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Inger Andersen - 1 ” Andersen - 1 “ - 1 unrefrigerated - 1 Richard Baker - 1
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Search resuls for: "Richard Baker"


5 mentions found


☆ The world wastes more than 1 billion meals every day as hundreds of millions go hungry, UN report finds
  + stars: | 2024-03-27 | by ( Christian Edwards | ) edition.cnn.com   time to read: +3 min
CNN —More than 1 billion meals are wasted across the world each day while nearly 800 million people go hungry, a new United Nations report has found. This is on top of the 13% of the world’s food lost as it makes its journey from farm to fork. The vast majority of food waste goes to landfill, generating methane as it breaks down. The report also said food waste is not just a “rich world” phenomenon. The amount of food wasted in high- and middle-income countries differed by just 7 kilograms (15 pounds) per person each year.
Persons: Inger Andersen, ” Andersen, “, unrefrigerated, Richard Baker Organizations: CNN, United Nations, UN, Programme Locations: London
☆ Brits warned they are not saving enough for retirement and face a 'risky' future
  + stars: | 2023-04-24 | by ( Hannah Ward-Glenton | ) www.cnbc.com   time to read: +4 min
Richard Baker / Contributor / Getty ImagesLONDON — Workers in the U.K face a "risky" future when it comes to their pensions, according to a report released by think tank the Institute for Fiscal Studies. Almost 90% of Brits aren't putting an appropriate amount of money into their pension pots — generally considered to be around 15% of earnings, according to the IFS report. Including self-employed savers within that framework would also boost their pension pots and reduce their dependence on the state pension later in life, Savova added. Most people in the U.K. are automatically entitled to a state pension, which is currently £203.85 ($253) per week. "Increasing the State Pension Age will only escalate pensioner poverty which falls disproportionately on those who have lower incomes and retire early due to ill-health," Peaple told CNBC via email.
☆ Recession worries used to be bad for bank stocks. Not anymore
  + stars: | 2023-03-08 | by ( Anna Cooban | ) edition.cnn.com   time to read: +6 min
London CNN —Investors are bucking tradition this year by piling into big bank stocks just as major economies are expected to either slow down or fall into recession. Fed Chair Jerome Powell said Tuesday that interest rates would rise more than people anticipated. European bank stocks have risen particularly sharply in the past six months. “As those worries have unwound, European banks have done particularly well.”No ‘hidden skeletons’But European economies are still fragile. When economic activity slows down, bank stocks are typically among those hit hardest.
☆ ‘There is a slowdown happening’ – Wells Fargo, BofA CEOs point to cooling consumer amid Fed hikes
  + stars: | 2022-12-07 | by ( Hugh Son | ) www.cnbc.com   time to read: +2 min
After two years of pandemic-fueled, double-digit growth in Bank of America card volume, "the rate of growth is slowing," CEO Brian Moynihan said Tuesday at a financial conference. It was a similar story at rival Wells Fargo , according to CEO Charlie Scharf, who cited shrinking growth in credit-card spending and roughly flat debit card transaction volumes. Fortified by pandemic stimulus checks, wage gains and low unemployment, American consumers have supported the economy, but that appears to be changing. "There is a slowdown happening, there's no question about it," Scharf said. Bank of America's Moynihan said he expects three quarters of negative growth next year followed by a slight uptick in the fourth quarter.
☆ U.S. shoppers alone in boosting Black Friday spend as cost-of-living crisis hits Europe
  + stars: | 2022-11-25 | by ( Karen Gilchrist | ) www.cnbc.com   time to read: +4 min
Many shoppers say they plan to spend less this Black Friday as the cost-of-living crisis bites. Shoppers in Europe plan to spend almost one-fifth less during this year's annual discount period as inflationary pressures weigh on consumer sentiment, according to research from Boston Consulting Group this month. That could see retailers extend their discounts across the month, increasing buying opportunities for consumers who have the money to spend. Indeed, shopping scams rose by 34% following last year's Black Friday and Cyber Monday weekend, according to Barclays research. Davis urged consumers to be extra vigilant when shopping online and avoid making rushed or panicked decisions out of "fear of missing out."
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