World
A travel pro’s ‘secret’ for easing into work mode after a long vacation
Remote work makes it easier than ever to take a working vacation — you can travel to a new location, log in during the day and essentially get away without having to use your PTO days. But a lot of people are coming back from these “breaks” even more burned out than when they left. […]
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Volvo says it has started testing trucks with fuel cells powered by hydrogen
According to Volvo Trucks, fuel cells for the vehicles will be provided by cellcentric, a joint venture with Daimler Truck that was established in March 2021. Tomohiro Ohsumi | Bloomberg | Getty Images Volvo Trucks said Monday that it had begun to test vehicles that use “fuel cells powered by hydrogen,” with the Swedish firm […]
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Sterling has further to fall as Bank of England wrestles growth-inflation conundrum, strategists say
LONDON — Sterling has fallen more than 9% against the U.S. dollar so far this year and despite a recent reprieve, currency strategists see further pain ahead for the pound. The Bank of England last week delivered another 25 basis point hike to interest rates, a more cautious move than peers such as the U.S. […]
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Colombia picks 1st leftist president in tight runoff contest
Newly elected Colombian President Gustavo Petro (C) and his running mate Francia Marquez (R) celebrate at the Movistar Arena in Bogota, on June 19, 2022 after winning the presidential runoff Daniel Munoz | Afp | Getty Images Colombia will be governed by a leftist president for the first time after former rebel Gustavo Petro narrowly […]
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Gaming giant NetEase plunges nearly 7% after it delays release of Diablo Immortal in China
The NetEase Games booth at the China Joy conference in Shanghai on July 30, 2021. Arjun Kharpal | CNBC On China’s Twitter-like service Weibo, the official account of Diablo Immortal is banned from posting for “violating relevant laws and regulation.” It’s unclear which rules the account has broken. NetEase declined to comment further on the […]
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‘The situation is serious’: Germany plans to fire up coal plants as Russia throttles gas supplies
Germany plans to compensate for a cut in Russian gas supplies by increasing the burning of coal — the most carbon-intensive fossil fuel in terms of emissions. Bloomberg | Bloomberg | Getty Images Germany has said the deteriorating gas market situation means Europe’s largest economy must limit the use of natural gas for electricity production […]
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Bitcoin rebounds 8% but struggles to hold above $20,000
Bitcoin continues to trade around the $20,000 mark, keeping investors on edge about where the price is going next. Nurphoto | Getty Images Bitcoin jumped 8% on Monday after a sharp sell-off over the weekend but continues to teeter around the $20,000 mark, keeping investors on edge. The world’s largest cryptocurrency was trading at $19,935.98 […]
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Four-day week? These firms say they’ve nailed the new working model and profits are good
When Alice Will and her team at Edinburgh-based food and drink marketing agency Lux decided to trial a four-day working week back in January 2020, they chose not to tell clients as a way of testing its effectiveness. “If our clients don’t notice, then that’s a huge measure of whether it’s working … none of […]
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France’s Macron loses parliamentary majority, putting his economic reform agenda at risk
French President Emmanuel Macron might have been relieved after getting reelected in April — but his second term in office just got a lot more complicated. His Ensemble! alliance has lost its absolute parliamentary majority of five years following a second round of legislative elections. France’s President Emmanuel Macron speaks to fellow voters as he […]
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The world can avoid a recession but it won’t think it can until it does, says David Roche
A “global recession depression” is unlikely to happen, but the world won’t think it can avoid one until it does, according to veteran strategist David Roche. “The likelihood is that the world is going to worry most about recession because what you’re describing is a lot of things going wrong at the same time, and […]
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