Business
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Germany and France will stop chick culling
The two largest egg producers of the European Union will forbid chick culling in 2022 and become the first countries in the world to do so.
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In Czechia, Supreme Court Rules for Online Retailers While Shops are Closed
In Czech Republic, the delivery of goods bought from online stores was banned when traditional shops had to remain closed during public holidays. But the Supreme Court ruled in favour of a major online retailer.
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Large Banks Can Resume with Dividends
The large US and UK banks can resume distributing dividends. The European Central Bank will remove restrictions in September 2021.
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Lufthansa Adopts Gender-Neutral Greetings
Lufthansa group will remove "Ladies and Gentlemen" from their welcome speech to passengers. The airline industry is moving forward with more gender-neutral and inclusive communications.
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Uruguay Will Negotiate Without Mercosur
Uruguay decides to take its distance with Mercosur by negotiating directly with third countries, escalating the disagreement with Argentina over the strategy of common external tariffs.
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International Tourism is Back to The ’80s
The coronavirus pandemic could cause a loss of $4 trillion to the global GDP because of struggles in international tourism. It's equivalent to a year of Germany's GDP. Losses in 2020 were steeper than forecasted. 100 million jobs are directly at stake. Developing countries suffer the most.
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Nigeria Says Its Gas Reserve Doubled by Accident
Nigeria was looking for oil but found gas and, if confirmed, could double its reserve. A potential fortunate discovery as the country looks to diversify its energy export.
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Hong Kong Police Raids Newspaper Office, Copies Increase Sixfold
The Hong Kong Police arrested five executives from the publication Apple Daily for a potential violation of the controversial national security law. The next day, the newspaper printed 500,000 copies, more than the usual 80,000 copies.
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Would Twitter Be Accountable For Its Content In India?
The new IT law in India could bring Twitter and other social media in court for their responsibility about the content published on their platforms.
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Moroccan King Instructed Affordable Tickets, Airline Complied
The Moroccan King asked the transportation industry to allow affordable tickets for Moroccans living abroad willing to come back in the country this summer.
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Nigeria blocked Twitter over political resentment
Nigeria has been blocking Twitter for a week. Yet, Twitter had just opened offices to reach the West African market. The decision comes after months of political resentment against the platform.
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Italy accuses Booking.com of tax evasion
According to the Italian authorities, the online booking platform didn’t pay 153 million euros of valued-added tax between 2013 and 2019.
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Record-high unemployment rate in South Africa
South Africa never recorded an unemployment rate that high. It lost 1.4 million jobs in a year, comparatively more than the United States. Discouraged work-seekers increased by 7.3% in a year.
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Portuguese airline adds staff representative to the Board
TAP Airlines will have a staff representative elected in the board of directors. It comes as a surprise but may give ideas to other companies in turmoil.
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Argentina halts beef export for 30 days, farmers stop commerce
Argentina decided to stop the export of beef in order to halt the price increase in the country. As a reaction, the farm industry organizations will completely stop the commercialization of beef for 9 days.
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Morocco evaluates the business opportunity of exporting cannabis
The business of cannabis for medical, cosmetic or industrial use could be more profitable than illegal production for farmers. The first market for export would be Europe.
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South Africa bans captive lion hunting but lets wild lions be killed
Captive lion hunting was banned for economic reasons as it will help reposition South Africa's image for tourism. Wild lion hunting is still allowed.
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Ethiopia soon decides on telecom liberalization winners
Ethiopia is one the last business opportunities for telecom operators to conquer a new market. But it isn't as attractive as expected.
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Twitter expands in Africa
Twitter announced expanding its presence in Africa by opening its headquarters in Ghana.
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What Netflix’s carbon neutrality goal doesn’t say
Netflix plans to be carbon neutral but it removes a key factor into consideration: its users.
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Will Irish pubs become the next start-up incubators?
WIth the increase of remote work, Ireland will experiment the pubs as working hubs in order to develop rural areas
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Norway invests in Ghana’s digital future. Why?
Norway decided to help 14,000 Ghanaians to acquire job-ready digital skills in the next 3 years. The investment is a small but telling example of the close business relation between Norway and Ghana since 2007.
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Danone: a visionary C.E.O. defeated by financial realism
The board of directors of Danone decided that Emmanuel Faber would step down as chairman and C.E.O. with immediate effect.
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Google advertisers will pay an extra fee for ads in France And Spain
Google told advertisers they would pay a fee on ads served in France or Spain. The move is in reaction of regulations taxing the revenue of big tech companies.
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A pandemic side effect: Car makers are last in line in the microchip shortage
The pandemic increased demand in micro chips. This shortage has also an impact on cars makers
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