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Oil Giant Shell Targets Commercial Production Of Sustainable Aviation Fuel

Royal Dutch Shell wants to encourage airlines around the world to reduce greenhouse gas emissions and plans to start producing low-carbon jet fuel at a commercial scale by 2025.   The lack of alternative technologies to jet fueled-engines has made the aviation sector to be one of the...

Union Building Effort At Amazon’s Nine Canadian Sites By Teamsters: Reuters

Campaigns to organize employees to form a trade union at least nine Canadian facilities of the United States based e-commerce giant Amazon.com was launched by the Teamsters Union of Canada, according to a report from Reuters based on interviews with union officials.   As a first step, the...

GM To Make Changes In Supply Chain Over Chips, Says CEO Barra

The largest American auto company General Motors Co is planning to bring in changes to its supply chain as a part of its strategy to combat the continuing global semiconductor chip shortage that has prompted mots companies to curb production, said the firm’s Chief Executive Mary Barra on Friday....

Stellantis Plans A Strong Push Into The Challenging Indian Market With Its Citroen Range

Carmaker Stellantis is trying to expand its business outside of its stronghold of Europe and enter into the emerging markets where the company has limited exposure. As a part of this strategy the company is planning for the launch of a new model in India and Latin America next year under its...

Apple Ordered to Relax Rules By US Judge For Its App Store

A US federal judge ruled that Apple Inc's App store rules were invalid on Friday. This allowed the company to allow developers access to other payment methods, which was a win for Epic Games and other app creators.   The judge didn't require Apple to allow app developers to use their in-app...

Google Sets Target Of Replenishing 20% More Water Than It Uses By 2030

Alphabet Inc's Google plans to replenish 20% of the water it uses in its offices and data centers by 2030, the company announced on Thursday. This is in response to concerns over water-guzzling tech facilities during record droughts.   In a blog post, Kate Brandt, Google Chief Sustainability...

Amazon To Finance Its Employees College Fees Worth $1.2 Billion

Amazon today announced that it will cover 100% of tuition costs for approximately 750,000 hourly U.S. employees. Amazon estimated that this new benefit, along with the training it will provide, would require an investment of $1.2Billion by 2025.   Amazon's announcement follows other major...

Toyota Lowers Production Target By 3% Due To Semiconductor And Chip Shortage

Toyota Motor Corp. lowered its annual production target to 300,000 vehicles Friday due to rising COVID-19 infection rates at parts factories in Vietnam, Malaysia which has added to a global shortage for auto chips.   After the company revised its production targets, Kazunari Kumakura, an...

Apple To Delay Rollout Of Its New Child Safety Features Following Criticism

Following criticism of Apple Inc’s proposed child safety features both outside and inside the company over the issue of privacy of the system, the iPhone maker announced that it would postpone implementation of the feature for collecting more feedback on the system so that the system can be...

American Firms Speak Out Against Law Changes In Texas, Including The New Abortion Law

Displeasure on issues such as the new Texas laws on abortion, handguns, and voting limitations were expressed by a host of the companies in the United States which includes the likes of Lyft Inc, American Airlines Group Inc and Silicon Laboratories Inc, this week. This is being viewed as renewed...

Its Fintech Business Will Be Shrunk And Stock Broker Ops Sold, Says ByteDance

The financial services business of the Chinese firm ByteDance, the owner of the short video haring app TikTok, will be shrunk down while it would sell off its stock broking business unit, the company said on Wednesday, in the face of Chinese regulatory authorities clamping down on the financial...

Headquarter Employees Of Nike To Get A Week's Break To Beat Pandemic Burnout

Sport wear giant Nike has given a week off to all of the its staff at the company’s corporate headquarters in Oregon for them to support their mental health prior to them returning back to the office for regular jobs.   Starting Monday, the US firm has decided to "power down" to give rest...
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