Four decades ago, one of the biggest rare earth manufacturing facilities in the world was located on France’s Atlantic coast. It produced elements that were used to build arc lights, colour televisions, and camera lenses. After years of declining production,… Read More ›
Sustainability
EU And China Will Hold Discussions On Proposed Tariffs On Electric Vehicles
Senior officials from both China and the EU said on Saturday that negotiations on the proposed tariffs on Chinese-made electric cars (EVs) entering the European market had begun. Robert Habeck, Germany’s minister of economics, claimed that EU commissioner Valdis Dombrovskis… Read More ›
EU Banking Watchdog Reports Rise In Doubtful Loans By EU Banks To Small Companies
The European Union’s banking watchdog said on Thursday that banks around the EU saw a spike in soured loans to small and medium-sized businesses in the first quarter of the year, despite their continued profitability. The European Banking Authority (EBA)… Read More ›
How Are EV Startups Weathering The Downturn In Demand?
Fisker, the most recent electric car company to fail due to funding issues, low sales, and issues with the supply chain and distribution, filed for bankruptcy protection. The popular Ocean electric SUV from Fisker has not seen much demand. The… Read More ›
Climate Change Reduced Italy’s Agriculture Output In 2023, Says Italy’s Statistics Department
The national statistics office of Italy – ISTAT, stated on Tuesday that extreme weather events connected to climate change caused a decline in wine, fruit, and olive oil output last year, which in turn caused a decrease in agricultural production in Italy…. Read More ›
CEO Of UniCredit Calls The Digital Euro A “Very Good” Proposal If Banks Participate Completely
If banks continue to be essential to the flow of money as they already are, plans for a digital euro would be “very good” for the currency bloc and its lenders, according to Andrea Orcel, chief executive of UniCredit. Orcel… Read More ›
Green Energy Produced In Spain Could Be More Than The Demand
Windmills were formerly the main feature of Castilla-La Mancha, a patchwork plain in central Spain. However, the contemporary version of them is now much more noticeable on the region’s skyline: wind turbines. This panorama is viewed from the 28 enormous… Read More ›
Does Elon Musk Merit His $56 Billion Salary From Tesla?
It’s possible that Elon Musk may get his way once more. His Tesla pay plan, which has now received shareholder support, is worth up to $56 billion depending on the company’s share price. It accounts for almost 25% of the… Read More ›
Ghana Will Postpone Further Supplies Of Cocoa As The Shortage Deepens
The prognosis for the global chocolate market continues to deteriorate as Ghana, the second-largest producer of cocoa in the world, is considering delaying the delivery of up to 350,000 tonnes of beans until the next season as a result of… Read More ›
Wall Street Is Reeling From Indian Prime Minister Narendra Modi’s Election Results
Business executives in the United States are frantically making calls in an attempt to better comprehend the impact that Modi’s party’s inability to gain a supermajority would have on India’s economy and investment environment. This is a devastating electoral loss for… Read More ›