The UN World Tourism Organization (UNWTO) has released data highlighting the countries that spent the most on tourism, earned the most from it, and were the most visited in 2023. German, British, and Italian tourists rank among the highest spenders in global travel. In 2023, Chinese tourists led the spending,...

In May, the Iberian market lost its title as the region with the lowest electricity costs to France, a position it had held for three consecutive months, according to ALeasSoft Energy Forecasting. Despite record-high solar energy production, wind energy output declined in most countries during this period. Electricity prices across...

Fifo Capital has appointed Paul James as its new CEO, heralding a new era of growth and innovation for the company. With a wealth of experience in financial services, including leadership roles at GE Capital, Latitude Financial Services, and Leda, Paul brings a proven track record of driving profitable growth...

As of June 1, 2024, European gas storage facilities were over 70% full, marking the second-highest level recorded for this time of year, according to the AGSI platform. However, despite this healthy storage level, the European gas market remains highly sensitive to various influencing factors. In May 2024, Russian gas...

Over the past decade, property values in Monaco have surged by 40%, drawing in affluent newcomers eager to claim a piece of this exclusive locale. The world's most densely populated country, home to figures like Sir Lewis Hamilton and Dame Shirley Bassey, continually demands the pinnacle of luxury. To meet...

In the past year, the United States has solidified its position as the dominant player in the global domestic aviation market, accounting for 15.4% of the total market share. Closely trailing is China, with a significant 11.2% share. April 2023 saw a notable 4.0% increase in domestic air travel demand...

Unemployment in the UK is increasing at the fastest rate among 38 of the world's wealthiest countries, according to an analysis by the Trades Union Congress (TUC). This comes ahead of official labor market figures expected to show a further rise in joblessness. The TUC's examination of data from the...

NVIDIA, a leader in the AI chip industry, has surged past Apple to become the second most valuable publicly traded company globally, achieving a market capitalization exceeding $3 trillion. This milestone, recorded on June 6, 2024, positions NVIDIA right behind Microsoft. The company's meteoric growth in market value has elevated...

In its recent briefing, "Credible Contributions: Bolder Plans for Higher Climate Ambition in the Next Round of NDCs," the Energy Transitions Commission (ETC) emphasizes the need for increased collaboration between industry and government to enhance the ambition of the upcoming Nationally Determined Contributions (NDCs) by COP30. The report advocates that...