Fisker, the most recent electric car company to fail due to funding issues, low sales, and issues with the supply chain and distribution, filed for bankruptcy protection. The popular Ocean electric SUV from Fisker has not seen much demand. The… Read More ›
Month: June 2024
Climate Change Reduced Italy’s Agriculture Output In 2023, Says Italy’s Statistics Department
The national statistics office of Italy – ISTAT, stated on Tuesday that extreme weather events connected to climate change caused a decline in wine, fruit, and olive oil output last year, which in turn caused a decrease in agricultural production in Italy…. Read More ›
CEO Of UniCredit Calls The Digital Euro A “Very Good” Proposal If Banks Participate Completely
If banks continue to be essential to the flow of money as they already are, plans for a digital euro would be “very good” for the currency bloc and its lenders, according to Andrea Orcel, chief executive of UniCredit. Orcel… Read More ›
Green Energy Produced In Spain Could Be More Than The Demand
Windmills were formerly the main feature of Castilla-La Mancha, a patchwork plain in central Spain. However, the contemporary version of them is now much more noticeable on the region’s skyline: wind turbines. This panorama is viewed from the 28 enormous… Read More ›
China-EU Trade Tensions May Boost Exports Of Other Pork Producers
According to merchants and economists, if Beijing bans imports from the European Union in reaction to the intensifying trade tensions, pork exporters from South America and the United States may gain market share in China. Russia, which began exporting pork… Read More ›
China Launches Tit-For-Tat Anti-Dumping Investigation On EU Pork
In reaction to restrictions on its exports of electric vehicles, China has launched an anti-dumping probe into imported pork and its by-products from the European Union. This move seems to be primarily directed at Spain, the Netherlands, and Denmark. The… Read More ›
Central Banks Of The World Reassess Strategy With The 2024 Massive Policy Easing Fades Away
Six months ago, the main central banks of the world were poised to make a move that would delight everybody with a credit card, who wanted to buy a house, or who wanted to start a business: a worldwide shift… Read More ›
Disappointing Number For Factory Output In China, Property Sector Still In A Slump
Beijing is under increased pressure to maintain development after China’s industrial production in May fell short of forecasts and the property sector’s slump did not appear to be abating despite policy support. Aside from retail sales that exceeded expectations because… Read More ›
Chinese Businesses Want Probes Of EU Pork As The Trade Dispute Gets Worse
According to the state-backed Global Times, Chinese companies have formally requested an anti-dumping investigation against pork imports from the European Union, intensifying tensions following the bloc’s imposition of anti-subsidy charges on Chinese-made electric vehicles. After Brussels imposed tariffs of up… Read More ›
Does Elon Musk Merit His $56 Billion Salary From Tesla?
It’s possible that Elon Musk may get his way once more. His Tesla pay plan, which has now received shareholder support, is worth up to $56 billion depending on the company’s share price. It accounts for almost 25% of the… Read More ›