The European Union’s energy ministers are likely to grant final approval on Tuesday to the bloc’s rule to phase out new CO2-emitting cars by 2035, after Germany obtained an exemption for e-fuel vehicles. The vote is taking place three weeks… Read More ›
Sustainability
As More Millennials Reach 40, They Are Revolutionizing Tha Traditional Way Of Travelling
Millennials now started to move into their middle ages. A generation that has traditionally been associated with youth is entering a new stage of life as more millennials, commonly referred to as people born between 1981 and 1996, turn 40…. Read More ›
Semiconductor Chip Manufacturing Giant Nvidia Believes Cryptocurrencies Do Not Benefit Society
Even if the US chipmaker Nvidia’s potent processors are sold in vast amounts to the industry, the corporation has claimed that cryptocurrencies do not “deliver anything good for society.” Other applications of computing power, such the artificial intelligence chatbot ChatGPT,… Read More ›
Chinese Economic Recovery’s Core Is Not Strong Enough, A Party Official Claims
A senior Communist Party official warned on Saturday that China’s economic recovery’s base is not strong enough and warned of potential spillover consequences from the world’s economic issues. Han Wenxiu, deputy chairman of the party’s office for finance and economic… Read More ›
Even If Businesses Recover, Millennials Intend To Continue Shopping Online, A New Survey Reveals
At least when it comes to their online purchasing habits, millennials have huge aspirations for the upcoming year. According to a survey by ESW, a global direct-to-consumer company that aids retailers in expanding DTC channels, over 27% of millennials intend… Read More ›
Deutsche Bank Stocks Declined As Anxious Investors Look For Safer Havens
Investors’ concerns that regulators and central banks have yet to manage the greatest shock to the industry since the 2008 global financial crisis caused shares of Germany’s largest bank, Deutsche Bank, to fall on Friday. Despite assurances from policymakers that… Read More ›
Despite British Consumers Being Short On Cash, Retail Sales See A Rebound
Cash-strapped In contrast to eating out and ordering takeout last month, British consumers purchased at sales and grocery stores, which unexpectedly increased retail sales, according to government figures released on Friday. According to the Office for National Statistics, British retail… Read More ›
“Vampiric Overconsumption” Is Depleting The World’s Water Supplies, Warns The UN
The United Nations urged states to better manage one of humanity’s shared resources on Wednesday during its first meeting on water security in nearly 50 years. According to the U.N., half of the world’s population lacks access to basic sanitation,… Read More ›
Troubled Chinese Real Estate Firm Evergrande Places Plans For Debt Restructuring
Evergrande, a troubled Chinese real estate behemoth, has unveiled plans to restructure $20 billion in offshore debt, which might serve as a template for other suffering developers. According to the company, the actions will aid in “efforts to resume operations… Read More ›
UK Claims The $61 Billion VMware Deal Of Broadcom Could Reduce Server Competition
The $61 billion merger between American chipmaker Broadcom and VMware could increase the cost of servers, according to Britain’s competition watchdog, who threatened to refer the matter to an in-depth investigation if its concerns weren’t addressed. Last year, Broadcom decided… Read More ›