Spain

China tells carmakers to pause investment in EU countries backing EV tariffs, Reuters reports
World

China tells carmakers to pause investment in EU countries backing EV tariffs, Reuters reports

Members of the press and the general public check out the Atto 3 electric SUV made by Chinese carmaker BYD, at the Fully Charged Live electric vehicle trade show in Farnborough, Britain, April 28, 2023. Nick Carey | Reuters China has told its automakers to halt big investment in European countries that support extra tariffs on […]

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‘They want something different’: Two new reports predict a big shift in travel behavior in 2025
Travel

‘They want something different’: Two new reports predict a big shift in travel behavior in 2025

The biggest travel trend of 2022 was to go big, spend big — with people eagerly booking bucket list-style trips to places like Bali, Rome, London and Paris. But two new reports show travelers are now in a very different headspace. Trend reports from Expedia and Booking.com show vacationers are forgoing splashy trips to global […]

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Japan visitors spent  billion through September, breaking annual record
World

Japan visitors spent $39 billion through September, breaking annual record

Visitors walk on the Sannenzaka slope in Kyoto, Japan, on Sunday, June, 26, 2022. Kosuke Okahara | Bloomberg | Getty Images Visitor spending in Japan broke an annual record in just nine months, official data showed on Wednesday, demonstrating the economic power of a tourism boom fueled by the weak yen. Travelers spent 5.86 trillion yen ($39.27 billion) through […]

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GSTC CEO: Barcelona tourists and locals face ‘unique’ clash
Travel

GSTC CEO: Barcelona tourists and locals face ‘unique’ clash

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Randy Durband, CEO of the Global Sustainable Tourism Council, talks about the anti-tourism protests in Barcelona and tried-and-true strategies authorities can implement to mitigate overtourism. Source

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Expect more protests against mass tourism in Spain, organizers say
Travel

Expect more protests against mass tourism in Spain, organizers say

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Tourist arrivals to Spain increased following anti-tourism protests this year. But Barcelona organizers say protests are one step in a larger plan to reduce tourism in the city, reports CNBC’s Monica Pitrelli. Source

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Protesters in Spain told tourists to ‘go home.’ Instead more arrived.
Travel

Protesters in Spain told tourists to ‘go home.’ Instead more arrived.

On July 6, thousands of anti-tourism protesters marched through the streets of Barcelona, shouting: “Tourists go home!” A little more than a month later, Spain’s tourism board sent a mass email with a different message: “Spain: the summer you’ll want to repeat every year … We can’t wait to see you!” Tourists caught in the […]

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‘Coolcations’ had another big summer. Here are the places travelers went
Travel

‘Coolcations’ had another big summer. Here are the places travelers went

Extreme temperatures are driving travelers to seek cooler destinations. And there’s a term for the trend: “coolcations.” Heat waves — which are increasing in frequency, duration and intensity, according to the U.S. Environmental Protection Agency — are affecting where people are choosing to vacation, especially during the hot summer months. “Often, when we think of vacation, […]

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UniCredit’s pursuit of Commerzbank reflects a watershed moment for Europe — and its banking union
Finance

UniCredit’s pursuit of Commerzbank reflects a watershed moment for Europe — and its banking union

Key Points European banking’s latest takeover battle is widely regarded as a potential turning point for the region — particularly the bloc’s incomplete banking union Italy’s UniCredit has ratcheted up the pressure on Frankfurt-based Commerzbank in recent weeks as it seeks to become the biggest investor in Germany’s second-largest lender with a 21% stake. The Milan-based bank, […]

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Water shortages are likely brewing future wars — with several flashpoints across the globe
World

Water shortages are likely brewing future wars — with several flashpoints across the globe

A ship stranded in the growing salt flats of Lake Urmia in Iran. Hamed | Afp | Getty Images The diminishing availability of water resources across the globe should be considered one of the most pressing environmental security challenges of the century. That’s the view of one military geography and environmental security specialist, who recently […]

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Strong Tesla Megapack sales will boost this renewable stock, BofA says — giving it over 50% upside
World

Strong Tesla Megapack sales will boost this renewable stock, BofA says — giving it over 50% upside

Grenergy , a Spain-listed renewable energy company, is a promising investment opportunity in the rapidly expanding energy storage sector, according to Bank of America. The Wall Street bank said it believes the company’s focus on utility-scale battery projects will see it benefit from the growing demand for grid-scale energy storage, a trend underscored by Tesla […]

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