According to a reputable think group, the tax savings included in the UK Budget will not offset the effects of tax rises and price increases. According to the Institute for Fiscal Studies (IFS), households will have less money after this… Read More ›
After its fourth meeting, the European Central Bank held interest rates steady, supporting expectations of rate decreases beginning in June despite a weaker outlook for inflation and economic growth. As per the predictions of every economist surveyed by Bloomberg, the deposit… Read More ›
The average worldwide sea surface temperature in February reached a record high of 21.06 degrees Celsius (69.91 degrees Fahrenheit), according to a report released on Thursday by the EU’s Copernicus Climate Change Service (C3S). In a dataset spanning back to… Read More ›
In an effort to increase private investments in renewable energy in poor nations, the World Bank Group announced on Wednesday that it would be consolidating its loan and investment guarantee structure. The goal is to triple the organization’s annual guarantees… Read More ›
After several strong foreign capital inflows into Japanese stocks in the preceding weeks, there was a minor outflow last week. Exchange data shows that foreign investors pulled out a net 2.83 billion yen (about $19 million) from Japanese stocks in… Read More ›
According to reports, Apple is closing its Special Projects Group, which was responsible for developing electric automobiles. With this disclosure, Apple’s covert endeavour to produce a vehicle to compete with Tesla has come to an end. Although the programme employed… Read More ›
In order to compete with its leaner Chinese rivals who are releasing cheaper vehicles to compete with them on their home ground, Europe’s automakers and their already overworked suppliers are in for a challenging year as they scramble to reduce… Read More ›
Electric air transport vehicles, hailed as the mobility of the future for cities, were on display at the Singapore Airshow among displays of defence jets, passenger aeroplanes and cutting-edge aviation technology. Electric vertical take-off and landing, or eVTOL, vehicles are… Read More ›
Major European and American automakers are under intense pressure from their Chinese rivals to reduce the cost of electric vehicles in order to offer prices and profit margins that are comparable to those of fossil fuel versions, according to industry… Read More ›
This week, leaders in the energy sector, including ministers of energy, oil executives, and green investors, convened to commemorate the International Energy Agency’s founding 50 years ago and evaluate its evolving function as a global guide guiding the transition from… Read More ›
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