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Environment

Heavy rains tarnish San Diego’s reputation for ideal weather

By Rich McKay and Julia Harte (Reuters) - San Diego, renowned for its mild, sunny weather, was mopping up on Tuesday after the heaviest rainfall ever recorded in the city in the month of January, a

EU fossil fuel use for energy to drop 80% under 2040 climate goal -document

By Kate Abnett BRUSSELS (Reuters) - The European Union's use of fossil fuels for energy would drop 80% by 2040, compared with 1990 levels, if the bloc moves ahead with a target to cut net greenhouse

Startup AiDash raises $50 million for tech using AI, satellites to spot wildfire risk

By Peter Henderson (Reuters) - A California startup using artificial intelligence (AI) and satellites to spot fire and weather risks on power lines, AiDash, reported on Tuesday it had raised $50

Most euro zone banks face risk from climate complacency, ECB finds

FRANKFURT (Reuters) - Most big banks in Europe are failing to adjust their business to the looming decarbonisation of the bloc's economy and thus face increased financial, reputational and legal risk,

Powerful 7.1 earthquake strikes Kyrgyzstan-Xinjiang border, several injuries reported

BEIJING (Reuters) -A magnitude 7.1 earthquake struck the Kyrgyzstan-Xinjiang border region on Tuesday with reports of several injuries and collapsed houses, Chinese state media reported. The quake

Mexico’s Benito the giraffe begins 50-hour journey to new safari home

By Jose Luis Gonzalez CIUDAD JUAREZ, Mexico (Reuters) - Benito the giraffe, whose lonely life at a park on Mexico's arid northern border inspired a campaign to relocate him, was en route on Monday to

Surfing-Surfers take on giant waves in Nazare as extreme weather hits Europe

NAZARE, Portugal (Reuters) - Brazilian surfer Lucas Chianca won the 2023 Nazare Big Wave Challenge on Monday as 35-foot-plus waves hit the Portuguese coast with extreme weather wreaking havoc around

Earthquake of magnitude 7.01 strikes Kyrgyzstan-Xinjiang border region -GFZ

(Reuters) -A magnitude 7.01 earthquake struck the Kyrgyzstan-Xinjiang border region on Tuesday, the German Research Centre for Geosciences (GFZ)said. The quake was at a depth of 10 km (6.21 miles),

As deep freeze grips the South, North Carolina gators chill out

By Rich McKay and Julia Harte (Reuters) - The deep freeze that gripped the U.S. South this weekend forced a band of alligators at a North Carolina wildlife park out of their comfort zone, trapping

Climate tech venture firm ArcTern raises $335 million for third fund

By Peter Henderson and Simon Jessop (Reuters) -Toronto-based ArcTern Ventures said on Monday it has raised $335 million from TD Bank and other institutions for a climate technology fund aiming to back

On Camera

Hormuz crisis won’t replace the dollar with yuan. De-dollarisation is a myth

Recent data does not support any dramatic shift away from the dollar. As per IMF, the share of international transactions conducted in dollars has declined from 56.90% to 56.77%.

Haryana’s new industrial policy in the works, but industry says old problems remain unsolved

Increase in employment subsidy, Rs 500 crore for estate revamp, new townships in pipeline—but land cost, power breakdowns and inspector raj top among key worries for industry leaders.

Military pushes for private participation in space, more Indian satellites. ‘Can’t rely on single entity’ 

CDS Anil Chauhan says future space capability will not be built by government agencies alone. ‘It will be co-developed with industry, start-ups, and technology innovators’.

Trump, Netanyahu’s Iran gamble: The regime change rebound

American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.