Business

From ‘Animal Crossing’ to Netflix: Unilever and P&G search for young consumers

Unilever Plc (ULVR.L) and Procter & Gamble (PG.N), the world’s top two advertisers, are seeking out younger audiences by reallocating some 2021 spending away from traditional TV and into video games, streaming services and media programs operated by retailers like Walmart (WMT.N) and Tesco (TSCO.L). As they continue to look at their digital ad budgets […]

Business

IMF urged to create new trust to bolster work on climate resilience

The International Monetary Fund (IMF) should create a new instrument that lets richer countries channel their newly created IMF reserves to help a broader set of countries tackle the COVID-19 pandemic and climate change, a new task force said Monday. IMF officials have sought for months to rally support for a new Resilience and Sustainability […]

Business

With help from Tesla, nearly 80% of Norway’s new car sales are electric

Demand for Tesla Inc’s (TSLA.O) mid-sized models helped push up electric car sales in Norway to nearly 80% of total car sales last month, data showed on Friday. The country has been a global leader in switching to electric vehicles and seeks to become the first to end the sale of petrol and diesel engines […]

Business

The night before: 5 ways to navigate the pending holiday gift crunch

If your kids have their hearts set on a particular toy this holiday season, a word of warning: It might not be easy as wandering into a store and plucking it off a shelf. Instead, you could find yourself smack in the middle of supply chain hell. In many ways, 2021 is a perfect logistical […]

Business

Lufthansa adds four new Airbus A350s to its fleet

Lufthansa (LHAG.DE) said on Sunday it has agreed to lease four new Airbus A350-900 long-haul passenger jets, taking on newer planes left without homes as airlines restructure their balance sheets amid the coronavirus crisis. Airplanes are currently available at low lease rates as carriers review their portfolios, industry sources say. Chief Executive Carsten Spohr announced […]

Business

U.S. aerospace firms commit to net zero emissions by 2050

U.S. aerospace manufacturers are poised to strengthen a climate target by pledging to reach net-zero emissions by 2050, echoing a commitment to be discussed by global airlines on Monday. The U.S. Aerospace Industries Association will commit on Monday to work with airlines and governments to achieve the target, joining a growing aviation industry consensus that […]

Business

Qantas launches contest to replace small jets

Qantas Airways (QAN.AX) is in talks with several planemakers over plans to renew its main narrowbody and regional airliner fleets and is expected to formalise the negotiations with a tender announcement within days, industry sources said. The Australian carrier is studying the Airbus (AIR.PA) A220 and Brazilian Embraer’s (EMBR3.SA) E2 to replace a regional fleet […]