Customers and companies are looking for more cost-effective ways to ramp up renewable electricity generation from wind, solar and hydropower, deploy electric vehicles, charging stations, electrify buildings, and reduce methane from natural gas—a transformation that comes with significant benefits to global energy and the global economy. Still, with these benefits in mind Dr. Joe Nyangon, a…
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CluCoin (CLU) Launches Community-Driven Token on BSC
CluCoin (CLU) is a unique blockchain-based ecosystem based on hyper-deflationary CLU tokens. Binance Smart Chain (BSC), a fastest-growing smart contract environment, provides a technical framework for CLU progress. The project’s smart contract architecture is inspired by the overhyped project SafeMoon. CluCoin (CLU) passed a smart contract audit by leading cybersecurity vendor CertiK with the highest…
GULAGToken: The Cryptocurrency to Change Crowdfunding Space
GULAGToken is a community-based DeFi project which was fair launched in July 2021 on the Binance Smart Chain. GULAGToken provides all participants the power to govern major decisions regarding the token and its development. GULAGToken generates value for holders with 11% static reflections on all buy, sell or send transactions. GULAGTeam are working to create…
Pakistan invites operators to run Ferry Service on domestic and international routes
KARACHI, PAKISTAN: Maritime Ministry has invited investors and operators to run passenger-cum-cargo Ferry Service on both domestic and international routes. The ferry terminals at Karachi Port, Port Qasim and/or Gwadar Port would be established by the respective port authorities, replicating all the operational facilities related to security, immigration, customs etc. as that of any international…
What is Chief Executive Officer (CEO)?
A chief executive officer (CEO) is the highest-ranking executive in a company, whose primary responsibilities include making major corporate decisions, managing the overall operations and resources of a company, acting as the main point of communication between the board of directors (the board) and corporate operations and being the public face of the company. A…
What is a Global Depositary Receipt (GDR)?
A global depositary receipt (GDR) is a bank certificate issued in more than one country for shares in a foreign company. GDRs list shares in two or more markets, most frequently the U.S. market and the Euromarkets, with one fungible security, Investopedia suggests. GDRs are most commonly used when the issuer is raising capital in…
What is American depositary share (ADS)
An American depositary share (ADS) is an equity share of a non-U.S. company that is held by a U.S. depositary bank and is available for purchase by U.S. investors. The entire issuance of shares by a foreign company is called an American Depositary Receipt (ADR), while the individual shares are referred to as ADSs, Investopedia…
The Nasdaq Stock Market
The Nasdaq Stock Market, a trusted pillar of capital markets and innovation – providing US equities markets liquidity, resiliency and transparency to propel investment ideas into fruition. Solutions designed with the imperative to address evolving investor and issuer needs while elevating the trading experience for all market participants through a comprehensive suite of functionalities, order…
What is Carbon Capture and Storage (CCS)
Carbon capture and storage (CCS) or carbon capture and sequestration is the process of capturing emitted carbon dioxide (CO. 2), transporting it to a storage site, and depositing it where it will not enter the atmosphere, according to Wikipedia. Carbon capture, utilisation and storage, or CCUS, is an important emissions reduction technology that can be…
What is Memorandum of Understanding (MoU)
A memorandum of understanding is an agreement between two or more parties outlined in a formal document. It is not legally binding but signals the willingness of the parties to move forward with a contract, Investopedia suggests. The MOU can be seen as the starting point for negotiations as it defines the scope and purpose…
What is Initial Public Offering (IPO)?
The Initial public offering (IPO) is when a company issues common stock or shares to the public for the first time. It is the process by which a private company can go public by sale of its stocks to general public. It could be a new, young company or an old company which decides to…
Zhang Yiming stepping down from his role as CEO ByteDance Ltd.
SINGAPORE: Zhang Yiming, founder of ByteDance Ltd., will step down from his role as chief executive officer, media reported. The owner of the popular short-video app TikTok says human resources chief Rubo Liang will become the new CEO. Zhang Yiming is a Chinese billionaire internet entrepreneur. He founded ByteDance in 2012 and developed the news…