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Environment

ING to ditch upstream oil and gas by 2040, triple renewables – CEO

By Simon Jessop LONDON (Reuters) - Dutch lender ING will stop financing oil and gas exploration and production by 2040 and triple new lending to renewable energy over the next two years as part of an

US EPA sends Midwest ethanol expansion request to White House

By Stephanie Kelly NEW YORK (Reuters) - The U.S. Environmental Protection Agency has asked the White House to approve a rule that would allow expanded sales of higher-ethanol gasoline to be sold in

COP29 climate summit host Azerbaijan touts country’s gas potential

By Gloria Dickie LONDON (Reuters) - After winning a fraught bid to host next year's United Nations climate talks in Baku, a senior Azerbaijani official promoted the country's gas reserves in aiding

KLM defends advertisements in Dutch court, denies ‘greenwashing’

By Toby Sterling and Joanna Plucinska AMSTERDAM (Reuters) -KLM defended itself against "greenwashing" allegations in court on Tuesday, asking judges to rule against an environmental group that has

Coffee firms turning away from Africa as EU deforestation law looms

By Maytaal Angel and Dewi Kurniawati LONDON/JAKARTA (Reuters) - Importers of coffee to the European Union are starting to scale back purchases from small farmers in Africa and beyond as they prepare

Magnitude-6.2 earthquake kills 118 in China’s Gansu, Qinghai

By Liz Lee, Qiaoyi Li and Ryan Woo BEIJING (Reuters) -A magnitude-6.2 earthquake jolted a remote and mountainous region on the northern edge of the Qinghai-Tibetan plateau just before midnight on

KLM in Dutch court to answer ‘greenwashing’ allegation

AMSTERDAM (Reuters) - Dutch airline KLM is set to face off with environmentalists in an Amsterdam court on Tuesday over whether its advertisements misled customers in an alleged case of "greenwashing"

Iceland volcano erupts near town after weeks of quake activity

By Terje Solsvik OSLO (Reuters) -A volcano erupted late on Monday in southwest Iceland, spewing lava and smoke across a wide area after weeks of intense earthquake activity, the country's

Factbox-Greenwashing cases against airlines in Europe, US

By Joanna Plucinska, Toby Sterling and Rajesh Kumar Singh LONDON (Reuters) - Airlines around the world are facing scrutiny from advertising and consumer agencies, regulators, and courts over allegedly

Death toll rises to 86 after earthquake in China’s Qinghai – Xinhua

(Reuters) - Eighty-six people have died and 96 people were injured after an earthquake hit the Gansu-Qinghai border region in China on Tuesday, according to a report by state news agency Xinhua. The

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.