Australia’s Retail Sales Decline as Rising Rates Take Toll
Australian retail sales unexpectedly fell in June, suggesting consumers are hunkering down in response to the Reserve Bank’s
2023-07-28 11:04
Europe to cover continent in fast EV chargers under new law
The European Union has passed a new law to cover the continent in fast charging stations in order to meet the growing demand of electric cars. The legislation calls for fast recharging stations for cars and vans every 60 kilometres (37 miles) along the EU’s main transport corridors by 2025. The same distance requirements for heavy goods vehicles will need to be met by 2030. Airports and ports will also need to provide electricity for passenger vessels and aircraft by 2025. “The new law is a milestone,” said Raquel Sánchez Jiménez, Spain’s Minister of Transport. “We are optimistic that in the near future, citizens will be able to charge their electric cars as easily as they do today in traditional petrol stations.” The new EU law forms part of the ‘Fit for 55 package’, announced by the European Commission in 2021, which aims to reduce net greenhouse gas emissions by at least 55 per cent by 2030 compared to 1990 levels. The EU is also aiming to achieve climate neutrality by 2050. Electric car ownership in Europe and worldwide has seen huge growth in recent years, with EV car sales now representing around one fifth of all new car sales globally. Last month, the battery-electric car market in the EU surged from 10.7 per cent to 15.1 per cent year-on-year, according to figures from the European Automobile Manufacturers’ Association (ACEA), overtaking diesel vehicles for the first time. The countries with the biggest growth were the Netherlands, Germany and France, contributing to more than 700,000 units sold in the first half of the year. Read More Battery breakthroughs are about to trigger a transport revolution
2023-07-26 23:17
Biden will host outgoing NATO secretary-general Stoltenberg as competition to replace him heats up
President Joe Biden's meeting with outgoing NATO Secretary-General Jens Stoltenberg has been pushed back a day after Biden underwent an unexpected root canal procedure
2023-06-13 00:44
Ken Jennings to take over ‘Celebrity Jeopardy!’ as Mayim Bialik steps down from hosting duties amid WGA strike
When Hollywood stars hit the podium for ‘Celebrity Jeopardy!’, a new host will test their trivia knowledge
2023-08-22 11:07
US hostage envoy quietly traveled to Venezuela this week
US Special Presidential Envoy for Hostage Affairs Roger Carstens quietly traveled to Venezuela this week, a State Department spokesperson confirmed to CNN.
2023-06-22 05:17
Fed's Perli says balance sheet run down still has a ways to go
By Michael S. Derby (Reuters) -The Federal Reserve is not close to the point where it will need to slow
2023-10-10 21:49
Hong Kong's Roman Catholic cardinal says he dreams of bishops from greater China praying together
Hong Kong’s newly appointed Roman Catholic cardinal says he dreams of having bishops and faithfuls from different parts of greater China pray together one day
2023-11-17 22:31
SourceNow CEO Jean-Paul Renard to Co-Chair Habitat for Humanity's Annual CEO Build, Demonstrating Lifelong Commitment to Service
LAKE WORTH BEACH, Fla.--(BUSINESS WIRE)--Jul 21, 2023--
2023-07-21 23:00
Bayern to repay 245,000 euros for breaking minimum wage rules
Bayern Munich have been forced to repay over 200,000 euros ($216,560) for failing to meet minimum wage requirements over a five-year period, Bavarian...
2023-06-15 17:12
Explainer-The latest on tax credit rules in Biden's climate and drugs bill
By Jarrett Renshaw and Philip Blenkinsop U.S. President Joe Biden's Inflation Reduction Act (IRA), cheered by some Democrats
2023-05-18 13:09
US envoy Kerry says climate cooperation could redefine US-China ties
(Corrects temperature to 52.2C, not 52.3C, in paragraph 4) By Valerie Volcovici BEIJING (Reuters) -China and the United States could
2023-07-18 12:38
'Succession' finale: Fans react to end of Emmy-winning hit drama
The critically acclaimed HBO drama “Succession” has ended after its fourth and final season finale aired at 9 p.m. ET
2023-05-29 10:59
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