Economy

Spain and Majorca to Experience Desert-Like Climate by 2050, Study Warns
September 18, 2024
Line
1
 Min

Spain and Majorca to Experience Desert-Like Climate by 2050, Study Warns

A new study from researchers at Universitat Politècnica de Catalunya (UPC) reveals that Spain, including the Balearic Islands, is transitioning toward a desert-like climate. By 2050, the country could see a 20% decrease in rainfall, turning its Mediterranean climate into a steppe or desert climate. The findings highlight Spain as a climate change hotspot, with rising temperatures and increasing droughts.

Budapest District Votes to Ban Airbnb-Style Rentals in 2026
September 18, 2024
Line
1
 Min

Budapest District Votes to Ban Airbnb-Style Rentals in 2026

In a landmark decision, the residents of Budapest's Terézváros district have voted to ban short-term rentals, such as those offered on Airbnb. Despite low voter turnout, 54% supported the ban, which will take effect on January 1, 2026. The move follows growing concerns over rising property prices, rents, and overcrowding caused by "over-tourism."

Germany to Welcome 250,000 Kenyan Workers in New Labour Deal
September 18, 2024
Line
1
 Min

Germany to Welcome 250,000 Kenyan Workers in New Labour Deal

Germany has signed a landmark agreement to welcome 250,000 skilled and semi-skilled Kenyan workers to address its labour shortages. The deal aims to provide employment opportunities for Kenyans while easing Germany's workforce gap, particularly in sectors like healthcare and transport.

Germany Pledges €12bn to Boost Start-Ups by 2030
September 17, 2024
Line
2
 Min

Germany Pledges €12bn to Boost Start-Ups by 2030

In an effort to keep Germany competitive on the global stage, the German government and the financial sector have pledged to invest €12 billion in start-ups by 2030. The initiative aims to strengthen the country’s venture capital ecosystem and attract private investors to support young, innovative companies.

Titanic Shipyard to Enter Administration Amid Financial Struggles
September 17, 2024
Line
1
 Min

Titanic Shipyard to Enter Administration Amid Financial Struggles

Harland & Wolff, the iconic shipyard best known for building the Titanic, is set to enter administration for the second time in five years. Facing financial difficulties, the company is winding down non-core operations and exploring new ownership options for its four shipyards. While job losses are expected, the company remains optimistic about the future of its shipbuilding operations under new management.

Türkiye Launches TechVisa Program to Attract Foreign Entrepreneurs
September 16, 2024
Line
1
 Min

Türkiye Launches TechVisa Program to Attract Foreign Entrepreneurs

Türkiye has introduced the TechVisa program, offering simplified work permits and incentives to foreign entrepreneurs and professionals in high-value tech sectors. The initiative, developed by the Industry and Technology Ministry in collaboration with the Labor and Social Security Ministry, aims to boost Türkiye’s tech ecosystem and position the country as a global technology hub.

Greece to Ban New Short-Term Rentals in Athens for at Least a Year
September 16, 2024
Line
1
 Min

Greece to Ban New Short-Term Rentals in Athens for at Least a Year

Greece will implement a one-year ban on new short-term rental licenses in central Athens starting January 1, 2025, due to housing shortages and rising rents fueled by platforms like Airbnb. The government is also raising taxes on short-term lets during peak seasons.

UK to Reinstate 2030 Ban on Petrol and Diesel Cars
September 16, 2024
Line
1
 Min

UK to Reinstate 2030 Ban on Petrol and Diesel Cars

The UK government has confirmed that the sale of some new hybrid cars will be allowed until 2035, despite a planned reinstatement of the 2030 ban on new petrol and diesel-only cars. The final decision on which hybrid models will be permitted is yet to be made, following consultations with automakers and other stakeholders.

Categories

Mergers & Acquisitions
Economy
Companies
Markets
Tech & Space
Energy

Get smarter in just 5 minutes

Your daily 5-minute digest on business and tech news from across the UK & EU delivered straight to your inbox every morning!
Your data is never sold, transferred or used for any purpose other than to deliver our newsletter.
Thank you for subscribing to Dawn Digest!
Something went wrong while subscribing. Please contact us at support@dawndigest.com.

Copyright © 2024 DawnDigest. All Rights Reserved.

Close Icon