Business News

EU Commission Announces Multi-Billion Dollar Climate Projects

EU Commission Announces Multi-Billion Dollar Climate Projects

EU Commission Announces Multi-Billion Dollar Climate Projects The EU-Commission has proposed investments worth billions for ten new climate projects. The Brussels authority announced today that it will provide approximately ten billion euros for this purpose, which project partners will top up by at least the same amount. Specifically, it is about projects that are intended …

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Ford Stops Production In Brazil

Ford Stops Production In Brazil

Ford Stops Production In Brazil The US automaker For d will close its last three plants in Brazil this year. The reason for this is the slump in sales in South America due to the coronavirus pandemic, the company announced yesterday. According to a report by financial news agency Bloomberg, the closure will cut 5,000 …

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Fed Vows To Maintain Bond-Buying Until Substantial Progress In Recovery

Fed Vows To Maintain Bond-Buying Until Substantial Progress In Recovery

Fed Vows To Maintain Bond-Buying Until Substantial Progress In Recovery The Federal Reserve on Wednesday promised to keep funneling cash into financial markets further into the future to fight the recession, even as policymakers’ outlook for next year improved following initial rollout of a coronavirus vaccine. WASHINGTON (Reuters) – Repeating a pledge to keep its …

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Pornhub Was Boycotted By MasterCard

Pornhub Was Boycotted By MasterCard

Pornhub Was Boycotted By MasterCard The famous porn site has put a message of reassurance to its fans on the site, promising them safety and confidence. Following an opinion piece in the New York Times which called out both Pornhub for hosting nonconsensual and often illegal material, and the credit card companies for enabling the …

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Lowe’s Added $15 Billion To Its Stock Buyback Plans.

Lowe's Added $15 Billion To Its Stock Buyback Plans.

Lowe’s Added $15 Billion To Its Stock-Buyback Plans. Lowe’s shares rose Wednesday after the home-improvement colossus added  $15 billion to its stock-buyback plans, bringing the total authorization to $19.7 billion. The Street – “Underscoring its commitment to return excess cash to shareholders,” the board of the Mooresville, N.C., chain authorized the additional $15 billion buyback, …

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