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Updated 2025-06-29T18:12:15Z Share Facebook Email X LinkedIn Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Bill Gates and Warren Buffett have been friends for over 30 years. After hitting it off in their first meeting, they worked together on philanthropy for decades. But their relationship appears to have cooled in recent years. Warren Buffett and Bill Gates, who both rank high among the richest men in…

President Donald Trump says the United States has found a buyer for TikTok.In an interview with Fox News that aired on Sunday, the president said the buyer was a group of “very wealthy people” that he would reveal in “about two weeks” — his favorite timeline.Trump added that he would “probably” need China’s approval for a sale to go ahead, but appeared confident that Chinese leader Xi Jinping would back it.Trump has stepped in three times so far to extend a deadline for TikTok’s Chinese owner, ByteDance, to find a new buyer or effectively cease operating in the United States.An…

Donald Trump, as both a citizen and president, has railed against modern dishwashers, washing machines, light bulbs, showerheads and toilets, claiming that onerous government regulations render them less effective and more expensive.Since returning to the White House in January, he’s turned his ire into an edict.On April 9, Trump issued an executive order directing certain federal agencies “to incorporate a sunset provision” into a laundry list of energy production regulations, including those covering appliances. A month later, he issued a memorandum, entitled “Rescission of Useless Water Pressure Standards.”Following that, on May 12, the Department of Energy announced that it was…

This week’s ESG headlines reveal a global acceleration in carbon credit adoption, clean energy investments, and sustainability disclosure reforms. As Microsoft, JPMorganChase, and ByteDance ink multi-million-ton carbon removal deals, governments in Singapore, the UK, and EU reshape climate finance policy and reporting frameworks. Meanwhile, bold private sector moves—from Eni’s $2.3B renewables divestment to Meta’s 800 MW clean energy push—signal rising urgency to meet net-zero targets. Here’s your roundup of the most significant ESG developments this week, curated by ESG News. GOVERNMENT, POLICY & REGULATION CARBON MARKETS CLIMATE & ENERGY TRANSITION SUSTAINABLE FINANCE And More… ESG INVESTING & FUNDS ENVIRONMENT, NATURE…

MIAMI (AP) — Tropical Storm Barry formed Sunday near Mexico’s southeast coast and is expected to drench the region for several days.The storm’s center was located about 90 miles (140 kilometers) east-southeast of Tuxpan, Mexico and about 165 miles (about 265 kilometers) southeast of Tampico, Mexico, according to the U.S. National Hurricane Center in Miami.It had maximum sustained winds of 40 mph (65 kph) and was moving northwest at 6 mph (9 kph).A tropical storm warning is in effect for the coast of Mexico from Boca de Catan southward to Tecolutla.The storm is expected to strengthen slightly before it reaches…

The oil market is assuming a bearish tilt after the Iran-Israel conflict ended in a ceasefire this week, with President Donald Trump hinting he could loosen sanctions against the Islamic Republic’s crude exports. The 12-day conflict drove oil prices sharply higher and then lower as traders gauged the odds of a major supply disruption. U.S. crude oil prices surged more than 15% from the start of Israel’s air campaign against Iran on June 13, only to peak at a five-month high on the evening of Sunday June 22 after the U.S. bombed the Islamic Republic’s three key nuclear sites. Global…

Blood-sucking ticks that trigger a bizarre allergy to meat in the people they bite are exploding in number and spreading across the US, to the extent that they could cover the entire eastern half of the country and infect millions of people, experts have warned.Lone star ticks have taken advantage of rising temperatures by the human-caused climate crisis to expand from their heartland in the south-east US to areas previously too cold for them, in recent years marching as far north as New York and even Maine, as well as pushing westwards.The ticks are known to be unusually aggressive and…

Abu Dhabi-based petrochemicals company Borouge PLC has partnered with Honeywell to conduct a proof of concept for AI-powered autonomous operations. The company said in a media release that this collaboration has the potential to revolutionize its UAE plant operations. The collaboration between Borouge and Honeywell is set to deliver the petrochemical industry’s first AI-driven control room designed for full-scale, real-time operation, establishing a new standard for the future of AI in petrochemicals, Borouge said. “Borouge’s AI, Digitalization, and Technology (AIDT) transformation program is setting new standards in operations, innovation, and business performance. By collaborating with global AI leaders such as…

Mumbai, Jun 07 (ANI): Mukesh Ambani, Chairman and Managing Director of Reliance Industries, addresses the gathering during an event for the launch of the ‘Divine Scientist’, a biography on Professor MM Sharma (unseen), at Institute of Chemical Technology in Mumbai on Saturday. (ANI Photo) New Delhi: Russian oil giant PJSC Rosneft Oil Company is in early talks with Reliance Industries for sale of its 49.13 per cent stake in Nayara Energy, which operates a 20-million tonnes-a-year oil refinery and 6,750 petrol pumps in India, sources said. Reliance has held preliminary talks for acquisition of Nayara, which will help it overtake…

Solar and wind energy are highly variable, dependent on the day, weather and location of the facilities. At times, they can generate more electricity than is needed, but they can also fall short when demand is at its peak. Unfortunately, any extra energy created by these sources is often wasted, as there are few methods that adequately store it long-term. To improve energy security in the United States, the nation requires both sources of energy and novel ways to store and distribute it. “Rather than sourcing carbon from below-ground, RCC enables the use of above-ground carbon as a…