Business News

Clean fuel targets in the energy market are the new normal for moving towards green energy transformation. The energy market is adopting different methodologies to solve the environmental problems. In order to limit carbon emissions in the environment is one of the main goals of the clean energy transition in 2024. Therefore, European airlines charged extra to compensate for clean fuel costs in 2024.

Deutsche Lufthansa AG is Europe's biggest airline group. Lufthansa announced introducing an extra charge to passengers per flight journey in 2024. The…

Climate change is the phase to work on for the entire economy. The business world follows the same examples and considers climate change an important factor of discussion in 2024. In order to combat climatic changes due to the overuse of fossil fuels, the different sectors of the economy must take necessary steps. Therefore, necessary steps are taken strategically against the climate change crisis in the business world. The business world is approaching the steps needed to incorporate changes in the market for clean energy in 2024.

Earlier, the…

Globally, the economies are facing different scenarios in 2024. This is due to the changing dynamics of various sectors in the market. Along with that, the oil and gas industry's price fluctuations can be one of the reasons. A good economy demands the nation's balance of goods and services prices. A recent survey from the International Institute For Management Development (IMD) published 2024 the competitiveness ranking of countries globally. However, unexpected results are present in the reports of IMD 2024. Significant economies like the United States…

Transition metals like copper and nickel are important in the industrial sector. Both of these metals contribute an excellent part in the energy market. Copper and nickel have important roles in the electrification process. Hence, it helps electric vehicle production and indirectly contributes to clean energy transition. The surveys in 2024 show lower demand for copper and nickel in the market. Hence, many industrial factors cause the market's copper and nickel demand to slow down.

Copper and nickel are used extensively in the technological field. These…

Globally, the nations are facing downward momentum in their economic activities. The financial condition of advanced economies is declining rapidly in 2024. Surveys suggest that advanced economies are facing economic challenges due to various transformations. Hence, the countries are facing an increase in debts that affects their financial conditions.

According to surveys, developed economies fall prey to increasing debt rates and declining gross domestic product or GDP growth. It is said that oil consumption and GDP growth are interdependent. Experts…

The growing clean energy transition process is forcing companies to make significant decisions regarding the storage of clean energy. Germany's energy market surges in power with necessary steps towards uplifting clean energy. The increasing production of clean energy emphasizes storage systems. Germany will expand its large-scale energy storage system in 2024. Therefore, well-known German companies like The Mobility House and Green Energy Storage Initiative (GESI) collabs in 2024. This joint venture aims to start an initiative for building large-scale…

The global economy faces new challenges in 2024 that economically represent both positive and negative aspects. According to survey data, the global economy will stabilize for the first time in three years. The world economy will experience economic stability after a long period in 2024.

Based on the surveys, global economic growth is expected to reach a 2.6 percent increase in 2024. Researchers believe economic growth will increase by 2.7 percent in 2025-2026. The rise in the stability percentage of the economic ground seems like a regulating factor…