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Bill Gates sees IRA driving ‘healthy’ growth in new energy technology

  Bloomberg US government incentives to promote investments into nascent technologies such as green hydrogen will have a “healthy” impact, even as they risk distorting the trade in electric cars between Europe and the US, Bill Gates said. Speaking in a podcast interview with the head of Norway’s $1.3 trillion sovereign wealth fund, Nicolai Tangen, Gates extolled government policies for ...

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Danish industrial workers reach wage deal

  Bloomberg Denmark’s industrial workers reached a new pay deal with employers to offset falling purchasing power in the first of a string of wage agreements expected in the coming months. The deal, which covers 230,000 workers, is expected to set the tone for talks in other industries under the Danish model where employers and unions agree on work conditions ...

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Uniqlo’s quest to conquer US, one cashmere sweater at a time

  Bloomberg The biggest challenge to Japanese fashion giant Uniqlo’s plan to take on the US? Getting more Americans to know who they are. The apparel maker, known for its affordable cashmere sweaters and solid basics, wants to go big in one of the world’s toughest consumer markets. Although Uniqlo is a fixture in shopping streets of New York and ...

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