Recent Posts

Energy crisis drives carbon emissions as Europe burns coal

Bloomberg Europe is growing increasingly reliant on coal to keep the lights on as the weather turns cold, sending the cost of polluting to a record. Carbon prices exceeded 70 euros for the first time ever as utilities turn to the dirtiest of fossil fuels. Power plants in the UK are burning the most coal since the beginning of the ...

Read More »

The winter is coming for Europe’s Covid optimists

Before the arrival of safe and effective vaccines, dealing with Covid-19 in Europe was dominated by fear, uncertainty and blunt tools like lockdowns and travel bans to keep hospitals from being overrun. Countries with blanket curbs such as Austria and Denmark — whose leaders self-identified as “first movers” — wore their strict social-distancing rules like a badge. This fear is ...

Read More »

For Best Buy, worst is yet to come

Best Buy Co Inc’s post-pandemic slowdown has officially begun. And unfortunately for its investors, there are clear signs the electronics retailer’s troubles might just be getting started. The company reported revenue of $11.91 billion for the quarter ended in October, slightly above the $11.69 billion median estimate of analysts surveyed by Bloomberg, and roughly flat compared with last year. Revenue ...

Read More »
Send this to a friend