Good morning, here’s your Monday morning briefing to set you up for the day ahead. Look out for these three things happening around the world today.
Business leaders convene at CEO Council
Business leaders will come together in Washington D.C. over the next two days to discuss global issues impacting the business world, including political change, trade disputes and national security threats, and what can be done to tackle these issues.
The event, hosted by the Wall Street Journal, will feature a host of top-level speakers, including United States National Security Advisor John Bolton, World Trade Organization Director-General Roberto Azevedo and DICK’s Sporting Goods CEO Ed Stack.
The conference will open at 10pm London time this evening with a welcome reception, followed by talks and interviews with US Senate Majority Leader Mitch McConnell, Brazile Associates founder Donna Brazile and Horizon Investments Chief Global strategist Greg Valliere.
COP24 gets underway
The 24th annual Conference of the Parties to the United Nations Framework Convention on Climate Change gets underway today in Katowice, Poland. Here, representatives from each member country will debate climate changes and the measures that need to be taken to halt it.
This year’s host, Poland, will call for continued support of the Paris Agreement, which sets UN members the goal of keeping the global average temperature at no more than 2 degrees Celsius above pre-industrial levels.
Some 379 nations have signed or supported the Paris Agreement. However, President of the United States Donald Trump announced in June that he plans to withdraw the US from agreement in 2020, stating that it disadvantages US industries.
COP24 will take place over the next two weeks, reaching its conclusion on Friday, 14 December.
MPs hear evidence on the future of the high street
Executives from some of the United Kingdom’s biggest retailers, supermarkets and restaurants will give evidence to the Housing, Communities and Local Government committee today on the future of the high street.
Part of an inquiry into the future role of the high street, looking particularly at high streets and town centres in 2030, the committee will hear from witnesses including CEO of Sports Direct Group Mike Ashley, Head of Public Affairs at Marks and Spencer Tony Ginty, Chief Financial Officer at New Look Richard Collyer and CEO of Nando’s Maria Horn.
The inquiry will look into how high street stores are adapting to economic, demographic, social and technological challenges, and whether councils are doing enough to help retailers succeed.
With customers increasingly turning to online shopping, it was recently found that the UK high street averages 14 store closures per day, with almost 2,700 stores having closed in the first half of 2018.