Saturday , 23 May 2026

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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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Qantas says air fares could jump nine fold

Bloomberg Qantas Airways Ltd said putting extra space between passengers on planes could lead to a big increase in airfares and discourage people from flying. “Social distancing on an aircraft isn’t practical,” Qantas Chief Executive Officer Alan Joyce said in a briefing with reporters on Tuesday. If implemented, it could mean there would only be 22 people on a 128-seat …

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