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Europe at risk of winter energy rationing, energy watchdog warns

Europe is at risk of energy rationing this winter, particularly if cold weather coincides with resurgent economic demand in China, the head of the world’s watchdog for the sector has warned. In some of the toughest comments yet about the possible scope of energy shortages in the wake of Russia’s invasion of Ukraine, Fatih Birol,…
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8 June 2022 0

Netflix: de-Faanged but still spending 

The days when Netflix was considered one of the five best-performing US tech companies are long gone. The streaming service’s share price is down 71 per cent from its high point last year. That eclipses the sell-off at Apple, Alphabet, Facebook/Meta and Amazon — aka the other Faang stocks. Netflix has announced job cuts and…
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8 June 2022 0

Tesco rebuked over greenwashing in adverts for plant-based food

Tesco has been rebuked by the UK advertising watchdog after the country’s largest supermarket chain failed to show that its Plant Chef burgers and plant protein-based foods were more environmentally friendly than their meat equivalents. The Advertising Standards Authority, which has launched a crackdown on so-called “greenwashing”, barred Tesco from repeating a series of adverts…
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7 June 2022 0