According to an EU assessment released on Friday, three primary air pollutants were linked to about 400,000 fatalities in Europe in 2021; part of these deaths may have been prevented if pollution levels had been lowered to those advised by… Read More ›
Regulations & Legal
A Brazil Central Bank Study Shows Working From Home May Be Easing The Nation’s Inflation
According to a research published recently by the Bank for International Settlements (BIS) and signed by senior central bank officials, home working in Brazil may be reducing wage pressure in an otherwise robust labour market. Despite a rise in employment,… Read More ›
Germany And Chile Are Starting A Club To Assist Developing Countries In Reducing Emissions From Industry
At the COP28 climate summit next week, Germany and Chile intend to establish a club of states to assist developing countries in investing in decarbonizing businesses including steel and cement-making, according to reports in the media based on information from… Read More ›
Nissan Will Invest $1.4 Billion To Produce Two New Electric Vehicle Models In Britain
With a prime minister eager to draw in foreign capital, Nissan announced on Friday that it would invest 1.12 billion pounds ($1.4 billion) in its British plant to produce electric versions of two models. This news would come as a… Read More ›
October Saw A Rise In Worldwide Smartphone Sales After More Than Two Years Of Declines
According to data from Counterpoint Research, global smartphone sales increased in October after falling for 27 straight months in the previous year. This increase was mostly driven by emerging market recovery. The research states that in October, sell-through transactions, or… Read More ›
Greek Ships Stop Trading In Russian Oil As The US Intensifies Its Oversight Of Price Caps
Three significant Greek shipping companies have ceased transporting Russian oil in recent weeks in order to evade the U.S. penalties now placed on certain shipping companies who do so, according to four merchants who spoke to Reuters and shipping statistics…. Read More ›
IEA Predicts A Surplus Of Oil In 2024, Even If OPEC+ Continues Its Present Reductions
Even if the OPEC+ countries continue their production cutbacks into 2024, there will still be a small supply excess in the global oil market, the head of the International Energy Agency’s (IEA) oil markets and industry division told Reuters on… Read More ›
At COP28, US And France Want To Forbid Private Financing Of Coal-Fired Power Facilities: Reuters
Three sources involved with the discussions told Reuters in India and Europe that France, supported by the United States, intends to seek a halt to private funding for coal-based power facilities during the U.N. climate conference later this month. India… Read More ›
Declining Foot Traffic In Burberry Stores Hampers Its Design Renovation
Burberry could not be in more of a bad spot for the luxury market recession that followed the post-pandemic boom, with designer Daniel Lee’s initial designs for the British brand beginning to appear in recently renovated stores. Executives issued a… Read More ›
What Deals Are Customers Looking For On Black Friday, And When Is It?
Black Friday falls on November 24, this year. Retailers are getting ready for what they think would be another record-breaking worldwide shopping frenzy. Black Friday is typically considered to be the unofficial start of the Christmas shopping season because of… Read More ›