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International Business Knowledge

 

Horizon University College shares evolving updates on international business trends, trade, and global market practices essential for UAE professionals.

China to have 58 mn kw nuclear power by 2020

SUC Editing Team International Business

Beijing, Nov 7 (IANS) China will have 58 million kilowatts (kw) of installed nuclear power by 2020 as it expands its clean energy network and pursues green growth, the country's energy regulator announced on Monday.

100 parties join Paris Agreement: UN official

SUC Editing Team International Business

​Marrakesh (Morocco), Nov 7 (IANS) The Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC), Patricia Espinosa, announced on Sunday that 100 parties formally joined the Paris Agreement on climate change.

Self-assessing carbon offset hugely inaccurate, shows study

SUC Editing Team International Business

​San Fransico, Nov 6 (IANS) A review of the way carbon offset credits have been used internationally to reduce carbon emissions suggests that the programme needs independent monitoring as it is now subject to inaccurate self-reporting.

UAE's energy firms launch first carbon capture project

SUC Editing Team International Business

​Dubai, Nov 6 (IANS) Two United Arab Emirates (UAE) companies announced on Saturday that they launched the first commercial-scale carbon capture, utilisation storage (CCUS) facility in the Middle East and North Africa.

Facebook reports $7 bn revenue in third quarter

SUC Editing Team International Business

New York, Nov 3 (IANS) Social media giant Facebook scored big in the third quarter of this year, reporting $7.01 billion in revenue and its daily active users (DAUs) stood at 1.18 billion on average as of September 2016, an increase of 17 per cent year-on-year.

Toyota develops app to start up car from smartphone

SUC Editing Team International Business

San Francisco, Nov 1 (IANS) Japanese car maker Toyota has developed an app called Smart Key Box that lets people use smartphones to access and start up a car.

The app would only allow users that have previously signed up for the shared-use car to operate it, providing a more secure way of lending and renting cars, Toyota said in a

Road connectivity puts Nepal region back on map

SUC Editing Team International Business

Kathmandu, Oct 30 (IANS) Road connectivity has put Jumla, an under-developed region in Nepal, back on the map.

Some 850 km away from Kathmandu and also the largest region in the Himalayan country, Jumla has always remained in isolation, reports Xinhua news agency.

Tata Steel announces equity pact for its Canadian iron ore mines

SUC Editing Team International Business

​Mumbai, Oct 28 (IANS) Tata Steel Minerals Canada, a joint venture between Tata Steel Ltd and New Millennium Iron Corp signed definitive agreements with Resources Quebec (RQ) and Investment Quebec (IQ) for concluding investments of Canadian dollar $175 million, the steel producer said on Friday.

Nepal Airline receives two Chinese planes

SUC Editing Team International Business

Kathmandu, Oct 28 (IANS) State-owned Nepal Airline Corporation (NAC) said it has initiated steps to bring four of the six Chinese aircraft it has contracted for, having received two.

Thailand to export insects to EU for human consumption

SUC Editing Team International Business

​Bangkok, Oct 27 (IANS) Thai firms are set to export insects for human consumption to the European Union (EU), authorities said on Thursday.

Thailand, among the world's largest consumers of insects, has some 20,000 insect farms, and products made from these invertebrates are also sold in processed forms such as

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