang Seng index was among the biggest gainers regionally, rising 1.83% to close at 27,723.84. Shares of China Evergrande Group surged 7.87%. Those gains came after the indebted developer announced it has solved legal disputes with China Guangfa Bank, according to … Read more

How Blockchain Can Help Combat Disinformation

Disinformation — that is, content that intentionally misleads for political or financial gain — is nothing new. But as we’ve seen over the last year, in particular, digital platforms have made it significantly easier to spread dangerous conspiracy theories, as patently false claims on topics as wide-ranging as the pandemic, racial protests, California wildfires, and presidential election … Read more

China’s crude oil runs hit record highs in June

BEIJING (Reuters) – China’s crude oil throughput hit a record high in June, rising 3.9% on a daily basis from the previous record set in May as more refineries resumed operations after maintenance. The country processed 60.82 million tonnes of crude oil last month, or 14.8 million barrels per day (BPD), data from the National … Read more