Giant sinkhole in Naples sparks evacuation of nearly 400 residents
A huge 10 metre (33 ft) deep sinkhole has appeared in a suburb of Naples, Italy, following a water pipe that broke, causing the...
Amazon aims to make half of shipments carbon-neutral by 2030
Amazon wants to cut its carbon footprint by making half of its shipments carbon-neutral by 2030 as part of a new initiative the tech...
Better Eurozone inflation and unemployment news
After posting a 0.1% price decline year-on-year in September, October’s Eurozone inflation (year-on-year) improved slightly, registering 0.0%. While still well below the European Central...
Wage theft in America is a ‘nationwide epidemic’
Wage theft in America is costing workers as much as $50 billion annually, according to a new Economy Policy Institute (EPI) Report. The authors...
Caesars Entertainment in talks with banks to lower its debt
Caesars Entertainment, the casino giant, recently announced that it is prepared to begin formal talks with its bank lenders in an effort to lower...
PwC promotes tax avoidance “on an industrial scale”, says Public Accounts Committee
The Public Accounts Committee accuses PricewaterhouseCoopers (PwC) of promoting tax avoidance “on an industrial scale”. It says the London-based multinational professional services network has...
US pushes Japan for free trade deal
The US is pushing Japan for a free trade deal, saying that the timing is now to sort out the obstacles for a Trans-Pacific...
UK fourth in Good Country Index Sweden first USA 21st
The UK was ranked fourth in the Good Country Index, behind Sweden in first place, followed by Denmark and the Netherlands. The USA came...
Supermassive black hole seen devouring giant clouds of cold clumpy gas
Astronomers have found a supermassive black hole devouring clouds of clumpy gas racing towards it - the first clear evidence of a chaotic cold...
30% of EU electricity consumption came from renewable sources in 2016
In 2016, thirty-percent of electricity that people and businesses in the European Union consumed came from renewable sources. According to Eurostat, the most important...