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Business

Keeping it clean: U.S. ethanol producers invest in sanitizer for long haul

By theocracyofthepalecom October 15, 2020October 9, 2020

NEW YORK - Red River Biorefinery in Grand Forks, North Dakota, came online in April, arguably the worst time for an ethanol facility to begin operating as the coronavirus pandemic…

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Business

Danske Bank to cut 1,600 jobs within a year

By theocracyofthepalecom October 14, 2020October 9, 2020

COPENHAGEN - Danske Bank said on Thursday it will cut up to 1,600 jobs in the next 6-12 months as part of a cost-reduction programme that runs to 2023. Denmark’s…

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Business

Hyundai to voluntarily recall Kona EV over battery fire concerns: South Korea ministry

By theocracyofthepalecom October 13, 2020October 9, 2020

SEOUL - Hyundai Motor Co will voluntarily recall its Kona electric vehicles as a possible short circuit due to what may be faulty manufacturing of its high-voltage battery cells could…

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Business

JPMorgan pledges $30 billion to address racial wealth gap

By theocracyofthepalecom October 12, 2020October 9, 2020

JPMorgan pledges $30 billion to address racial wealth gap JPMorgan Chase & Co JPM.N said on Thursday it would commit $30 billion to address racial inequality over the next 5…

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Business

EasyJet warns first ever annual loss could top $1 billion

By theocracyofthepalecom October 11, 2020October 9, 2020

LONDON - British airline easyJet EZJ.L warned on Thursday its first ever annual loss could be as much as 845 million pounds ($1.1 billion) as the pandemic meant it was…

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Business

Dutch bank ING cuts carbon emissions linked to power industry lending

By theocracyofthepalecom October 10, 2020October 9, 2020

LONDON - Dutch lender ING has sharply cut the carbon emissions linked to its lending to the power industry over the past year after reducing funding to coal-fired power plants…

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Business

Australia casino boss Packer says junkets help skirt China money controls

By theocracyofthepalecom October 9, 2020October 9, 2020

SYDNEY - Australian casino magnate James Packer said on Thursday he may have to cut his stake in his company for it to keep its licence and declared he would…

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