Business sales drop 2% when local average temperature increases by 1°C, says new report
A 1°C increase in average daily temperatures in the US is linked to a reduction in company sales of around 2%, according to research f..
Business
Business
Tomorrow’s plastics: Patent data reveals companies in consumer goods industry with high rate of innovation in bioplastics
European Patent Office (EPO) study shows that Europe and US together account for 60% of patenting activity worldwide related to plasti..
Business
UK competition watchdog has music streaming in its sights
By Kate Holton LONDON (Reuters) -Britain’s competition regulator plans to launch an investigation into music streaming to see wh..
Business
Ford to invest around $300 million to build electric car parts at UK plant
LONDON (Reuters) – Ford said on Monday it would invest up to 230 million pounds ($316 million) to build electric car components ..
Business
Oil prices climb as COVID recovery, power generators stoke demand
By Jessica Jaganathan SINGAPORE (Reuters) -Oil prices hit their highest level in years on Monday as demand recovers from the COVID-19 ..
Business
Taiwan’s Foxconn shows off three electric vehicle prototypes
By Yimou Lee TAIPEI (Reuters) – Taiwan tech giant Foxconn unveiled its first three electric vehicle prototypes on Monday, unders..
Business
Italian fashion group OTB joins LVMH-led blockchain platform
MILAN (Reuters) – Italian fashion group OTB has joined a consortium formed by luxury goods heavyweights LVMH, Prada and Richemon..
Business
The logo of French cloud computing company OVHcloud is seen on a data-center building in Strasbourg, France, October 13, 2021. REUTERS/Christian Hartmann
LONDON (Reuters) – Royal Dutch Shell has appointed Wael Sawan as head of its integrated gas and renewables division, replacing M..
Business
Shares in French tech champion OVHcloud gain 6% in Paris debut
PARIS (Reuters) -Shares in French cloud computing company OVHcloud climbed around 6% on their first day of trading on Friday, after a ..
Business
Companies’ climate disclosures still lacking -task force
By Huw Jones and Simon Jessop LONDON (Reuters) -Around half of companies assessed have begun to apply globally-agreed climate-related ..
Business