• Contact
  • Privacy Policy
Blacksonrise.com
DONATE
  • Home
    • Caribbean
    • African American
    • African
    • Australian
    • Papua New Guinea
  • Videos
    • Blacksonrise Interviews
    • Blacksonrise News
  • Ecourses
  • Herbs
  • Consultation
  • Login
    • LogOut
No Result
View All Result
  • Home
    • Caribbean
    • African American
    • African
    • Australian
    • Papua New Guinea
  • Videos
    • Blacksonrise Interviews
    • Blacksonrise News
  • Ecourses
  • Herbs
  • Consultation
  • Login
    • LogOut
No Result
View All Result
Blacksonrise.com
No Result
View All Result

Boardroom briefing: Boeing’s new CEO, Pacific businesses help OZ, and banks vs the climate emergency

blacksonrise by blacksonrise
January 14, 2020
in Papua New Guinea Business
0
Boardroom briefing: Boeing’s new CEO, Pacific businesses help OZ, and banks vs the climate emergency
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

The Boeing Company gets a new CEO, small Pacific businesses help Australia, and banks to curb investments in fossil fuels. Readings from around the world on business, leadership and management.

Getting a brand back on track

Credit: Boeing

After a major accident in Indonesia in 2018 and one in Ethiopia in 2019, Boeing has been under close scrutiny by airlines and governments worldwide – and its reputation has been seriously affected.

As a result, the company announced it would temporarily halt the production if its bestselling plane, the 737 MAX, to fix ‘software problems’ linked to the accidents. But will this fix it major PR problem and restore trust in its users?

PNG’s national airline, Air Niugini, opted to cancel its four Boeing 737 MAX aircraft orders in November last year. Its Managing Director, Alan Milne, said: ‘I can tell you we won’t be getting the Max in 2020 or 2021’. The company is  deliberating what between the Embraer E2 and Airbus A220 to upgrade its fleet.

What about Boeing?

The company is set to change its narrative and has appointed David Calhoun as President and CEO of The Boeing Company. Calhoun has served on Boeing’s board for a decade and knows the ins and outs of the 104-year-old company. In a statement he said: ‘With the strength of our team, I’m confident in the future of Boeing, including the 737 MAX.’

It’s been reported that if he gets the 737 Max safely in the air, he will get a US$7 million bonus. Will he do it?

Advertisements

Story continues after advertisment…

Pacific businesses join to help Australia

A coffee shop in Fiji, Weta Coffee, donated its Monday profits to the Australian Red Cross to help those who have lost everything in the fires that have destroyed over 10 million hectares (100,000 sq km or 15.6 million acres) of bush, forest and parks across Australia. The cafe transferred F3,000 (A$2,000) and other SMEs, such as The Merch, have joined them and matched their donation.

PNG, is also doing what it can, sending defence personnel to Australia to help exhausted firefighters and fundraising. It’s amazing to see small business and associations doing all they can to help. In PNG’s second-largest city, Lae, Giro Imbu from the Youth of Lae walked kilometres with a wheelbarrow and collected over K1,000 (A$430) to help its closer neighbour.

Curbing investment in fossil fuels

The world will face irreversible heating unless firms shift their priorities soon, according to the outgoing head of the Bank of England, Mark Carney.

He said the financial sector has begun to curb investment in fossil fuels – but it is happening too slowly. He said estimates from the leading pension fund analysis indicate that ‘if you add up the policies of all of companies out there, they are consistent with warming of 3.7 to 3.8 degrees Celsius’, which is ‘far above the 1.5 degrees that the people say they want and governments are demanding.’

Speaking to BBC, he said unless firms woke up to what he called the climate crisis, many of their assets would become worthless.

Carney has been appointed as the United Nations’ Special Envoy on Climate Action and Finance where he will ‘focus on ambitious implementation of climate action.’  He has estimated that US$90 trillion in infrastructure investment is expected between 2015 and 2030, about the equivalent of current world GDP. ‘Smart decisions today can ensure investment that is both financially rewarding and environmentally sustainable.’

