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Environment

Ferrari and Philip Morris to collaborate to cut carbon footprint of Italian plants

MILAN (Reuters) - Luxury sportscar maker Ferrari said on Wednesday it would work with tobacco company Philip Morris International (PMI) to study ways in which they could cut the carbon footprint of

COP28 agreeable to Saudis as it lets nations chart own course – source

By Maha El Dahan DUBAI (Reuters) - The deal struck at the COP28 U.N. climate summit is agreeable because it provides a "menu" for every country to follow its own pathway to the energy transition, a

Reaction to the final COP28 climate deal

DUBAI (Reuters) - The COP28 climate summit adopted a final deal on Wednesday that for the first time calls on nations to transition away from fossil fuels to avert the worst impacts of climate change.

EU welcomes COP 28 climate agreement, von der Leyen says

BRUSSELS (Reuters) - The agreement reached on the COP 28 climate summit could speed up the transition to a cleaner and healthier economy and keep the world on track to meet the climate goals of the

COP28 president hails climate deal as ‘historic’

DUBAI (Reuters) - COP28 President Sultan al-Jaber hailed a climate deal approved by almost 200 countries on Wednesday as an "historic package" of measures which offered a "robust plan" to keep the

COP28’s final hours of climate negotiations

DUBAI (Reuters) - The COP28 climate summit went into overtime Wednesday morning, with negotiators trying to reach a deal for this year's U.N. meeting. Reuters reporters were on the ground delivering

Japan’s JERA to study ammonia supply to ships with NYK and Resonac

SINGAPORE (Reuters) - Japan's top power generator JERA said on Wednesday it would conduct a joint study with shipping major NYK Line and chemical company Resonac to supply ammonia to ships, as it

COP28 summit approves deal on transition away from fossil fuels

DUBAI (Reuters) - The COP28 climate summit on Wednesday approved a deal that would, for the first time, push nations to transition away from fossil fuels to avert the worst effects of climate change.

China climate envoy says some issues still remain with COP28 deal

DUBAI (Reuters) - Chinese climate envoy Liu Zhenmin on Wednesday said some issues still remained with the proposed COP28 climate deal. "This is not perfect. Some issues still remain," Liu told Reuters

Second cold wave encases China’s Beijing in snow, ice

By Ryan Woo and Liz Lee BEIJING (Reuters) -Snow, blizzards and plunging temperatures swept northern China in what could be one of its most severe cold snaps in December, spurring authorities in 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.