Global renewable energy generation to hit 320 GW this year
Renewable energy capacity will increase by 8% to 320 GW this year, Ivanhoe Mines founder and CEO Robert Friedland told...
Nine global banks invest $45 million in carbon credit platform
Nine global banks have invested a total of $45 million in a new platform to help scale up transactions of...
China’s economic rebound has boosted global growth
China’s renewed economic growth will have a positive impact on the global economy in 2023. As the world’s second-largest economy,...
TotalEnergies posts record net profits of $36.2 bln in 2022
French oil major TotalEnergies posted a record adjusted net profit of $36.2 billion in 2022, double the level of a...
Early bidders to get priority as Diageo buys EABL shares
British multinational Diageo will give EABL shareholders who were on the brewer’s books by January 16 and early bidders the...
Global container port congestion to decline through 2023
Pre-berth waiting times showed clear signs of improvement towards the end of 2022 despite, increasing disruption due to transport sector...
US to tap traditional African crops to solve food insecurity
The US is launching a new initiative to identify and invest in climate adaptation for Africa’s most nutritious crops in...
Ease of China travel ban a welcome relief for East African tourism
China’s decision to simultaneously lower restrictions for Covid-19 and resume regular international travel is being seen as a possible silver...
Global steel production fell by 4.2% in 2022
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 140.7 million tonnes (Mt)...
Mastercard, Heifer International partner to empower Africa’s farmers
Heifer International, a global non-profit organisation and Mastercard have partnered to empower smallholder farmers in Sub-Saharan Africa. The partnership will...