Avainsana: economy
CDP: Paris Agreement alignment could cut climate change costs by two-thirds
The mean damage costs of climate change will reach $5.4trn annually by 2070 and ”spiral” to up to $31trn per year by 2200 if the…
Uber says will be ’zero emissions’ by 2040
Uber said Tuesday it intends to become a ”zero emission platform” by 2040 and will seek to have all its rides by electric vehicles by…
New figures reveal that the bioeconomy is worth €2.4 trillion to the European economy
In a year of challenges, fresh data today highlights the ascent of the bio-based industries, that in 2017 made a total contribution of €750 billion…
United Airlines to cut 16,370 jobs as the pandemic rages
United Airlines (UAL.O) is preparing to furlough 16,370 workers when federal aid expires on Oct. 1 as the coronavirus pandemic continues to devastate the airline…
Spain counts the cost of dramatic drop in tourism arrivals for 2020
Tourism has been one of the industries hardest hit by the coronavirus pandemic, a fact illustrated in Spain, which recorded a 75% fall in visitor…
U.N. chief warns India over ’bad economics’ of coal
With India facing deadly air pollution, high healthcare costs and growing disaster threats from global warming, the head of the United Nations warned the country’s…
German coalition agrees to extend coronavirus relief for economy
German coalition parties agreed on Tuesday to extend measures to cushion the effects of the coronavirus crisis on Europe’s biggest economy, including prolonging a short-time…
U.S. economy rebounding strongly; fresh aid coming to unemployed: Kudlow
The U.S. economy is rebounding “very, very strongly,” and fresh federal aid will reach unemployed Americans in the next week or two, White House economic…
Obey corona rules to keep economy, schools running, says Merkel
German Chancellor Angela Merkel on Tuesday urged Germans to stick to rules aimed at controlling the new coronavirus, such as wearing masks, to ensure schools…
BHP signals shift away from coal as profits dip
Mining giant BHP said profits fell four percent in the year ending in June, as the Anglo-Australian firm signalled a transition away from the intensely…
O2: Ultrafast 5G technology to play ’huge role’ in building greener economy
5G mobile technology will play a critical role in greening the UK’s economy after the pandemic, delivering sizeable reductions in carbon emissions that will steer…
’An opportunity to bring about a better future’: Top economists call for the end of the carbon economy
Group of leading economists call on policymakers to hasten the close of the ’carbon economy’. More than 100 of the world’s leading economists have urged…
Euro zone inflation unexpectedly ticks up amid record GDP slump
The euro zone’s economy recorded its deepest contraction on record in the second quarter, preliminary estimates showed on Friday, while the bloc’s inflation unexpectedly ticked…
UK targets 65% municipal waste recycling rates under EU’s circular economy package
The UK Government has today (30 July) agreed to transpose aspects of the European Union’s Circular Economy Package into UK law, agreeing on targets to…
Brexit will deliver double shock to UK economy, study finds
A Brexit hit is looming for sectors that have emerged relatively unscathed from the Covid-19 pandemic, analysis by the London School of Economics suggests. The…
Japan’s average minimum wage should stay the same amid virus resurgence: panel
Japan’s average minimum hourly wage should be maintained at the current level, a subcommittee of the government’s Central Minimum Wage Council decided on July 22,…
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