A new set of global regulations backed by the G20 will put more pressure on businesses to explain how climate change impacts their operations and will aid regulators in their efforts to combat “greenwashing.” The International Sustainability Standards Board (ISSB)… Read More ›
In order to ensure that everyone has access to high-speed broadband by 2030, the White House on Monday distributed $42 billion to the 50 states and U.S. territories as part of a new marketing campaign for President Joe Biden’s economic… Read More ›
When markets opened later on Sunday, some investors were keeping an eye out for any fallout from a failed mutiny that occurred in Russia on Saturday. They anticipated a shift towards safe haven assets like U.S. government bonds and the… Read More ›
According to a survey released a day after the Bank of England unexpectedly increased interest rates and signalled that it was prepared to take other steps to slow price growth, although Britain’s economy showed signs of slowing down this month,… Read More ›
According to consulting firm Bain & Company, luxury companies in the United States that target wealthier consumers are doing better than those that target aspirational consumers on lower incomes who are put off by the current economic climate. Bain boosted… Read More ›
On Wednesday, Pratt & Whitney, a manufacturer of jet engines, noted “solid progress” in the aerospace supply chain, addressing a significant area of worry for aircraft manufacturers as they continue to tally orders at the Paris Airshow. Huge orders from… Read More ›
Britain’s economy is stuck in a growth “doom loop,” according to the U.K.’s Institute for Public Policy Research, due to decades of underinvestment by the government and corporations. According to recent data from a left-leaning think tank, the U.K. has… Read More ›
On Thursday and Friday this week, a summit is being hosted by French President Emmanuel Macron to lay out a plan for reducing the debt loads of low-income nations while freeing up more money for climate spending. In order to… Read More ›
According to IMF Managing Director Kristalina Georgieva, the IMF is developing a framework for central bank digital currencies (CDBCs) to promote trade between nations. “CBDCs should not be fragmented national propositions… To have more efficient and fairer transactions we need… Read More ›
According to Volkswagen’s battery boss, the company has perfected a dry coating battery manufacturing technique that, if scaled up, could reduce the cost of cell production by hundreds of millions of euros annually. The automaker claimed that it and the… Read More ›
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