Major US companies with female CEOs quiet on Roe v. Wade issue
... chairman, said the Texas-based metal fabrication and recycling firm wouldn't be able to comment during a quiet period prior to its Q 3 earnings release. New York-based Nasdaq , led by CEO and president Adena T. Friedman, and Oregon-based Portland General Electric POR, led by CEO Maria Pope, did not want to comment. It's true that corporations have no obligation to align with either side of the debate. The high court could still issue a final ruling that departs from its draft, as some company executives ...
Updated: 05/12/2022
NTPC seeks term-loan of up to Rs 5,000 crore
... NTPC has invited bids to raise term-loan of up to 5,000 crore, which would be used for capital expenditure for ongoing or new electricity generation capacity addition projects. The proposal RFP document states that the loan proceeds will be used for capital ... ... renewable energy projects, coal mining washeries, renovation modernization program of various projects, refinancing of loans, and general corporate purposes. According to the document, the RFP is of up to Rs 5,000 crores of term-loan sought by NTPC Ltd. ...
Updated: 05/12/2022
China's Tibet Airlines says all passengers, crew evacuated
... according to unverified photos on social media. The plane involved is a nine-year old A 319, one of the smallest versions of the family A 320. According to, it is powered by CFM 56 engines from CFM International , a joint venture between General Electric GE.N and Safran SAF.PA. Airbus is aware of media reports about the incident and is making all efforts to assess the situation. Tibet Airlines is a regional airline based in Lhasa. According to, it has a fleet of 39 planes, including ...
Updated: 05/12/2022
Demand for ACs, inverters surges 62% in Tier-II cities, says report
... increase in the YOY. The report added that pan-India demand for ACs increased by 53 per cent and inverters 101 per cent and AC servicing by 54 per cent. The most sought-after top 10 AC brands in the country were Voltas , Daikin, Blue Star , O General, Mitsubishi Electric , Hitachi, LG and Lloyd. Among the inverters, Luminous, Microtek, V Guard, Su-Kam, Genus, Exide , Amarone, UTL, APC, and Smarten were the top 10 most searched brands on the platform. Demand for ACs increased by 30 per cent in Tier-I cities ...
Updated: 05/11/2022
Congo mines minister wants to cancel monopoly on artisanal cobalt
... Reuters - Democratic Republic of Congo Mines Minister Antoinette N'Samba Kalambayi wants to cancel a decree granting Entreprise Generale du Cobalt EGC a monopoly over artisanal cobalt produced in the country, she told Reuters on Wednesday. EGC was created ... ... December 2019 and officially launched on March 31st last year, but has yet to purchase any of the cobalt ore that is used in electric vehicle batteries. Artisanal miners, who dig cobalt with rudimentary means, are the second largest source of cobalt worldwide,...
Updated: 05/11/2022
Investments from global asset managers file climate resolutions
... company would announce its intentions when it decided. Shareholders will be able to vote on the resolutions at J-Power's annual general meeting on June 28. The shareholder resolutions were submitted by four Tokyo-listed companies last month by climate activist ... ... including Japan's Kiko Network and Australia's Market Forces . The four included Sumitomo Mitsui Financial Group and Tokyo Electric Power , known as Tepco. Under Japanese corporate law, shareholder proposals on climate change would usually have to be ...
Updated: 05/11/2022
U.S. FAA shifts gears on 'flying taxi'
... The Federal Aviation Administration FAA said Tuesday it had shifted its course on its approach to approving pilots of future electric vertical takeoff and landing aircraft eVTOL, but it doesn't expect it will delay certification or operational approvals.... ... transition into airplane mode for flying, and then transition back to helicopter mode for landing. Pete Bunce , head of the General Aviation Manufacturers Association GAMA , said in an email that the FAA decision is in our minds detrimental to safety ...
Updated: 05/10/2022
Investor Cathie Wood says global economy is in recession
... has dropped nearly 75% from its previous high in February 2021, and close to the low of $34.69, which it touched in March 2020 at the beginning of the coronaviruses epidemic. The company said at the webinar Tuesday that the fund added a position in General Motors Co because it believes that it is serious about its move into electric vehicles. It is its largest position in the world, and Tesla Inc is the largest. Despite its losses, ARK Innovation continues to draw the interest of investors. In the last 4 weeks, the fund has received positive net inflows, including $455....
Updated: 05/10/2022
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