Kevin Kendall pulls up at the only green hydrogen refuelling station in Birmingham, Britain's second-biggest city, and swiftly fills his sedan with clean gas.. In Birmingham, central England, it costs about £50 ($60) to fill Kendall's Toyota Mirai with the green hydrogen that is produced at a plant next to the refuelling station.
Oil prices extended losses Tuesday after weak US and Chinese data reinforced recession expectations, though equities won support from hopes the figures will allow central banks to temper their pace of interest rate hikes.. That has led to speculation that central bank chiefs could lift rates at a slower pace, and then think about pivoting monetary policy to cuts as early as next year.
Inflation, supply chain problems and ongoing Covid-19 lockdowns in China are among the factors conspiring to delay a full recovery in business travel to its pre-pandemic level, according to an industry forecast released Monday.. "The factors impacting many industries around the world are also anticipated to impact global business travel recovery into 2025," said Suzanne Neufang, the association's chief executive.
Oil prices slumped more than five percent Monday on the rising prospects of a return of Iranian oil to the market and data showing China's economic recovery stuttering under Covid-19 restrictions.. Oil prices, which had already been sharply lower on the Chinese data, pushed even further lower and recording daily drops of more than five percent, before later clawing back some of their losses.
Investigative journalism has emerged as a powerful force during Greece's phone-hacking scandal, rocking a government that tries to "control" the media landscape, experts say.. With disinformation rife, "investigative media dare to control the power", said media analyst Georges Tzogopoulos.
German households face an energy surcharge reaching hundreds of euros in the wake of the Ukraine war, according to the rate published Monday, prompting the government to promise relief measures.. He promised that the "levy will be accompanied by another relief package", details of which are still being discussed.
President Vladimir Putin on Monday promoted Russian weapons to his foreign allies, saying they had all been tested on the field of battle. . He said Russian weapons are valued by military professionals for their "reliability, quality and most importantly -- high efficiency".
Asian markets mostly rose Monday as investors took heart from signs of cooling US inflation, but Hong Kong and Shanghai fell as data showed China's economy was struggling with its Covid-19 restrictions.. China unexpectedly cut key interest rates as a raft of data released Monday indicated the world's second-largest economy was struggling with virus restrictions and a slumping property market.
Factory output and retail sales in China edged up in July but were weaker than analysts' expectations, official data showed Monday, as a Covid-19 resurgence and property market jitters cast a pall over hopes for a stronger economic recovery.. Retail sales likely stalled "due to some renewed virus disruptions and the blow to consumer sentiment from the problems in the housing market," Julian Evans-Pritchard, senior China economist at Capital Economics said in a recent report.
The bitcoin boom spawned new billionaires and videos of beach parties and Lamborghinis.. Bitcoin was the first cryptocurrency.
