In response to calls from advocacy groups, think tanks, and politicians for the government to address the cost-of-living crisis, Britain’s energy regulator announced Friday that it will increase its main cap on consumer energy bills to an average of £3,549… Read More ›
According to a report in the Sankei newspaper on Wednesday, Honda Motor Co. Ltd. is thinking about creating a different supply chain to lessen its reliance on China. This would be a highly visible move by a significant Japanese manufacturer…. Read More ›
According to figures released by the Confederation of British Industry on Thursday, British retailers reported their strongest sales in August in nine months, defying predictions for a decline as the cost-of-living squeeze hits households. The CBI’s retail sales balance for… Read More ›
China declared its first drought emergency of the year as the country battles the record-breaking heatwave, causing the Yangtze River to dry up in some areas and placing stress on the power grid. After China’s central and southern provinces endured… Read More ›
KLP, Norway’s largest pension provider, and the Climate Investment Fund will both make investments in Rajasthan, India’s 420-megawatt solar power project. For a 49 per cent stake in the Thar Surya 1 project, which is being built by the Italian company… Read More ›
Allianz SE is in talks with Chinese banks to establish a majority-owned asset management venture in the world’s second-largest economy, with the goal of tapping a $4.3 trillion market for wealth products, according to a Reuters report quoting two people… Read More ›
Elon Musk has filed a court summons against Twitter co-founder Jack Dorsey as part of his legal battle with the tech company. Musk is attempting to terminate his $44 billion deal with Twitter, claiming that the company failed to provide… Read More ›
Ethereum appears to be undergoing a massive update. At long last. The “Merge,” which has been delayed for years, appears to be on track for September, with the blockchain’s encryption undergoing a fundamental shift to a system in which the… Read More ›
According to Bloomberg, Apple may spread its advertising to more of its first-party iPhone apps in an effort to increase income. According to the article, the corporation’s ad division earns roughly $4 billion in annual income, but the company aims… Read More ›
Personalized coffees, “prestige” skincare, and “elevated” sauces and spreads are just a few ways firms like Starbucks, Unilever, and Kraft Heinz are shifting their focus toward premium products – and consumers appear to be loving it. But why are firms… Read More ›
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