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#oil

Hungary's Prime Minister Viktor Orban on Tuesday said his country had averted "the most hair-raising idea" of a full oil embargo on Russia. Photo: Emmanuel Dunand / AFP
Hungary's Prime Minister Viktor Orban on... […]

Hungary celebrates EU Russia oil ban ‘victory’ — for now

Nationalist Prime Minister Viktor Orban has hailed Hungary's exemption from an EU Russian oil ban, but analysts warn he has only won more time and will need to adjust to the new reality
The International Energy Agency (IEA) says that industry accounts for almost 40 percent of the world's energy consumption and still overwhelming uses fossil fuels. Photo: Olivier Morin / AFP
The International Energy Agency (IEA) sa... […]

‘Greenwashing’ or genuine?: Behind big businesses’ climate promises

Are big companies making genuine attempts to fight global warming or simply "greenwashing" their brands to try to divert criticism? With COP26 underway analyses show much more can be done
Employee Andrea Kuenle-Bartsch decorates a mannequin with a face mask in a fashion store in Ludwigsburg, southern Germany, on April 20, 2020, amid the novel coronavirus COVID-19 pandemic. - Parts of Europe hit hard by the deadly coronavirus pandemic took tentative steps towards resuming normal lives on Monday, April 20, 2020, with Germany allowing some shops to reopen. (Photo by THOMAS KIENZLE / AFP)
Employee Andrea Kuenle-Bartsch decorates... […]

Multinationals in the time of virus: who wins, who loses?

The coronavirus pandemic, set to provoke a severe global recession this year, is hitting multinational companies disproportionately. But what sectors might succeed during the pandemic?