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European firms reportedly improving climate action lobbying

European firms reportedly improving climate action lobbying

New research has found that European companies are increasingly engaging with climate change, with a sharp rise in firms lobbying for climate action since 2019. New research suggests that European companies may be more engaged with climate change policies and action than first thought. Analysts say that the share of companies whose corporate lobbying is ‘aligned’ with plans for global climate goals increased from 3% in 2019 to an impressive 23%...

By Bristol, UK
Amazon boss says UK needs more nuclear power for AI

Amazon boss says UK needs more nuclear power for AI

If the UK wants to keep up with the demands of AI services, it will need to invest in nuclear power to run its data centres, says Amazon boss Matt Garman. The UK needs to invest in nuclear power if it wants to build AI infrastructure, Amazon Web Services boss Matt Garman has said to the BBC. In order to operate AI, large data centres that require hefty amount of energy...

By Bristol, UK
US estimated to lose $12.5 billion in tourism spending this year

US estimated to lose $12.5 billion in tourism spending this year

The World Travel and Tourism Council (WTTC) has estimated that the US is on track to lose over $12.5 billion USD in international visitor spending in 2025, representing a 22.5% decline. The US is expected to take a sizeable hit in tourism spending this year, a new estimate by the World Travel and Tourism Council (WTTC) has revealed. The WTTC is a global body that represents the travel and tourism private...

By Bristol, UK
US and China agree to slash tariffs amid ongoing trade war

US and China agree to slash tariffs amid ongoing trade war

In talks held earlier this week in Geneva, representatives from both nations came together to reach a deal involving a 90-day window with tariff reductions. When President Donald Trump announced a sweeping new set of major tariffs on April 2nd, global financial markets took a turn for the worse. On this particular day, which he referred to as “Liberation Day,” he declared a national emergency based on what he described...

By Kuala Lumpur, Malaysia