Saturday , 7 February 2026

Recent Posts

Ovo Energy plans to slash 2,600 workers

Bloomberg Ovo Energy Ltd plans to cut 2,600 staff as customers use digital tools to contact the energy supplier, cutting the need for people. Since its acquisition of SSE Energy Services last year, Ovo has been planning the integration of the two businesses which “would have always required difficult changes,” the company said. The impact of the coronavirus has accelerated …

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Spain aims to pass law setting climate targets

Bloomberg Spain’s government is seeking to pass a law setting its climate targets as part of a drive to achieve carbon neutrality by 2050. A bill was set to be sent by the government to parliament on Tuesday aims to reduce Spain’s greenhouse gas emissions by 20% by 2030, relative to 1990 levels, according to copies of the bill distributed …

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Over 15,000 HK shops may shut down sans rent relief

Bloomberg From luxury boutiques to mom and pop stores, Hong Kong’s retailers are hurting. Unless landlords can offer more relief, one in four could disappear by December if sales don’t improve, putting an end to the city’s reputation as a shopping hotspot. That’s the gloomy prediction of Hong Kong Retail Management Association Chairman Annie Yau Tse, who says the rent …

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