Newsletter Jun 23, 2023

Church of England dumps all oil and gas investments

Campaigners on Thursday hailed a move by the Church of England to exclude all oil and gas majors from its investment portfolio because of climate concerns.

Interest rate hike heaps pressure on cash-strapped Britons

Millions of Britons are facing fresh mortgage misery after the Bank of England increased interest rates by an unexpected half-point, putting homeowners at risk of higher repayments on their loans during a cost-of-living crisis.

Bank of England set to increase interest rate for the 13th time in a row

The Bank of England is expected today to raise the interest rate for the 13th time in a row, despite recent forecasts of an improving economic outlook.

Is the soaring cost of living rooted in a deeper "cost of adaptation" crisis?

Climate and economic experts are pointing out that the systemic global and local problems behind sticky food inflation need more than just monetary approaches.

Climate finance summit wraps up eyeing bigger progress

A global summit seeking to overhaul the international financial system wraps up Friday after taking small steps towards easing the debt burden of developing nations weighed down by climate and economic crises.

Britain celebrates 'Windrush' anniversary after deportation scandal

Britain on Thursday celebrates the 75th anniversary of the arrival of the Empire Windrush ship bringing workers from the West Indies, but with the bitter legacy of a wrongful deportation scandal still fresh.

Global stocks mixed as central banks hike rates

Global stocks were mixed Thursday with European bourses falling after a clutch of central banks in Europe hiked interest rates again, while US equities shook off recent weakness.

Why is there a shift in online shopping trends and consumer behaviour?

A recent study highlights the evolution of online shopping, emphasising the significance of personalised experiences and new technologies.

Survey uncovers concerns about staff retention in current economic environment

According to the 2023 SME Business Survey by HR Solutions, one in two SMEs is concerned about staff retention in the current economic climate.

Twitter employees sue the social media company over unpaid bonuses

Twitter's owner Elon Musk has been reportedly implementing all sorts of reduction policies and has refused to pay the company's upcoming Google Cloud bill.

Ford-backed electric battery venture approved for $9.2bn US loan

Biden has supported heavy public investment in such initiatives to address climate change and bolster US manufacturing.

Women's health research is severely underfunded, according to recent report

A UKCRC report found that the research into women's health is extremely underfunded compared to the research into men's health conditions.

WHO calls for urgent action to end morphine supply inequality

As per the report, 10 companies dominated the morphine sales in the market from 2015 to 2020 and 80 per cent of this distribution went to US and Europe and other high-income countries in 2021.

What do we know about the missing passengers on the Titan submersible?

It has been four days since the Titan submarine carrying five people went missing in the North Atlantic Ocean.

Himalayan glaciers could lose up to 80% of their ice due to global warming: Report

Climate change and global warming are some of the biggest threats to our world.

Latest news from Spain could ruin summer plans for UK holidaymakers

Spain's coastal region receives thousands of tourists every summer.

Wimbledon to use AI powered robotic commentators

Questions are being asked about the possibility of replacing humans during the event coverage.