Blog Layout

Adnec gears up to host World Future Energy Summit 2022

  Abu Dhabi / WAM The Abu Dhabi National Exhibitions Company (Adnec) has finalised its preparations to host the World Future Energy Summit 2022 (WFES) and its co-located events including WFES Energy, WFES Water, WFES Solar, ecoWASTE Exhibition and Forum, WFES Smart Cities, and WFES Climate and Environment, at the Abu Dhabi National Exhibition Centre (Adnec) from January 17 to ...

Read More »

WAM delegation, Brazilian media outlets discuss cooperation

  BRASILIA / WAM A delegation from the Emirates News Agency (WAM) and several Brazilian media outlets discussed strengthening their media cooperation and exchanging news. Their discussions took place during the visit of the delegation, led by Mohammed Jalal Al Rayssi, Director-General of WAM, to Brazil, which follows the signing of a joint cooperation agreement at Expo 2020 Dubai in ...

Read More »

European power prices soar on setbacks at French nuclear giant

  Bloomberg French and German electricity prices jumped after Electricite de France SA revised down the production forecast for its nuclear fleet that’s vital to keep the lights on in Europe. The world’s biggest producer of nuclear power reduced its estimate by about 8% after finding defects at some reactors. It’s another blow to Europe which is already facing an ...

Read More »

Diesel markets are soaring across world

  Bloomberg Diesel markets are jumping everywhere, a positive indicator for oil prices more widely. In Asia, the lowest inventories in years have driven margins from making the fuel to a four-month high. Winter there is chillier than usual and demand for transport, industrial and heating fuels are getting a boost. The continent is contending with significantly less supply from ...

Read More »

Thyssenkrupp to keep control in $5.7 billion hydrogen IPO

  Bloomberg Thyssenkrupp AG plans to hold a majority stake in its rebranded electrolysis unit after its initial public offering to tap into the growing market for green hydrogen to fight climate change. The engineering conglomerate is preparing to list its electrolysis plant business this year, renaming it Nucera, in a move that could value the unit at as much ...

Read More »

What Biden’s voting rights speech did and didn’t do

  President Joe Biden travelled to Georgia to speak on behalf of the Democrats’ voting and democracy agenda, which includes two bills currently on the Senate floor. That follows his January 6 speech, which was also focused on democracy and the importance of voting rights to democracy. Let’s back away from the specific topic here, and talk a bit about ...

Read More »

Why TikTok should worry economists

TikTok is now the most popular website in the world, by one measure, and as such its influence on how young people see and think about themselves is attracting ever more attention. I am an economist, so I would like to focus on a considerably more narrow subject: what TikTok’s videos say about how young people see and think about ...

Read More »

Unilever should know that purpose isn’t strategy

  Pugnacious Terry Smith is throwing punches again. The Mauritius-based fund manager has lambasted consumer-goods giant Unilever Plc for its public posturing. It’s not just that autonomous subsidiary Ben & Jerry’s is to stop selling ice-cream in Jewish West Bank settlements and areas of east Jerusalem. “More ludicrous,” Smith says, is the company’s attempt to define the purpose of Hellmann’s ...

Read More »

As inflation soars, the Fed needs to keep its head

So much for transitory. US prices rose by 7% in 2021, the highest gain for nearly 40 years. Remember: The Federal Reserve’s target for inflation is 2%, a fact that gets less attention than it used to, back when “hawks” and “doves” were measuring deviations in tenths of a percentage point. It’s an enormous overshoot, and some of it is ...

Read More »

FAA issues 1,462 flight limits for 5G, seeks to limit delays

  Bloomberg US aviation regulators say they’ve made progress reducing the risk of flight disruptions from new 5G service that’s set to start January 19, but at the same time they’ve issued almost 1,500 orders limiting flight operations across the country. The Federal Aviation Administration expects to provide information soon on what percentage of aircraft will be subject to the ...

Read More »
Send this to a friend