US to launch carbon offset guidelines to boost integrity
By Valerie Volcovici WASHINGTON (Reuters) – The United States will unveil in the coming days guidelines for the use of carbon offsets inside and outside … Read more
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Chile’s economic activity index up 0.3% in October, offset by mining decline
(Reuters) – Chile’s IMACEC economic activity index rose 0.3% in October from the previous year, the central bank said on Friday, slightly below forecasts. Economists … Read more
Murphy Mulling New Tax Strategy to Offset Gas Taxes Lost to EV Mandate
TRENTON, NJ – New Jersey Governor Phil Murphy and his administration have announced they are looking into new ways to tax residents in the future … Read more
Analysis-Chinese investors rush to offshore funds to offset domestic risks
By Summer Zhen and Samuel Shen HONG KONG/SHANGHAI (Reuters) -Disillusioned with a weak stock market at home, geopolitical risks and a falling currency, Chinese investors … Read more
Analysis-Tesla taps Biden tax credits to offset EV price cuts
By Hyunjoo Jin SEOUL (Reuters) – Tesla CEO Elon Musk is ready to cut electric car prices again to drive sales if the economy swoons, … Read more
Global initiative launched to rate corporate carbon offset claims
By Susanna Twidale LONDON (Reuters) – A standard to assess companies’ claims about progress towards internal climate targets and their use of carbon offset credits … Read more
Oil falls more than 1% as growth fears offset China demand hopes
By Stephanie Kelly NEW YORK (Reuters) -Brent crude oil slipped more than 1% in a volatile session on Tuesday as persistent concerns about global economic … Read more
Strong sugar prices help Tereos offset high production costs
PARIS (Reuters) -French sugar group Tereos reported strong first-half results on Tuesday, including a net profit and a sharp rise in earnings, as high sugar … Read more
Mapfre offers one-time 400-euro bonus to employees to offset inflation
MADRID (Reuters) – Spanish insurer Mapfre will pay a one-time 400 euro ($417.32) bonus at Christmas to its approximately 10,000 employees in Spain to help … Read more
MercadoLibre says it is managing to offset costs through pricing
By Aluisio Alves (Reuters) – MercadoLibre Inc said it was so far managing to recoup higher costs by boosting its prices as the South American … Read more
Spain’s jobs market improves as reforms help offset strike, inflation
By Belén Carreño (Reuters) – Spain’s labour market withstood soaring inflation and a crippling truckers’ strike in March to see a drop in unemployment, data … Read more
Factbox – Airline hedging and surcharges offset some oil price pain
– The price of oil this week surged to its highest point since 2008 after Russia’s invasion of Ukraine, adding to airline costs at a … Read more
Give us your clothes: Toms River launches used clothing recycling program to offset rising taxes
TOMS RIVER, NJ – Toms River Township has a new revenue stream to offset rising taxes in the community. After senior citizens in Holiday City … Read more
Private equity-backed carbon offset vendors Bluesource, Element to merge
By David French and Timothy Gardner – Bluesource and Element Markets, two private equity-backed providers of products and services such as carbon credits to companies … Read more
Linde sees double-digit 2022 earnings growth, pricing to offset energy price inflation
By Bartosz Dabrowski -Linde, the world’s largest industrial gas company, is targeting 10%-13% growth in adjusted earnings per share (EPS) in 2022, after reporting better-than-expected … Read more
Analysts eye UPS automation efforts to offset increased wage costs
By Arriana McLymore NEW YORK, NY – Higher labor costs during the pandemic-plagued holiday season may erode the profits of United Parcel Service, the world’s … Read more