ABU DHABI / WAM Green energy generation has reached a tipping point, the World Economic Forum (WEF) asserted in an investors handbook it released on Thursday, and called investors to shift towards more green energy investments, as investments remain below what is needed to reach the Paris Accord targets, despite the tipping point. The cost of generating energy through ...

  Riyadh / AFP Saudi Arabia on Thursday projected a 2017 budget deficit of about $53 billion and a lower than expected shortfall for this year after government cost-cutting in response to lower oil prices. Expenses next year will reach 890 billion riyals ($237 billion) against revenues of 692 billion riyals ($184 billion), cabinet said in a statement. It said ...

  Beijing / AFP China saw 66,000 workplace deaths in 2015 despite strengthened legislation, Chinese authorities said, highlighting often dangerous labour conditions in the world’s second largest economy. The world’s workshop also saw 282,000 workplace accidents in 2015, according to a report posted on Wednesday on the official website of the National People’s Congress (NPC) of China. Deaths have dropped 50 ...