COVID-19 Dents Telecom Industry Revenue
49Telecom stocks are the all-time tough stocks that survive stock market volatility. But the recent coronavirus COVID-19 pandemic that is buffeting the stock market may have an adverse impact on the telecom industry revenue which is stable, high performing, according to a financial analyst. The reason being the giants in the telecom industry have diversified […]
Airbnb Drops Internal Valuation by 16 Percent to $26 Billion
48Airbnb, the home-sharing business, has dropped its internal valuation to $26 billion, a drop of 16 percent from its most recent valuation, due to massive cancellations across the world following the spread of the coronavirus COVID-19. Airbnb’s last round of funding was in 2017 when it was valued at $31 billion. The short-term rental business […]
Climate Change: UK Carbon Emissions Hit Lowest Level Since 1988
45Britain brought down its greenhouse emissions by 3.6 percent in 2019, following a concerted effort to shift to renewables from coal use for power generation. A Department for Business Energy and Industrial Research (BEIS) report says that the United Kingdom’s net emissions of carbon dioxide were provisionally estimated to be 351.5 million tonnes (Mt), 3.9 […]