Credit: Source link

Previous Post

Papua New Guinea experiencing temporary loss of momentum, say reports

Next Post

Understanding Australia’s wild fires | Daily Express Online

Next Post

Understanding Australia’s wild fires | Daily Express Online

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

HOT Updates

This gumbo recipe from Biden Cabinet nominee Linda Thomas-Greenfield is classic and fun to make
African American News

This gumbo recipe from Biden Cabinet nominee Linda Thomas-Greenfield is classic and fun to make

January 10, 2021
Esteemed Tuskegee Airmen Theodore Lumpkin Dies From COVID-19
African American Business

Esteemed Tuskegee Airmen Theodore Lumpkin Dies From COVID-19

January 10, 2021
Why AMResorts Is Bullish on Curacao and Cozumel
Caribbean News

Why AMResorts Is Bullish on Curacao and Cozumel

January 10, 2021
Ecuador surpasses 220,000 cases of COVID-19
Caribbean News

Ecuador surpasses 220,000 cases of COVID-19

January 10, 2021
Meet the son of an ex-NRL star out to inspire more Indigenous kids to play football
Aboriginal Australia News

Meet the son of an ex-NRL star out to inspire more Indigenous kids to play football

January 15, 2021
Starting shots in poor nations by February hinges on vaccine suppliers: WHO – SABC News
African News

Starting shots in poor nations by February hinges on vaccine suppliers: WHO – SABC News

January 11, 2021
Girl shot dead at fetish priest’s anniversary
African News

Girl shot dead at fetish priest’s anniversary

January 15, 2021
BAM’s 35th Annual Brooklyn Tribute to Dr. Martin Luther King, Jr.
Caribbean News

BAM’s 35th Annual Brooklyn Tribute to Dr. Martin Luther King, Jr.

January 14, 2021
Cori Bush Responds to Terror Attack on Capitol Hill: ‘Must Face Consequences’
African American Business

Cori Bush Responds to Terror Attack on Capitol Hill: ‘Must Face Consequences’

January 10, 2021
COVID-19 remains a threat for Impala Platinum mineworkers – SABC News
Africa Business

COVID-19 remains a threat for Impala Platinum mineworkers – SABC News

January 10, 2021
Work hard, adapt, dream: advice from Papua New Guinea’s SMEs
Papua New Guinea Business

Work hard, adapt, dream: advice from Papua New Guinea’s SMEs

January 12, 2021
UK economy to take at least two years to return to pre-COVID-19 level – Poll – SABC News
Africa Business

UK economy to take at least two years to return to pre-COVID-19 level – Poll – SABC News

January 15, 2021
America’s descent into depths of disastrous Trumpism
Caribbean News

America’s descent into depths of disastrous Trumpism

January 16, 2021
Learn How To Close That Deals And Make The Sale With This $30 Masterclass
African American Business

Learn How To Close That Deals And Make The Sale With This $30 Masterclass

January 14, 2021
Hilton Hotel in Durban closes its doors temporarily – SABC News
Africa Business

Hilton Hotel in Durban closes its doors temporarily – SABC News

January 11, 2021
A Miami Market Where the Fish Fly
African American News

A Miami Market Where the Fish Fly

January 11, 2021
DOST-CAR provides assistance to 3 Baguio MSMEs thru SETUP
Caribbean News

DOST-CAR provides assistance to 3 Baguio MSMEs thru SETUP

January 11, 2021
Africa: Innovating for Mothers Challenge launched to improve maternal and newborn health care in Senegal
African News

Africa: AU, IGAD, Should Push for Credible Polls to Avert Civil War in Somalia

January 11, 2021
Rate of new positive cases increased since holiday
African American News

Rate of new positive cases increased since holiday

January 10, 2021
US designates Cuba as state sponsor of terrorism
Caribbean News

US designates Cuba as state sponsor of terrorism

January 11, 2021

BlackSonRise.com is an online news portal which aims to provide Caribbean News, African News, Business and much more stuff like that. Feel free to get in touch with us!

Follow us on social media:

Recent News

  • Brooklyn Nets’ Kyrie Irving Fined $50,000 For Violating NBA COVID-19 Protocol
  • Churches join push for vaccinations – Florida Courier
  • Gov’t to begin sanctioning persons flouting COVID-19 protocols – Okoe Boye

Subscribe NOW

Loading
  • Contact
  • Privacy Policy

© 2019 Blacksonrise.com is an online news, e-learning, and business website that caters to the global black community.

No Result
View All Result
  • Home
    • Caribbean
    • African American
    • African
    • Australian
    • Papua New Guinea
  • Videos
    • Blacksonrise Interviews
    • Blacksonrise News
  • Ecourses
  • Herbs
  • Consultation
  • Login
    • LogOut

© 2019 Blacksonrise.com is an online news, e-learning, and business website that caters to the global black community.

USD $
  • USD USD $
  • EUR EUR €
  • GBP GBP £