On Thursday, in a statement the Global Financial Markets Association (GFMA) said, countries should increase the use of carbon markets to meet goals set by the Paris climate agreement aimed at limiting a rise in the earth’s temperature to 1.5… Read More ›
Quarterly sale figures of McDonald’s Corp in the United States beat projections of the Wall Street, thanks to higher prices, larger order quantities, and additional menu items like the crispy chicken burger, the global fast food chain announced Wednesday. In… Read More ›
Uber Technologies will offer 50,000 Tesla Inc automobiles as a rental option to its ride-hailing drivers by 2023 in partnership with Hertz, the ride-hailing company announced on Wednesday. According to a blog post by the ride-hailing business, a Tesla car… Read More ›
The Chinese government’s escalating restrictions imposed to contain a rise in Covid-19 cases is having an impact on local businesses as a leading Chinese hot pot chain’s market value dwindled by $4 billion in a span of just three days…. Read More ›
Due to a mismatch between short-term business travel ambitions and the airline industry’s 2050 net zero target, certain airlines face failure if they do not decrease carbon emissions faster in the next three to five years, according to an industry… Read More ›
World business leaders want the upcoming United Nations climate summit to address difficulties that have hampered the use of carbon pricing to reduce global emissions, with the goal of enhancing the role of businesses in slowing global warming. After negotiators… Read More ›
When McDonald’s Corp, Starbucks Corp, and Yum Brands Inc announce their capital expenditures in their earnings reports this week, investors want to get a sense of the impact of the global supply-chain snarl on the development and expansion plans of… Read More ›
The world is “far off track” in limiting increasing temperatures, according to the United Nations, which warned on Monday as it attempted to provide a stark reminder top world leaders of the challenges facing UN climate negotiations in Scotland. Despite… Read More ›
After consenting to stiffer regulations for governing its six existing funds that have a combined $9 billion in assets, the global asset manager BlackRock announced on Tuesday that it has formed the largest variety of climate-aligned exchange-traded equity funds (EFT)…. Read More ›
In a statement, an official from Egypt’s Ministry of Tourism said, Cairo has officially allowed hotels to run at full capacity while observing strict protocols against the Wuhan Coronavirus. Egypt’s Assistant Minister Abdel Fattah al-Asi said, the decision to allow… Read More ›
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