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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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All vaccine developers need to take their time!

The fast pace at which various laboratories are working on vaccines against Covid-19 carries both promise and peril. On May 18, Moderna Therapeutics Inc announced the first reported data from human trials, and they are positive. That’s good news, and it arrived sooner than expected. But the parts of the project that lie ahead will be harder to accomplish with ...

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