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Russian President Vladimir Putin and Hungarian Prime Minister Viktor Orban during their joint press conference at the Kremlin on July 5, 2024.Contributor | Getty Images News | Getty ImagesRussia’s allies in Eastern Europe say Brussels plans to end all Russian gas and energy imports in the coming years are tantamount to “economic suicide” and a threat to the region’s energy security and economy.The European Commission announced plans on Tuesday to phase out Russian gas, nuclear energy and liquefied natural gas (LNG) imports by the end of 2027, saying the move “paves the way to ensure the EU’s full energy independence from…
Reports come after US president teased the announcement of agreement with an unnamed country.United States President Donald Trump is set to announce a trade deal with the United Kingdom on Thursday, US media have reported, in what would be the first such agreement since he rolled out his sweeping tariffs. The reports come after Trump on Wednesday teased the announcement of a deal with an unnamed country on social media. “Big News Conference tomorrow morning at 10:00 A.M., The Oval Office, concerning a MAJOR TRADE DEAL WITH REPRESENTATIVES OF A BIG, AND HIGHLY RESPECTED, COUNTRY,” Trump said in a post…
Scorpions are “taking over” Brazilian cities, researchers have warned in a paper that said rapid urbanisation and climate breakdown were driving an increase in the number of people being stung.More than 1.1m stings were reported between 2014 and 2023, according to data from the Brazilian notifiable diseases information system. There was a 155% increase in reports of stings from 2014 to 2023, according to research published in the journal Frontiers in Public Health.The rise in cases has been driven by rapid, unplanned urbanisation – such as favelas – characterised by high-density housing and poor waste disposal, according to the research.…
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MUMBAI: Japan’s Mitsui O.S.K. Lines, Ltd (MOL), the world’s second largest ship owner by fleet size, has added a Very Large Gas Carrier (VLGC) to the fleet run by its Indian unit, reinforcing a rising trend among foreign fleet owners to register some of their ships in the world’s fastest growing major economy.The 2010-built liquefied petroleum gas tanker named ‘Green Sachi’ and earlier flagged in Liberia was converted to the Indian flag recently and inducted into the fleet of MOL (India) Pvt Ltd, the ship owner said.MOL (India) runs 11 Indian flagged gas, product and crude tankers, making it the…
The project launching for the recycled paper industry is being described as a model for the circular economy, enabling scalable clean energy adoption across the wastewater industry.New Delhi: A new partnership between NetXeroC Pvt Ltd and Ivys Adsorption Inc. aims to change the way India thinks about wastewater – not as industrial waste, but as a high-value energy resource.In a bold first, the companies are deploying advanced biogas upgrading technology to convert wastewater into pipeline-grade biofuel. The project launching for the recycled paper industry is being described as a model for the circular economy, enabling scalable clean energy adoption across…
Pictured: Chevron’s Tengiz oil field development in Kazakhstan. Image courtesy of Chevron. (Bloomberg) – Kazakhstan is considering its options for complying with the country’s OPEC+ obligations to cut production, after Saudi Arabia doubled down on its efforts to bring quota-cheats in line over the weekend. “Kazakhstan always was and is committed to OPEC+ agreement,” the Astana-based ministry said on Tuesday in emailed reply to questions. Central Asia’s largest oil producer “is considering all possible options for meeting its commitments.” See also: OPEC+ oil production surges as Kazakhstan ignores, exceeds quota Oil has declined and banks including Goldman Sachs Group Inc…
Ever since ChatGPT burst onto the scene in 2022, investors have wondered about the implications for Google. Mainly: What happens to the company if lots of people start using AI engines to answer questions instead of Google’s dominant search engine?Now it looks like that might actually be happening.Eddy Cue, an Apple executive, said searches on Apple’s Safari browser shrank for the first time ever in April — a change he chalked up to people using AI instead. Cue made that disclosure on Wednesday while testifying in the federal antitrust suit against Google’s parent company, Alphabet, because Apple receives more than $20…
Vcg | Visual China Group | Getty ImagesDavid Bailey, CEO of media group BTC Inc., and a key crypto advisor to President Donald Trump, has raised $300 million to launch a publicly traded bitcoin investment company, CNBC has confirmed.The deal, which has been in the works since January, consists of $200 million in equity funding and $100 million in convertible debt, according to a person familiar with the matter who asked not to be named because the fundraise hasn’t been announced. The Information was first to cover the story.Bailey’s company is named Nakamoto, a tribute to the pseudonymous bitcoin creator…
Dan Reed, the chief operating officer of Meta’s Reality Labs division, is stepping down after nearly 11 years at the company.Reed’s departure marks another leadership change at a time when the division faces mounting internal and external pressure.Reed announced his exit Wednesday in a LinkedIn post, reflecting on his time building what he described as a “fast-growing, multibillion-dollar consumer technology business” spanning AI wearables, augmented and mixed reality, and the metaverse. “I see SO much exciting opportunity in this space, to which I eventually intend to return to lead and grow something cool and exciting,” Reed wrote. “In the meantime,…