Europe Cuts Back on Firefighters Even as Blazes Ravage Continent
Most EU nations pared their army of firefighters despite extreme weather becoming more frequent and intense.
Most EU nations pared their army of firefighters despite extreme weather becoming more frequent and intense.
TUI AG said it expects its summer 2023 travel season to be close to pre-pandemic levels even as the pace of growth tapers off amid higher inflation and rising interest rates.
Bitcoin may be closer to bursting out of a period of unusually low volatility if chart patterns and the token’s history are any guide.
Thailand’s central bank Governor Sethaput Suthiwartnarueput said he’s seeing the tail end of the monetary tightening cycle while ruling out any rate cuts in the offing as authorities strive to navigate a “smooth landing” for the economy.
Russian grain ports are overflowing after two big harvests. That means any military escalation in the crucial Black Sea risks depriving the world of huge amounts of crops it’s counting on.
EON SE said that Europe’s energy market is still at risk of spiking prices this winter and urged homes and businesses to continue to conserve gas and power.
Slowly easing inflationary pressures continue to trickle through the corporate world. The latest example came from bottling firm Coca-Cola HBC this morning, which downgraded its cost expectations for the year.
India’s largest engineering and construction company Larsen & Toubro Ltd. plans to invest as much as $12 billion over the next five years, a third of which will go toward expanding its clean energy business.
Pheu Thai, a party backed by former premier Thaksin Shinawatra’s family, has added six more partners in a coalition it’s steering to form a government and end a political stalemate following the May general election.
(Bloomberg) — Chancellor Olaf Scholz’s government will on Wednesday approve a top-up of Germany’s special Climate and Transformation Fund by more than €30 billion to about €212 billion ($233 billion), according to a draft of the financing plan through 2027 seen by Bloomberg.