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Uber, Deliveroo binged on wrong diet

The lockdowns of the past year have tempted food delivery companies in the US and Europe to gorge. But they’re filling up on the equivalent of junk food — offerings that accelerate growth but have little nutritional value. Top of the list is grocery deliveries. Platforms such as Uber Eats and Deliveroo have capitalised on more people ordering groceries online ...

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China opens its doors to foreign junk now

Australia’s iron-ore miners could be excused for casting a nervous eye north. With little fanfare, China, the world’s biggest consumer of iron ore, opened its doors to 3,000 tons of Japanese scrap metal. It was the country’s first such import since it imposed a near-total ban on “foreign garbage” in 2019. It won’t be the last. In the short-term, that ...

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Cancelling Keystone heralds end of oil age

The demise of the Keystone XL pipeline heralds the beginning of the end for the oil age in the US and Canada. This is a necessary evolution, but it raises many challenges. Workers displaced by the shift away from oil will need new jobs, and energy industry clusters like Houston and Alberta will need new activities to sustain their economies. ...

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