Tag #Economy

forbes.com
🌐 75% Global Worthiness
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Burberry Stock Soars Despite Sales Dip

Burberry's stock surged 15.7% to £12.38 on Friday after reporting better-than-expected sales for the three months ending in December, despite a 7% drop in retail revenue to £659 million—a smaller decline than the anticipated 12%.

Progress

40% Bias Score

Decent Work and Economic Growth
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
sueddeutsche.de
🌐 75% Global Worthiness
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German Construction Industry Forecasts Continued Turnover Decline in 2025

Germany's construction industry forecasts a continued decline in turnover for 2025 despite a recent order increase in November 2024, citing insufficient orders and calling for governmental policy changes to boost the sector.

Progress

56% Bias Score

Decent Work and Economic Growth
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
europe.chinadaily.com.cn
🌐 75% Global Worthiness
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HSBC to Close Zing App, Resulting in 400 Job Losses

HSBC, Europe's largest bank, is closing its mobile cross-border payments app, Zing, resulting in approximately 400 job losses due to a strategic review prioritizing cost-cutting and focusing on core business areas where it has a competitive advantage. The app failed to compete effectively against fi...

Progress

36% Bias Score

Decent Work and Economic Growth
politico.eu
🌐 75% Global Worthiness
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France Delays EU Sustainability Regulations

France is lobbying the European Union to indefinitely postpone the Corporate Due Diligence Directive (CSDDD) and delay the Corporate Sustainability Reporting Directive (CSRD) by two years, arguing the regulations are too complex for smaller businesses, impacting their growth. The French government's...

Progress

48% Bias Score

Responsible Consumption and Production
elmundo.es
🌐 75% Global Worthiness
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Spanish Omnibus Bill Fails Amidst Accusations of Opposition Causing Social Harm

Spanish Prime Minister Pedro Sánchez criticized the opposition Popular Party for voting against an omnibus bill containing pension increases, public transport discounts, and storm-related aid, claiming their opposition causes social harm and that their abstention would have secured its passage.

Progress

52% Bias Score

Reduced Inequality
sueddeutsche.de
🌐 75% Global Worthiness
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German Heating Costs Drop Significantly in 2024

Due to warmer weather and lower fuel prices, German households with gas or oil heating saw average costs decrease in 2024; gas heating costs fell by 12% to €1762, while oil heating costs dropped by 8% to €1629 for a typical single-family home.

Progress

36% Bias Score

Affordable and Clean Energy
theglobeandmail.com
🌐 75% Global Worthiness
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Donville Doubles Portfolio Returns, Eyes Strong 2025

Jason Donville of Donville Kent Asset Management doubled his portfolio returns in 2024 to 103 percent, anticipating continued market strength in 2025 due to robust corporate earnings and AI advancements, while acknowledging risks from trade disputes.

Progress

48% Bias Score

Decent Work and Economic Growth
it.euronews.com
🌐 75% Global Worthiness
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EU Plans €1 Billion Reserve to Protect Farmers from Mercosur Trade Deal

The European Union plans a €1 billion reserve to help farmers if the Mercosur trade deal negatively impacts their markets, following concerns over market disruptions, particularly in beef and poultry, and uncertainty over the fund's availability.

Progress

40% Bias Score

No Poverty
smh.com.au
🌐 75% Global Worthiness
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Whitebark Acquisition Fuels Alinya 3H Project Exploration

Whitebark Energy's acquisition of King Energy, finalized in early March for $1.67 million, significantly boosts exploration at King's Alinya 3H project in South Australia's Officer Basin, covering nearly 20,000 square kilometers with over 20 identified prospects.

Progress

52% Bias Score

Affordable and Clean Energy
sueddeutsche.de
🌐 75% Global Worthiness
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High Demand for Paris-Berlin ICE Train Prompts Expansion Plans

The new direct ICE train between Paris and Berlin, launched in late December, is experiencing exceptionally high demand with 90% average occupancy, prompting plans by DB and SNCF to expand the service, including additional direct connections between Paris and Munich.

Progress

36% Bias Score

Climate Action