Energy & Green Tech
Sudanese entrepreneur Mohamed Samir watches proudly as workers assemble garishly coloured rickshaws, unique in the North African nation because they run on electricity in a bid to tackle soaring costs.
May 4, 2022
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12
Business
Nobel economics prize laureate Joseph Stiglitz praised international backing for a global tax on corporations but said the minimum rate agreed by governments to battle "the dark side of globalisation" remains too low.
Sep 6, 2021
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5
German auto-parts maker Continental said Tuesday that it would expand its vast restructuring programme to affect 30,000 jobs, as the coronavirus pandemic ravages global vehicle production.
Sep 1, 2020
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4
Business
Uber outlined proposals Monday for a new type of relationship with "gig" workers, including its own drivers, that would keep them as independent contractors but with some guaranteed benefits.
Aug 10, 2020
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5
Business
The headquarters of Dmytro Voloshyn's startup in the historic centre of Kiev is eerily quiet. But online, his business is busier than ever.
Apr 22, 2020
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3
Energy & Green Tech
Offshore wind projects are facing an economic crisis that erased billions of U.S. dollars in planned spending this week—just as the world needs clean energy more than ever.
Jul 24, 2023
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2
Business
On a factory floor in Caracas, the din of dozens of computers working non-stop is deafening. This is the sound of a bitcoin mine—one of several in a country where cheap electricity has made crypto mining a rare profitable ...
Sep 1, 2021
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6
Germany's prized industrial robotics and automation sector is expecting a drop in sales this year for the first time since the global financial crisis, an industry body said on Friday.
Nov 22, 2019
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5
Business
Major world airlines on Monday axed almost all flights on a temporary basis as the worsening coronavirus crisis sparks travel bans, ravages demand and sends shares into freefall, triggering pleas to help carriers survive.
Mar 16, 2020
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4
Business
Bitcoin fell below $30,000 Tuesday for the first time in more than five months, hit by China's crackdown on the world's most popular cryptocurrency.
Jun 22, 2021
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The term financial crisis is applied broadly to a variety of situations in which some financial institutions or assets suddenly lose a large part of their value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and many recessions coincided with these panics. Other situations that are often called financial crises include stock market crashes and the bursting of other financial bubbles, currency crises, and sovereign defaults.
Many economists have offered theories about how financial crises develop and how they could be prevented. There is little consensus, however, and financial crises are still a regular occurrence around the world.
This text uses material from Wikipedia, licensed under CC BY-SA
