Economy
US allows Cuban entrepreneurs conditional banking access
Private sector entrepreneurs in Cuba will be able to establish US bank accounts which they can remotely access, US officials said Tuesday, in announcing an update to the country's Cuba policy.
Countries at odds over how to reignite pandemic agreement
Countries aired stark differences Tuesday on where to go next in trying to strike a global agreement for handling future pandemics, after missing a deadline to finalise a deal. But the negotiations ended last Friday without finalising a deal.
French delicatessen Fauchon bought by Breton biscuit firm
French gourmet food and delicatessen company Fauchon said Tuesday it has been bought out by Galapagos, a Brittany-based biscuit maker. "Eucelia Investments SA, investment company of the Ducros family, has chosen to sell the company to the Tacquard family at the head of the Breton group Galapagos," according to a statement that did not give a value for the deal.
New Caledonia unrest pushes nickel sector deeper into crisis
Weeks of unrest in New Caledonia have plunged the archipelago's nickel industry, already on government life support, closer to catastrophe, sector representatives say. And although France has lifted a state of emergency across the territory after two weeks of unrest in which seven people died and hundreds were injured, few expect a fast return to normality in the nickel industry.
US to unveil 'guardrails' needed for carbon markets to succeed
President Joe Biden's administration is set Tuesday to unveil "guardrails" it says will ensure that carbon offset markets effectively reduce greenhouse gas emissions, a significant win for advocates of the contentious schemes.
UK Labour touts pro-business shift as industry figures back party in election
The UK's Labour opposition vowed Tuesday to be both "pro-worker and pro-business" after winning the backing of 120 industry leaders as the party tries to oust the Conservatives in the upcoming general election.
Climate change caused 26 extra days of extreme heat in last year: report
The world experience an average of 26 more days of extreme heat over the last 12 months that would probably not have occurred without climate change, a report said on Tuesday. They concluded that "human-caused climate change added -- on average, across all places in the world -- 26 more days of extreme heat than there would have been without it".
More Nigerians abandon entrepreneurship dreams, return to job market as economy bites hard
The National Bureau of Statistics said the number of small-scale industrialists in Nigeria has significantly reduced as the economy bites harder.
120 business leaders back UK's Labour in election
The UK's Labour party won the backing on Tuesday of 120 business leaders, in a timely boost as it bids to oust the ruling Conservatives in the upcoming general election. Labour leader Keir Starmer and its finance spokesperson Rachel Reeves -- who is set to become finance minister if the party wins power -- have spent years wooing back business figures.
Economy
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