The number of jobs being created through renewable energy is on the increase, according to a report from the International Renewable Energy Agency (Irena). Last year, global renewable energy employment reached 10.3 million, a 5.3pc increase on the previous year. While an increasing number of countries are deriving socio-economic benefits from renewable energy, employment remains […]

SINGAPORE (Reuters) – Oil prices slumped to 2018 lows on Friday in choppy trading, pulled down an emerging crude supply overhang amid a bleak economic outlook. The fall came even as markets expect the Organization of the Petroleum Exporting Countries (OPEC) to start withholding supply after a meeting planned for Dec. 6. International benchmark Brent […]

Joining a long tradition of companies and campaigns that drop bad news on holidays, Facebook on Thanksgiving eve took responsibility for hiring a Washington-based lobbying company, Definers Public Affairs, that pushed negative stories about Facebook’s critics, including the philanthropist George Soros. Facebook’s communications and policy chief, Elliot Schrage, said in a memo posted Wednesday that […]

LONDON (Reuters) – Europe’s share markets dropped back into the red on Thursday as investor worries mounted about slowing global growth in the face of rising U.S. interest rates and trade tensions. Chinese markets extended their slump in Asia amid the trade war with the United States, and with Wall Street closed later for Thanksgiving, […]

One day in December 2012, a young Malaysian V.I.P. entered the gleaming headquarters of Goldman Sachs in Lower Manhattan. The man, Jho Low, a financier with close ties to Malaysia’s prime minister, was there for a private meeting with one of the most powerful people on Wall Street: Goldman’s longtime chairman and chief executive, Lloyd […]

Ryanair is not seeing any impact from Brexit on demand for flights, and is prepared for a no-deal, chief marketing officer Kenny Jacobs said yesterday. He added that it isn’t interested in buying British regional airline Flybe, which put itself up for sale last week. In a press conference in London, Mr Jacobs reiterated comments […]

(Reuters) – Steinhoff International (SNHJ.J) said on Thursday its Mattress Firm Inc unit, the largest U.S. mattress retailer, emerged out of bankruptcy with access to $525 million in exit financing, within two months of filing for Chapter 11 protection. Mattress Firm also closed about 660 underperforming stores, said Steinhoff, which has been working on a […]

SYDNEY (Reuters) – Asian shares seesawed in cautious trading on Thursday with China extending losses as investors fretted about slowing global growth in the face of rising U.S. interest rates and trade tensions. U.S. stock futures also briefly pulled down after a bounce in Wall Street overnight, underscoring fragile investor sentiment following a rout in […]

Out of all the senses, smell is one that can conjure a memory, a snapshot in time, so to capture such a fragrance would be precious to many. Inspired by the smells of Ireland’s landscapes – and other coastlines all over the world – this artisan entrepreneur built his business that would facilitate the gifting […]

Public sector borrowing – the shortfall between the Government’s revenues and spending – was £8.8bn in October. That was up from £7.2bn in the same month a year ago, the Office for National Statistics (ONS) said – compared to a reading of just over £6bn expected by economists. It was the biggest October shortfall for […]