The EU's executive arm proposed new rules on Wednesday that would force manufacturers to allow customers to have broken products repaired, in a bid to cut the number thrown out.. The 10-year rule will apply to products that are subject to the EU's "repairability requirements", with the bloc promising to add phones and tablets to that category soon.
The European Union's executive arm waded into the forest of dubious green labels, fairy tale carbon footprints and false eco-friendly advertising on Wednesday, proposing ways to clean up the "greenwashing" of consumer products.. The proposed directive, which will be submitted to the European Parliament and EU member states, will seek to rationalise green labelling and impose "dissuasive" punishments on dishonest advertisers.
Chinese gaming giant Tencent's profits fell steeply last year, according to an earnings report released Wednesday, as the country's tech sector weathers a government crackdown and a shaky economy.. Annual net profit in 2022 fell 16 percent year-on-year for the group, which owns the popular Chinese messaging app WeChat.
US banks will be paying especially close attention to the Federal Reserve's interest-rate decision on Wednesday after two weeks of market turmoil over the collapse of three regional lenders.. The Fed will also update its GDP growth and interest-rate projections on Wednesday.
British inflation unexpectedly accelerated in February, data showed Wednesday, deepening a cost-of-living crisis and pressuring the Bank of England to hike interest rates despite global markets turmoil.. "But the Bank of England may well want to see hard evidence of that before it stops raising interest rates."
Natural disasters increased insurers' costs in 2022, with inflation pushing up the bill even more, reinsurer Swiss Re said Wednesday, warning of likely further rises in the future due to climate change.. The growth has been and will be largely driven by rising loss severity of individual catastrophes... and a backdrop of hazard intensification due to climate change effects," the reinsurance giant said.
Balancing on a sloping tiled roof, apprentice Pascal Ode installs a solar panel under the watchful eye of his trainer.. The Berlin start-up offers long-term solar panel rentals, complete with installation and maintenance.
American banks will be paying especially close attention to the Federal Reserve's interest-rate decision on Wednesday, as the collapse of Silicon Valley Bank (SVB) continues to reverberate through financial markets. . The Fed will also update its GDP growth and interest-rate projections on Wednesday. da/caw
How do you protect people using new technology when it can radically change from one day to the next?. AI is in wide use, but the conversational robot ChatGPT has transformed how people view the technology -- and how regulators should monitor it to protect against risks.
Mohammad Javad enters a fashionable shop in well-to-do north Tehran with his mother.. Javad, while choosing his tie, was accompanied by his chador-clad mother, who not only encourages him to wear one but also asked the salesmen to teach her how to tie it properly for her son.
