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Tax natural resource use, say consumers in Ipsos survey

71% think businesses that use scarce natural resources should be taxed, according to a new Ipsos survey. 85% want to see appropriate product labelling on goods. Agreement was strongest in developing economies. Moving away from a ‘take-make-dispose’ approach to a more circular economy is considered a key strategy in combatting climate change. A growing number […]

How heat waves can scorch the U.S. economy

The triple-digit temperatures roasting the Pacific Northwest under a lingering heat dome are also starting to hurt the region’s economy. In Portland, Oregon, temperatures forced the city’s streetcar system to shut down as power cables melted and the heat strained the power grid. Near Seattle, roads cracked along stretches of a major interstate and a public pool […]

The EU Cuts Data Flows from the World. The U.S. Shouldn’t Hold the Knife.

In our digital age, you have to think of computers, phones, and the Internet as the veins of the world economy, and the data coursing through them as the blood sustaining the entire system. Just as blood is necessary to keep the body alive and maturing, so is data essential for innovation and economic growth. […]

China’s economic approach to protecting its ecology

Tourists take photos at a bird-observation ecotourism point in Ziyun Village, in southeast China’s Fujian province.Credit: Xinhua/Shutterstock Later this year, China will announce the first parks to be included in its new protected-areas system. It is aiming to replace the current fragmented network of poorly managed protected areas with a national-park model similar to that […]

Business News | Stock and Share Market News

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DCSO: Man in custody after threatening shoppers at Dollar General, cutting man with machete

DORCHESTER, S.C. (WCBD) – The Dorchester County Sheriff’s Office (DCSO) on Monday took a man into custody after he allegedly brought a hatchet into a Summerville Dollar General and threatened customers, then cut a man with a machete in the parking lot. DCSO received the call around 4:07 p.m. and sent units to the scene. […]

Americans’ Hunger for the World’s Goods Drives Global Recovery

A gusher of money is spilling out from the U.S. economy and rippling around the world, driving the global recovery to an extent it hasn’t in decades and giving confidence to businesses to invest in meeting the huge American demand. The U.S. economy, turbocharged by stimulus worth almost $6 trillion and hungry for the world’s […]

Markets subdued as Covid-19 restrictions weigh on economic recovery hopes – business live | Business

Malaysia has extended is MCO national lockdown once again. Thailand has tightened restrictions in Bangkok. Jakarta, where I am based, is in a dark place, with cases surging, with that pattern being repeated across Java. In Australia, the Greater Sydney area lockdown was widened, and Darwin also entered a snap lockdown with the trans-Tasman air […]

Singapore aims to be global e-commerce hub as Asia’s digital economy grows

A group of Black Friday online shopping purchases photographed in delivery boxes filled with polystyrene packing pellets, taken on September 13, 2019. Neil Godwin| Future Publishing | Getty Images Singapore wants to become a leading e-commerce hub in Asia — but there may be challenges ahead. As the pandemic reshapes consumer behavior worldwide, more and […]

Debt at 58.8% of GDP as economy shrinks

NEW DELHI : India’s debt soared to 58.8% of the gross domestic product in the fiscal year ended March from 51.6% a year ago as the economic contraction forced the government to borrow a record amount to meet a revenue shortfall, finance ministry data showed, prompting experts to raise concerns over debt sustainability in the […]