Raised in vertical farms and stuffed with fruit waste, fly larvae have been turned into animal feed, as a new Costa Rican venture in sustainability is demonstrating.
Economy
Most viewed
Popular
Economy Latest News
US auto union halts work at Stellantis plant, expanding strike
The US auto workers union halted work at a giant Stellantis truck plant on Monday, expanding a five-week strike hitting Detroit automakers. The United Auto Workers action means that 6,800 workers walked off the job in Sterling Heights, Michigan, where the European auto giant assembles the highly profitable Ram 1500 pickup trucks.
France says talking to Saudi about Rafale fighter sale
The French government is talking to Saudi Arabia about selling the kingdom Rafale fighter jets, France's defence minister said on Monday. The Rafale, a twin-engine multirole fighter aircraft, is a bestseller for the French arms industry, and helped push French weapons exports to a record high last year.
US oil giant Chevron to buy rival Hess for $53 bn
US energy giant Chevron will buy its rival Hess for $53 billion in an all-stock deal, the companies announced in a joint statement on Monday. Chevron's deal values Hess's equity at $53 billion, while the total enterprise value of the transaction, including debt, is $60 billion, according to the statement.
Kenyan shilling hits record low of 150 to the dollar
The Kenyan shilling sank to a new all-time low of 150 to the dollar on Monday, adding to the woes of people already battered by high inflation and a raft of new taxes. According to Central Bank of Kenya data, the dollar was selling at just over 150 shillings, although some commercial banks and foreign exchange bureaux have been trading it at that level or higher in recent weeks.
Taiwan defends Foxconn over China tax probe
Taiwan defended tech giant Foxconn on Monday after China launched an investigation into several of the firm's sites, saying that Taiwanese businesses should not be subjected to "political interference". "They should not be subject to political scrutiny or political interference."
Equities drop as traders keep wary eye on Middle East crisis
Asian markets extended last week's sell-off Monday on fears of a regional conflict in the Middle East and worries that US interest rates will remain elevated for longer than initially thought. "The main question dominating global financial markets, particularly for Asian capital markets, is whether the sell-off in US Treasuries will subside or persist," said Stephen Innes of SPI Asset Management.
ECB set to hold rates as inflation drifts downwards
For the first time in over a year, European Central Bank policymakers are expected to decide against raising interest rates again when they gather in Athens on Thursday. The central bank, which holds one meeting outside its Frankfurt headquarters every year, looks set to follow in the footsteps of the US Federal Reserve and pause interest rate hikes for the time being.
'To not go crazy': Ukrainians open businesses in Poland en masse
Olena Romanova fled Ukraine for Poland when Russia invaded in February last year, leaving behind a successful facial massage salon business. For many Ukrainians, even those who have opened successful businesses in Poland, any long-term planning is difficult.
German solar industry looks to rise again
A decade after a wave of bankruptcies all but wiped out the German solar industry, the sector is looking to reestablish itself in the face of stiff competition from abroad. Nordic group Norwegian Crystals filed for bankruptcy in August, underlining the risks for the European sector as it looks to grow again. fcz/sea/hmn/rl
Economy
Load more