Tag #Economy

es.euronews.com
🌐 75% Global Worthiness
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IAG Leads Bid for \$1 Billion TAP Stake

IAG is the frontrunner to buy a \$1 billion stake in Portugal's TAP airline, outbidding Lufthansa and Air France-KLM; however, the deal faces regulatory hurdles and concerns about diluting TAP's Portuguese identity.

Progress

40% Bias Score

Decent Work and Economic Growth
lefigaro.fr
🌐 75% Global Worthiness
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France Rejects Tax on Wealthy Retirees, but Debate Continues

French Labour Minister proposed taxing retirees earning over €2000-2500 monthly to fund social security; the proposal was rejected for the 2025 budget but the debate continues for future budgets, revealing internal government disagreements.

Progress

52% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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BC Accelerates Renewable Energy Amid US Tariff Threat

British Columbia is accelerating renewable energy development, signing a deal for 200 megawatts of wind power to reduce reliance on US electricity amid threatened tariffs and recent power shortages, aiming for energy independence and meeting growing demand.

Progress

36% Bias Score

Affordable and Clean Energy
cnbc.com
🌐 75% Global Worthiness
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Meta to Test Ads on Threads Platform

Meta is testing ads on its Threads app with a few companies in the U.S. and Japan, marking its first attempt to generate revenue from the platform that launched in July 2023 and has over 300 million monthly users.

Progress

36% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 75% Global Worthiness
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Entrepreneur Teaches Kids Investing Lessons After $60 Million Sale

Entrepreneur Eric Malka's $60 million sale of The Art of Shaving prompted a shift to investing, where he now educates his children, emphasizing learning from mistakes, a contrast to other parents' more conservative approaches. This highlights different approaches to financial education for children ...

Progress

44% Bias Score

Quality Education
forbes.com
🌐 75% Global Worthiness
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SoFi Exceeds Q3 Expectations Amidst Analyst Uncertainty

SoFi, a financial services platform, exceeded Q3 2024 revenue and earnings expectations, reporting $697 million in revenue and 5 cents GAAP EPS, while its customer count grew by a third to over 10 million; however, its stock price, at $18.10, remains below its peak, and analysts have mixed views on ...

Progress

44% Bias Score

Reduced Inequality
faz.net
🌐 75% Global Worthiness
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BASF Misses Q4 Profit Targets Amidst Battery Chemical Write-Downs and Restructuring

BASF's Q4 2023 results revealed a €3.2 billion profit miss despite meeting revenue and earnings expectations, primarily due to write-downs in battery chemicals and restructuring costs at its Ludwigshafen site, prompting the company to seek alliances and partnerships.

Progress

24% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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Venture Global's Subdued IPO Debut at $58.2 Billion Valuation

Venture Global's $58.2 billion IPO debuted nearly 4 percent below its $25 IPO price on Friday, raising $1.75 billion from the sale of 70 million shares—significantly less than its initial $2.3 billion target due to investor concerns over long-term profit estimates and legal battles.

Progress

36% Bias Score

Climate Action
liberation.fr
🌐 75% Global Worthiness
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French Home Renovations Drop 35% Despite Increased Funding

France saw a 35% decrease in total home renovations in 2024 (403,155 vs 623,790 in 2023), despite a rise in aid to 3.77 billion euros. Large-scale energy renovations increased by 27.59% (91,374), improving energy efficiency by 65% on average. This trend reflects a shift towards higher-impact project...

Progress

36% Bias Score

Climate Action
theglobeandmail.com
🌐 75% Global Worthiness
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CRA Extends Charitable Donation Tax Deadline to March 2025

The Canada Revenue Agency confirmed Canadians can claim charitable donations made before March 2025 against their 2024 taxes, extending a deadline initially set for December 31, 2024, to mitigate the impact of the Canada Post strike on charities.

Progress

32% Bias Score

Reduced Inequality
welt.de
🌐 75% Global Worthiness
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Hesse to Combat Housing Vacancy with Strict New Law

Hesse plans to introduce a law allowing municipalities to limit housing vacancy to six months via ordinances, punishable by fines up to €500,000, to alleviate housing shortages; exceptions exist for justifiable reasons like renovations.

Progress

44% Bias Score

Sustainable Cities and Communities
smh.com.au
🌐 65% Global Worthiness
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Queensland Faces \$217.8 Billion Debt Projection, Premier Assures Public Servants

Queensland's debt is projected to hit \$217.8 billion by 2027-28, prompting Premier Crisafulli to assure public servants of job security despite Treasurer Janetzki's warning of a potential credit rating downgrade, a claim the opposition calls exaggerated.

Progress

40% Bias Score

Decent Work and Economic Growth