In its bid to combat climate-polluting emissions, the maritime industry has adopted all manner of cutting-edge technologies, from hi-tech alternative fuels to new and increasingly advanced ship engines. But the latest advancements in the sector have seen innovators turn the dial back to rely on a trusted ancient resource – wind energy. While seafarers first …
While they are at the heart of the cloud revolution currently unleashing the potential of the internet, data centers are also notorious climate polluters. The sector has received immense scrutiny for years due to its resource-gobbling operations and significant concerns over the ecological impact it has on local communities. However, a recent report by McKinsey …
Corporate devices are bigger climate polluters than data centers Read More »
A Bedford-based company has made history after signing a deal to produce and deliver ten 100-passenger helium airships. The deal, concluded between Hybrid Air Vehicles (HAV) and Spanish airline AV Nostrum, is expected to create 1,800 jobs in South Yorkshire and contribute to the UK’s sustainability goals. The Airlander 10 airships will be built at …
Amid sharply rising global energy and food prices, inflation has threatened to spiral out of control worldwide, and this is prompting concerted action from major central banks. With inflation hitting multi-decade highs in most economies, central banks are responding by hiking interest rates at a similarly record-breaking pace. For instance, the Bank of England recently …
Interest rate hikes fight inflation. Here’s how central banks have acted Read More »
In a survey conducted in November 2020, McKinsey & Co. found that roughly 80% of European small and medium-sized enterprises (SMEs) viewed their economy as “somewhat to extremely weak”. While the sentiment varied across national economies, SMEs in Italy and Spain were the least optimistic, while Germany had the most optimistic. Nearly two years later, …
Why are small businesses losing confidence in national economies? Read More »
With the rise of robo advisors, automated portfolios, and intelligent algorithms, artificial intelligence (AI) is making an effective (and intimidating) incursion into the financial sector. Tasks that would have previously fallen to hordes of analysts are increasingly being turned over to digital processes, with remarkably efficient results. And unsurprisingly, this reality is fuelling a growing …
After a minor COVID-induced drop, global energy investments rebounded to pre-pandemic levels in 2021 ($1.9 trillion) – an increase of 10% over 2020 – reports the International Energy Association (IEA). And in what will be music to the ears of policymakers and green energy advocates, much of the investment attention shifted from traditional fuel production …
Green Economy: how international investments are financing renewable energy projects Read More »
Data privacy and security are a key focus for CFOs, says a 2019 survey by management consulting firm Protiviti. The survey, which polled 817 CFOs and finance leaders worldwide, reported that 84% of respondents rated data privacy/security as their top priority overall and second-highest budget item. Those concerns have not faded with time either. In …
Security and Privacy of Data a top priority for CFOs Read More »
Climate change is an increasingly costly, and deadly, event in countries around the world. As the World Meteorological Organization (WMO) reports, the past 50 years have seen some of the deadliest and most expensive disasters ever recorded. The period from 1970 to 2019 accounted for 50% of all climate-related disasters, 45% of reported deaths, and …
After a brief COVID-induced slump, employment rates in the EU have trended upwards once more, according to Eurostat. While the EU employment rate fell to 71.7% in 2020, a drop of one percentage point compared to 2019, job markets in the region rebounded to 73.1% in 2021. In a statement accompanying the release of the …
