It is challenging to refine rare earths for the switch to green energy. Just ask Lynas and MP Materials. The two largest rare earths firms in the world outside of China are having trouble converting the ore from their mines… Read More ›
Sustainability
Tesla Executives Speak With An Indian Investment Firm About Entering The Market
The latest in a series of high-level meetings, two top Tesla executives spoke with representatives from India’s investment promotion agency in New Delhi about the company’s aspirations to enter the market, according to reports quoting information from two source with direct knowledge… Read More ›
G20 Countries Unable To Agree On Emission Reduction Objectives During Discussions
The Group of 20 (G20) major countries were unable to come to terms on specific goals for reducing harmful emissions on Friday, instead issuing a statement that called the present climate change mitigation efforts “inadequate.” The deadlock, which was the… Read More ›
Microsoft And Google Realize They Have To Spend More Money On AI To Make Money
Future profits from artificial intelligence are anticipated to be significant for tech behemoths like Microsoft and Alphabet. But before profits start to affect the bottom line, expect deeper investments, the corporations said on Tuesday. According to Microsoft, prices increased significantly… Read More ›
Consumers In The UK Buck High Inflation In June By Shopping More
Due to exceptionally hot weather and a comeback in food sales after King Charles’ coronation disrupted spending in May, British retail sales increased quicker than anticipated in June despite ongoing high inflation, official numbers indicated on Friday. While the highest… Read More ›
G20 Proposal To Quadruple Green Energy Capacity Is Opposed By Saudi Arabia And Russia
According to three reports, major fossil fuel producers such as Saudi Arabia and Russia on Friday opposed a plan to increase the G20’s renewable energy capacity by 2030. The plan was also opposed by coal exporters South Africa and Indonesia… Read More ›
By 2031, Older Adults Will Make Up Over A Fourth Of Workforce Throughout The G7, Says A Report
A recent global analysis from Bain & Company predicts that people over the age of 55 would have 150 million more jobs by 2030. By 2031, older and more seasoned workers will make up more than a quarter of the… Read More ›
According To ADB, China’s Conservative Consumer Confidence Is Hindering Economic Recovery
According to Albert Park, chief economist of the Asian Development Bank, China’s hesitant consumer confidence has been “a dampener” for its frail recovery. The second-largest economy in the world earlier this week released second quarter GDP figures that mostly fell… Read More ›
A Consumer Group In The UK Calls On The Government To Take Action On Grocery Pricing
Which?, a British consumer group, has urged the government to take action to assist consumers when the competition watchdog releases its study of grocery pricing, claiming that some food costs have risen by up to 175% since 2021. Which? discovered… Read More ›
US Inflation Is Rising At Its Most Moderate Rate In Two Years
Last month, with the help of more affordable used automobiles, the US’s rate of price increase slowed to its lowest level in more than two years. Data show that inflation increased from 4% in May to 3% in the year… Read More ›