Author: omc_admin
When examining the on-again, off-again tariff proclamations of United States President Donald Trump during his second term in office, it is unclear what has actually been achieved. What is clear is that Trump’s tariff announcements have roiled global markets, wiping out trillions in value, and leaving many businesses stumped on how to plan for the future amid the never-ending uncertainty. Within days of being sworn into office for his second term, Trump imposed 25-percent tariffs on Mexican and most Canadian imports and 10 percent on China, arguing they needed to do more to stem the flow of fentanyl and undocumented…
With warehouse space tight and delivery timelines shrinking, more shippers are turning to drop-trailer programs to streamline operations. Here, Sam Burkhan, CEO of ITF Group, breaks down how these programs work—and why they’re catching on fast. What’s RelatedThe logistics industry thrives on precision, efficiency, and timely operations. Drop-trailer programs offer a multifunctional solution for shippers grappling with increasing demands and mounting operational costs. These programs enhance operational efficiency and provide the flexibility that modern shippers need to adapt to fluctuating demands. What is a Drop-Trailer Program? A drop-trailer program allows carriers to drop off trailers at a shipper’s facility without…
ICBC targets global green finance with a multi-currency bond issued via Hong Kong, Singapore, and Dubai branches. Bond proceeds will fund carbon neutrality projects, aligning with China’s national climate goals. U.S.-China trade tensions flagged as a risk, potentially impacting ICBC’s financial outlook. The Industrial and Commercial Bank of China (ICBC), the world’s largest lender, is launching a green bond offering in multiple currencies to back carbon neutrality initiatives, according to a term sheet seen by Reuters. The issuance will span several financial hubs: U.S. dollar-denominated bonds through ICBC’s Hong Kong and Singapore branches Offshore yuan bonds via the Dubai branch…
The European Parliament’s Committee on Economic and Monetary Affairs (ECON Committee) may propose significant reductions in the number of companies required to comply with the EU’s sustainability reporting and due diligence regulations, going well beyond the cuts proposed by the EU Commission’s Omnibus plan, according to a draft amendments report seen by ESG Today. The draft proposals follow the release in late February of the Commission’s Omnibus I package, aimed at significantly reducing the sustainability reporting and regulatory burden on companies, with proposals for major changes to a series of regulations including the Corporate Sustainability Reporting Directive (CSRD), the Corporate Sustainability Due…
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AXA IM’s SDR-labelled funds now total £1.2 billion in AUM, representing nearly 15% of its UK fund range. Two of its fixed income strategies are among the first to adopt the FCA’s new SDR ‘Sustainability Improver’ label. The labelled funds aim to support the transition to net zero by 2050, aligning financial performance with ESG priorities. AXA Investment Managers (AXA IM) has taken a pioneering step in the fixed income space by adopting the UK’s Sustainability Disclosure Requirements (SDR) ‘Sustainability Improver’ labels for two of its carbon transition strategies. The AXA Carbon Transition Global Short Duration and AXA Carbon Transition…
The pilot plant was established to conduct research and development for CO2 capture technologies using flue gas from gas turbines at the power plants. The plant has a capture capacity of approximately five tons per day, and through demonstration of innovative CO2 capture technologies for the next generation, will strengthen the competitiveness of the CCUS business. MHI has been researching and developing innovative CO2 capture technologies in collaboration with KEPCO since 1990. The operation of this new plant will strengthen that R&D structure, and enable demonstration tests using state-of-the-art equipment. In 2022, MHI announced an alliance with ExxonMobil, which enables…
The expansion is part of Phase II of IGL’s mission to connect all 357 villages of Delhi with PNG by the end of 2025.New Delhi: Indraprastha Gas Limited (IGL) on Thursday extended piped natural gas (PNG) supply to 111 additional villages in Delhi, taking the total number of villages covered under its network to 241. With over 13,000 km of gas pipeline infrastructure in place, the expansion brings PNG access to over 72,000 families across the capital.The initiative was formally launched by Delhi Lieutenant Governor Vinai Kumar Saxena, in the presence of Chief Minister Rekha Gupta and senior officials from…
Fake podcasts openly offering highly addictive drugs are rampant on Spotify — which is cracking down after a Business Insider investigation.BI found 200 “podcasts” that advertised the sale of opioids and other drugs — often without a prescription, in violation of federal law — and directed users to websites posing as legitimate online pharmacies.Many of the episodes BI reviewed were under a minute long and are less about content and more about pushing product, providing links to websites claiming to sell opioids like tramadol and oxycodone.”Buy tramadol online in just one click from [redacted] without a prescription with legal delivery…
Roblox is known as a Gen Z destination for gaming and hanging out. Could it soon also be the place young people go to shop?That’s Roblox’s stretch goal, at least.Roblox on Thursday said it was expanding its commerce program, allowing more creators and brands to sell physical items — think hoodies, lipsticks, plushies, and concert tickets — without leaving the platform. The commerce push forms part of a broader companywide ambition for Roblox to make up 10% of the $180 billion global gaming market. To do so, it’s diversified its revenue streams, generating income from subscriptions, the sale of virtual…