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Green tech boom looms but poor nations risk being eclipsed: UN
Green tech boom looms but poor nations risk being eclipsed: UN
Business and Economy
by  AFP

The green technology industry could be worth several trillion dollars by 2030 but developing countries will miss out on the boom unless they jump in now, the UN said Thursday. UNCTAD estimated that 17 key frontier technologies, which are at the leading edge of green innovation, could create a market worth more than $9.5 trillion by 2030 -- up from $1.5 trillion in 2020.

Credit Suisse bounces back but investors still cautious
Credit Suisse bounces back but investors still cautious
Business and Economy
by  AFP

Credit Suisse rallied on the stock market Thursday after grabbing a $54 billion central bank lifeline in a bid to restore investor confidence but analysts remain wary about the major lender's future. Hours before the stock exchange reopened, Credit Suisse announced Thursday that it would borrow 50 billion francs from the SNB to reinforce the group.

Deliveroo reduces losses on cost-cutting
Deliveroo reduces losses on cost-cutting
Business and Economy
by  AFP

Deliveroo reduced net losses last year on cost-cutting, while revenues rallied on higher pricing in the face of soaring global inflation, the international food delivery app said Thursday. Deliveroo last month cut about 350 jobs, or nearly one tenth of its non-rider workforce.