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The long-run effects of climate change on the corporate sector

The question of whether firms are able to adapt to a changing climate is central to understanding the long-run economic effects of climate change. This column presents evidence from Italy showing that high temperatures affect firm demography by reducing the entry of newborn firms in the market and increasing business closures, while relocation to colder areas plays a minor role. Balance sheet data reveal a dichotomy between large firms, which successfully adapt improving their profitability, and smaller ones for which negative temperature spillovers become entrenched. ....

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Jean Todt won't 'close the door' on return to Ferrari F1 team in a consultancy role

Jean Todt is being careful not to “inflate” rumours of a return to Ferrari – but is not ruling out the prospect. ....

Mattia Binotto , Jean Todt , United Nations , Paris December ,

Tributes paid as FIA tenure of Jean Todt comes to an end

Senior figures from the world of motorsport have paid tribute to Jean Todt, who has now left his role as FIA president after 12 years. ....

Stefano Domenicali , Max Verstappen , Mohammed Ben Sulayem , Nicolas Todt , Jean Todt , Richard Mille , Endurance Commission , World Motor Sport Council , Abu Dhabi Grand , Paris December ,

Using Satellites for Risk Prevention Is Focus at World Satellite Business Week in Paris

Press release content from PR Newswire. The AP news staff was not involved in its creation. ....

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