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Mark Carney appointed UN envoy for climate action

Mark Carney appointed UN envoy for climate action

Image copyright AFP Bank of England governor Mark Carney has been appointed United Nations Special Envoy for Climate Action and Finance.Mr Carney will take up his new post once his term as governor ends on 31 January 2020.The announcement comes ahead of COP25, the UN's annual climate change conference, which gets under way in Madrid…
New warning on global economic slowdown

New warning on global economic slowdown

Image copyright Getty Images A leading international economic organisation has warned that risks to the global outlook have increased. The Organisation for Economic Cooperation and Development - the OECD - says in a new report that prospects have steadily deteriorated.It forecasts continued growth of around 3% but warns that the risks have increased.The report says…
Should Germany spend more to revive its economy?

Should Germany spend more to revive its economy?

Image copyright Getty Images Image caption BMW workers assemble electric cars at a plant in Leipzig The eurozone has a problem. Its biggest economy, Germany, is in or close to recession.That has further stimulated a debate about whether Berlin should open the financial taps and spend more. Should Germany launch a programme of spending on,…
Climate change: China coal surge threatens Paris targets

Climate change: China coal surge threatens Paris targets

Image copyright Planet Labs Inc Image caption Construction at Shanxi coal power plant was stopped in July 2017 but resumed in March 2019 While the rest of the world has cut coal-based electricity over the past 18 months, China has added enough to power 31 million homes.That's according to a study that says China is…
General election 2019: What parties’ environment promises really mean

General election 2019: What parties’ environment promises really mean

Image copyright Getty Images It's been by far the greenest campaign in UK election history, with parties pledging tougher policies on the environment and climate change.But in a year of Greta Thunberg's UN speech and Sir David Attenborough's documentaries on the state of the planet, how far do the parties really go?Well, after 30 years…
Saudi Aramco IPO: World’s most profitable company to go public

Saudi Aramco IPO: World’s most profitable company to go public

Image copyright Getty Images Saudi Aramco has confirmed it is planning to list on the Riyadh stock exchange, in what could be the world's biggest initial public offering (IPO).The state-owned oil giant will determine the IPO launch price after registering interest from investors.Business sources say the Saudis are expected to make shares available for 1%…
Geologist blasts oil firms’ links with society

Geologist blasts oil firms’ links with society

Image copyright Getty Images Image caption Prof McGuire says it's hypocritical to make statements on climate change while at the same time accepting fossil fuel sponsorship Oil and gas firms have got one of the world's leading scientific societies in their pockets, a top geologist says.Prof Bill McGuire is furious at the links between major…
New hope for trees affected by ash dieback

New hope for trees affected by ash dieback

Image copyright Science Photo Library Image caption Ash dieback has devastated trees across Europe Scientists say there is new hope in the fight against a disease that is devastating ash trees.A study has identified the genes that give trees resistance to ash dieback, which arrived in the UK in 2012 and has now spread to…
US economic growth slowest this year

US economic growth slowest this year

Image copyright Getty Images US economic growth slowed in the third quarter, but beat some economists' expectations of a bigger contraction.The Commerce Department data put GDP growth at 1.9% during the three months, ahead of the 1.6% predicted.Consumer spending held up better than expected, offsetting a fall in business investment and lower public spending.But the…
Bloodhound car goes faster still

Bloodhound car goes faster still

Image caption Andy Green: "The best straight-line racing track in the world" The Bloodhound land speed racer has picked up the pace again, reaching 562mph (904km/h) in its latest run across the Kalahari Desert.Its previous best of 501mph (806km/h) was set last week, after which the car suffered some technical glitches.But on Friday, Bloodhound went…

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WEMag awards Active Re for the Company’s Resilience, Unparalleled Commitment To Offering Quality Reinsurance Services

WEMag awards Active Re for the Company’s Resilience, Unparalleled Commitment To Offering Quality Reinsurance...

    LEWES, DE, July 03, 2022 /24-7PressRelease/ -- World Economic Magazine Inc., a prestigious US-based business publication both on the web and in print editions, has awarded Active Capital Reinsurance. Ltd. (Active Re) with the titles of "Best Reinsurance Company Latin America 2022", "Most Innovative Risk Manager Latin America 2022" and "Most Sustainable Reinsurance Company Latin…
MicroStrategy’s Bitcoin Stash Is Now Worth $2.4B

MicroStrategy’s Bitcoin Stash Is Now Worth $2.4B

You are here: Home / News / MicroStrategy’s Bitcoin Stash Is Now Worth $2.4B- 59% Less In 3 months July 3, 2022 by Lipika Deka MicroStrategy’s Bitcoin holdings have hit a new low. According to a recent report, the reserves are now worth $3.4 billion less compared to the previous one at the tail end…
Mehmet Oz’s Strategy for Winning Over Pennsylvania Democrats: Trump Who?

Mehmet Oz’s Strategy for Winning Over Pennsylvania Democrats: Trump Who?

In his closing pitch to Republicans voting in the Pennsylvania Senate primary last month, Mehmet Oz portrayed himself as pro-life, pro-police, pro-guns, and—most importantly—pro–Donald Trump. That message, along with a Trump endorsement, was enough for Oz to best his opponents in a contentious GOP primary. But since securing the party’s nomination in a recount three…
Democrats need to give “some good ideas” on ensuring abortion rights: Becerra

Democrats need to give “some good ideas” on ensuring abortion rights: Becerra

Department of Health and Human Services Secretary Xavier Becerra told NBC's "Meet the Press" Sunday that Democrats criticizing the Biden administration's strategy to ensure abortion rights ought to "give us some good ideas."Driving the news: In the wake of the Supreme Court's decision to overturn Roe v. Wade, some progressives have called for the Biden…
Alaska Structures, Inc. Announces Company Renaming and Restructuring

Alaska Structures, Inc. Announces Company Renaming and Restructuring

A New Corporate Structure to Support Growth Strategy and Expand Individual Brands Press Release - Jul 1, 2022 KIRKLAND, Wash., July 1, 2022 (Newswire.com) - Alaska Structures, Inc. (Alaska) is pleased to announce that, following the recent tremendous expansion of its product lines and its successful consolidation with WeatherPort Shelter Systems, the company is implementing…