Microsoft buys 1.6m carbon credits from central American project
Microsoft Corp. purchased 1.6 million carbon removal credits from one of the largest fully financed nature-based…
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US EV electricity consumption surges over 50% in early ’24
Electricity consumption from electric vehicles (EVs) in the United States surged by over 50 per cent in the first…
EU to retain Russian frozen assets revenues even after lifting sanctions
The European Union (EU) has stated that it does not plan to transfer income from frozen Russian sovereign assets,…
Bundesbank raises inflation alert amid surging wages
Germany’s central bank, the Bundesbank, reported on Wednesday that wages in the country have been rising faster…
UK house prices see first annual increase in 9 months
British house prices increased by 1.8 per cent annually in March, marking the first rise since June of the previous…
Europe pioneers in AI regulation with new laws
The European Union’s (EU) landmark rules on artificial intelligence (AI), known as the AI Act, will come into force…
Turkey’s central bank to maintain rate pause amid inflation surge
Turkey’s central bank is expected to overlook a surge in inflation to around 75 per cent this month, likely…
EU watchdog seeks oversight of cross-border finance firms
The European Securities and Markets Authority (ESMA) has called for direct supervisory powers over cross-border…
Sharm El Sheikh’s African Tourism Forum goes annual
The organisers of the African Tourism Forum 2024 in Sharm El Sheikh announced on Wednesday that the forum will be…
European stocks fall as UK inflation concerns weigh on
European stocks experienced a slight decline in early trading on Wednesday, influenced by higher-than-anticipated…