Global Coal Consumption Forecast: Peak in 2025, Decline After 2030

Global coal use to slightly surpass 2025 record due to US policies, then decline by 2030 with alternative energy growth.

Global coal consumption is expected to slightly surpass its 2025 record high due to political measures taken by the US administration. However, it is projected to start declining by 2030, thanks to the growing use of other sources for electricity generation, according to the International Energy Agency.

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2026-01-27T19:17:53+00:00

Pinterest to Lay Off 15% of Staff and Reduce Office Space as Part of Restructuring

Pinterest announced plans to lay off 15% of its staff and reduce office space by the end of the third quarter, reallocating resources toward artificial intelligence. The company expects restructuring costs of $35-45 million.

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2026-01-27T19:17:23+00:00

UPS Announces Major Job Cuts

The largest US logistics company, United Parcel Service (UPS), announced plans to lay off an additional 30,000 employees this year. This decision is part of a strategy to optimize costs and improve operational efficiency.

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2026-01-27T16:46:48+00:00

Airlines to Save Fuel from Weight-Loss Drugs

A new analysis by Jefferies shows that increased use of weight-loss drugs could lead to significant fuel savings for airlines through reduced passenger weight, potentially boosting profits.

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2026-01-27T16:30:28+00:00

Euro Reaches 2021 High Against Dollar

The euro strengthened to 1.18 against the dollar amid weak U.S. economic data and expectations of lower interest rates from the Federal Reserve. This rise is the highest since 2021.