The Deeping - Business + Economy

Jan 25, 2023

Britishvolt: more evidence UK is falling far behind in race to capture growing EV market

T. Schneider/Shutterstock David Bailey, University of Birmingham and Phil Tomlinson, University of Bath Britishvolt, the would-be electric vehicle (EV) battery maker that recently went into administration, always faced an uphill struggle. The start-up had no track record developing technology and never confirmed how it would raise the £3.8 billion needed to start mass

Jan 20, 2023

Colorado Seeks Payments for Oil & Gas Cleanup

Process will set financial assurance plan for all producers’ wells. Since October Colorado oil and gas companies have been submitting plans to the state detailing how they intend to pay for plugging and cleaning up oil and gas wells at the end of their productivity. When the process is complete, every operator in

Jan 10, 2023

EU Directive: Minimum wage, social security and paid vacation for platform workers

Despite massive pressure from platform operators, the EU Parliament agrees on a directive for more rights for platform workers. In principle, they will be considered employees—with all employment and social security rights. That means: minimum wage, paid vacation, social security and benefits in case of illness and unemployment. The directive is set to

Jan 2, 2023

Rewarding “Good” Companies—How the Economy for the Common Good Wants to Change the World

The Economy for the Common Good (ECG) is an alternative to the existing economic model of capitalism, including the pursuit of profit and constant growth. The ultimate goal is a good life for all people. The idea: the state supports companies that produce in an environmentally friendly way and pay their employees fairly.

Dec 21, 2022

The Business of Clinical Trials Is Booming. Private Equity Has Taken Notice

Rachana Pradhan December 2, 2022 After finding success investing in the more obviously lucrative corners of American medicine — like surgery centers and dermatology practices — private equity firms have moved aggressively into the industry’s more hidden niches: They are pouring billions into the business of clinical drug trials. To bring a new

Dec 14, 2022

Black Friday: Amazon employees protest for better working conditions

On Black Friday, in over 40 countries, Amazon employees protested to draw attention to the poor working conditions in the distribution centers. With the “Make Amazon Pay” initiative, the workforce is demanding higher wages and better working conditions. Although the company is making record profits, many of its employees can barely live on

Dec 14, 2022

Futuristic fields: Europe’s farm industry on cusp of robot revolution

In the Dutch province of Zeeland, a robot moves swiftly through a field of crops including sunflowers, shallots and onions. The machine weeds autonomously – and tirelessly – day in, day out. “Farmdroid” has made life a lot easier for Mark Buijze, who runs a biological farm with 50 cows and 15 hectares

Nov 24, 2022

Big Tech Layoffs in Europe: A Violation of EU Policy?

Amazon reportedly plans to lay off 10,000 employees, following Twitter and Meta’s lead; the question is: how will big tech conduct mass layoffs across borders? As big tech’s share prices fall and companies scramble to cut costs by slashing head-counts, a dot-com bust 2.0 is gathering speed and the world is along for

Nov 23, 2022

Africa Loses 34% of GDP at 1.5° Warming, ‘Grim’ New Report Concludes

Countries across Africa could lose 14% of their per capita GDP to climate change by 2050 and 34% by 2100, even if average global warming is held to 1.5°C, according to a report released this morning at this year’s UN climate conference, COP 27, in Sharm el-Sheikh, Egypt. On the world’s current emissions

Nov 14, 2022

Amazon continues to destroy new goods and returns

An investigation by Greenpeace, Business Insider and ZDF frontal proves that Amazon continues to throw away and destroy returns and new goods. Secretly recorded images and conversations with employees reveal the ecological madness of a throwaway culture at Amazon. The company does not see itself as responsible, but rather the so-called third-party sellers.

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