Investments of more than half a trillion euros will be needed to modernise Europe's energy grid this decade, if countries are to succeed in ramping up wind and solar power to break free from Russian gas, a draft EU document showed. The European Commission is set to publish next week a plan to "digitalise" Europe's energy system, as well as laying out new emergency measures to tame sky-high gas prices and help cash-strapped energy firms this winter. The draft plan, seen by Reuters, said electricity grid investments of 584 billion euros are needed until 2030, to support the planned rapid uptake of electric vehicles, renewable energy and heat pumps, and shift away from fossil fuels.
The downturn in German business activity deepened in September, a preliminary survey showed on Friday, as higher energy costs hit Europe's largest economy and companies saw a drop in new business. S&P Global's flash composite Purchasing Managers' Index (PMI), which tracks both the manufacturing and services sectors which together account for more than two-thirds of Germany's economy, fell to 45.9 in September from August's final reading of 46.9. "The German economy looks set to contract in the third quarter, and with PMI showing the downturn gathering in September and the survey's forward-looking indicators also deteriorating, the prospects for the fourth quarter are not looking good either," said Phil Smith, economics associate director at S&P Global Market Intelligence.
Rail unions are staging a series of train strikes targeting the Conservative Party Conference in October.
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A UK sovereign wealth fund partly bankrolled by the proceeds of fracking is being considered by ministers as part of plans to invest in businesses and drive economic growth.
Military Land Vehicles Market Size and Trend Analysis including Segments (Infantry Fighting Vehicles, Armored Personnel Carrier, Main Battle Tanks, Armored Multirole Vehicles, Tactical Trucks and Others), Key Programs, Competitive Landscape and Forecast, 2022-2032New York, Sept. 23, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Military Land Vehicles Market Size and Trend Analysis including Segments, Key Programs, Competitive Landscape and Forecast, 2022-2032" -
The party said it would be ‘extremely reckless’ to dismiss the future of renewables.
Major players in the salt mining market include China National Salt Industry Corporation (Cnsic), AkzoNobel N V, Infos, K+S, and Rio Tinto Plc. The global salt mining market is expected to grow from $26.New York, Sept. 23, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Salt Global Market Report 2022" - https://www.reportlinker.com/p06320357/?utm_source=GNW 98 billion in 2021 to $28.36 billion in 2022 at a compound annual growth rate (CAGR) of 5.1%. The salt mining
Key points: Kwasi Kwarteng reveals plan for tax cuts in mini-Budget Mini-Budget 2022 winners and losers All remaining EU laws to be scrapped or replaced by end of next year FTSE 100 slumps 2pc; Pound crashes close to all-time low Ambrose Evans-Pritchard: Overzealous central banks are making another horrible mistake, so batten down the hatches Sign up here for our daily business briefing newsletter
Sterling tumbled against a rallying dollar following the mini-budget on Friday.
Sterling hit its lowest for 37 years on Friday after the Chancellor’s mini-budget.
Major players in the autonomous mining equipment and vehicles market are Caterpillar, Hitachi Ltd. , Komatsu, Sandvik, and Atlas Copco. The global autonomous mining equipment and vehicles market is expected to grow from $2.New York, Sept. 23, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Autonomous Mining Equipment And Vehicles Global Market Report 2022" - https://www.reportlinker.com/p06320349/?utm_source=GNW 6 billion in 2021 to $2.94 billion in 2022 at a compo
Major players in the low power geolocation market are Cisco Systems, Digital Matter, Favendo GmbH, Hoopo, Kerlink S. A. , Nestwave SAS, Semtech Corporation, Sigfox S. A. , STMicroelectronics, Tracktio, Actility S.New York, Sept. 23, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Low Power Geolocation Global Market Report 2022" - https://www.reportlinker.com/p06316981/?utm_source=GNW A., Senet Inc., Carius TECH, Ubiscale SAS, Sagemcom and Zozio.The global low power
Global Reactive & Other Adhesives Market Global Reactive & Other Adhesives Market Dublin, Sept. 23, 2022 (GLOBE NEWSWIRE) -- The "Reactive & Other Adhesives Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering. This report provides strategists, marketers and senior management with the critical information they need to assess the global reactive & other adhesives market as it emerges from the COVID-19 shut down. Reasons to Purchase Gain a truly global perspective
Sell-off as investors take fright at prospect of surge in government borrowing to cover huge tax cuts
Inflation in Poland could rise slightly in September, the country's finance minister said on Saturday, adding that she still believed it would reach a peak this year. Poland is grappling with price growth that has surged to its highest level in a quarter of a century combined with a slowdown some economists say could tip the largest economy in the European Union's eastern wing into recession. "We forecast that in September there could be growth in inflation to around 16.4%," Magdalena Rzeczkowska told private broadcaster RMF FM.
Major players in the perlite mining market include Aegean Perlites SA, Bergama Perlite, Australian Perlite Pty Limited, Carolina Perlite Company, and Supreme Perlite Company. The global perlite mining market is expected to grow from $0.New York, Sept. 23, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Perlite Global Market Report 2022" - https://www.reportlinker.com/p06320371/?utm_source=GNW 37 billion in 2021 to $0.4 billion in 2022 at a compound annual growth ra
during the forecast period. The key drivers for the concentrating solar power market include effective integration of CSP systems with thermal storage systems, and Use of CSP in desalination and enhanced oil recovery processes.New York, Sept. 23, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Concentrating Solar Power Market by Technology, Operation Type, Capacity, End User, Region - Global Forecast to 2027" - https://www.reportlinker.com/p04698520/?utm_source=GNW
Resolution Foundation said 95% of the population will still get poorer as the cost-of-living crisis continues.
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