Firms need to act faster on climate change, says BoE governor Mark Carney
Bank of England governor Mark Carney told the BBC in an interview that finance firms need to act faster on climate change. He described...
Luxury consumption can spark feelings of inauthenticity, study finds
While luxury consumption can yield status benefits for some, for others it can spark feelings of inauthenticity, according to a new study published in...
CJEU rules that Airbnb does not require an estate agent’s license to operate in...
The Court of Justice of the European Union (CJEU) has ruled that the online hospitality booking service Airbnb does not require an estate agent's...
Social status influences attitude toward store brands
While private-label brands offer good value, the market share of such brands has remained low in most countries. So why is it that some...
Major UK power plant ‘Drax’ to become carbon negative by 2030
A major British power plant, Drax, has pledged to become carbon negative by 2030.
The plant, located in North Yorkshire, used to run exclusively on...
China’s exports dropped 1.1% in November from a year earlier
China's exports dropped sharply by 1.1% in November from a year earlier, according to customs data, marking the fourth consecutive month that Chinese exports...
US economy added 266,000 jobs in November
The US economy added 266,000 jobs last month, the largest gain in 10 months, according to official data released by the Labor Department on...
Using green products improves consumption experience, study finds
According to a new study, consumers have a better consumption experience when using green products.
Researchers from Concordia’s John Molson School of Business carried out...
Daimler axing 10,000 jobs to free up money for large investments
Daimler, owner of Mercedez-Benz, announced that it will be axing 10,000 jobs to free up money for the development of clean, electric vehicles.
"The development...
Audi axing 9,500 jobs to invest more in electric vehicles and digital working
German carmaker Audi announced that it will axe 9,500 jobs, approximately 10% of its global workforce, between now and 2025.
The cuts ultimately aim to...