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The Greek island of Tilos has abolished its landfill and achieved a recycling and composting rate of almost 90 percent. This surpasses the Greek and EU average, making Tilos the first island with Zero Waste Cities certification.
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Global food prices rose 1.9 percent in August compared to July, reaching their highest point since late 2022. Extreme weather and military conflicts are causing supply shortages. The FAO lowered its global grain production forecast by two percent.
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US Trade Representative Jamieson Greer criticizes the UK's continued adherence to EU rules, hindering a trade deal with the US. Prime Minister Andy Burnham seeks closer EU cooperation, as the British public lacks a clear vision for the future.
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NASA's New Horizons probe risks the shutdown of two instruments due to $4 million in promised funding not being paid. These funds are designated for data analysis by employees.
Companies & MarketsTrade & ConsumptionIT & Internet
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Netflix is discontinuing its ad-free Basic subscription for existing customers. Those wishing to continue watching without ads must switch to the Standard plan, resulting in a 60 percent price increase. An ad-supported subscription is also available as an alternative.
Companies & MarketsTrade & ConsumptionIndustry & Production
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In the first half of the year, Germany saw 33 large insolvencies with annual revenues exceeding 50 million euros, a ten percent increase compared to the previous year. The automotive industry was the most affected.
Companies & MarketsTrade & ConsumptionIT & Internet
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Xiaomi plans to sell its electric cars in Germany starting in 2027. The company has signed letters of intent with eight German car dealership groups to establish a sales and service network.
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AI-generated
New EU packaging rules threaten the existence of pizzerias and zero-waste stores with strict material and recycling quotas. This is causing discontent among customers and operators who fear negative environmental and economic impacts.
Companies & MarketsTrade & ConsumptionIT & Internet
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AI-generated
Untapped raw material values exceeding 65 billion euros are present in Europe's electronic waste. A study calls for new product design based on circular economy principles to reduce geopolitical dependencies and lower material demand.
Companies & MarketsTrade & ConsumptionIT & Internet
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AI-generated
The IFA tech trade fair in Berlin features 928 companies from China, the largest exhibitor contingent. Chinese firms are increasingly showcasing connected product ecosystems, driven by state support and declining domestic market demand.
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