In order to reduce the impact of inflation on households, French President Emmanuel Macron announced on Sunday that the government would ask the petroleum business to sell at cost price and would provide 100 euros ($106.52) in aid to the… Read More ›
Sustainability
Island Nations Criticize Wealthy Nations For Their Climate Inaction At The UN Assembly
At the UN General Assembly this week, island nations facing the brunt of climate change’s effects challenged wealthy nations, claiming their survival was at peril because industrialised nations were not acting quickly enough. “There are many amongst us, the small… Read More ›
G20 Commits To Triple Renewable Energy Capacity But Refrains From Naming Major Objectives
The G20 leaders pledged to work towards tripling the world’s renewable energy capacity by 2030 and acknowledged the need to continue phase-down of coal power, but they refrained from establishing significant climate goals. The 20 largest economies in the world… Read More ›
Big Tech Is Ready For The EU Digital Services Act Rules
The comprehensive Digital Services Act (DSA) of the European Union imposes new regulations on content moderation, user privacy, and transparency, putting more than a dozen of the largest internet businesses in the world under unheard-of legal scrutiny. In the EU,… Read More ›
China’s Baidu Reports A 15% Increase In Sales, Exceeding Estimates
The second quarter revenue for Chinese tech company Baidu exceeded expectations, increasing by 15% year over year and supported by increase in advertising. According to Refinitiv statistics, this was the fastest quarterly year-over-year increase speed in two years. In pre-market… Read More ›
How Did The Once Highly Acclaimed Company WeWork Reach Its Decline?
Once hailed as the office of the future, WeWork. However, there is currently “substantial doubt” regarding it. What happened? Beginning in 2018, David Born, the owner of Born Licencing, a modest character and film licencing company with headquarters in the… Read More ›
With Its Focuses On Cheaper Materials In The Future, GM Supports An EV Battery Startup.
According to the company’s announcement on Wednesday, General Motors is funding a Silicon Valley startup to expedite the creation of a more cost-effective battery chemistry for its next electric vehicles. A two-year-old Mountain View, California, firm called Mitra Chem utilises… Read More ›
European Travelers Flee The Heat And Extend Summer Due To Weather Changes And Travel North
After a summer of debilitating heatwaves that ravaged southern Europe, travellers are now anticipated to come to northern Europe, wondering if cooler temperatures could suit them better. Although bookings to destinations like Denmark, Finland, the Netherlands, Norway, and Sweden are… Read More ›
Cruise Companies Intend To Increase Prices As Costs Rise And Demand Grows
In the past year, cruise vacations have become a popular choice for people looking for less expensive forms of transportation, but American cruise companies are indicating that itineraries may become more expensive in the near future. As occupancy levels approach… Read More ›
Amazon Rakes In Highest Profit Beat Since 2020 Due To CEO Jassy’s Cost Reductions
Jeff Bezos, the creator of Amazon, is renowned for shunning Wall Street’s fixation with profits and insisting that the consumer is always more significant. While Andy Jassy, his successor, likewise talks frequently about servicing consumers, investors have compelled him to… Read More ›