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Climate Energy News

Greece battles Europe’s deadliest fire of the summer for 10th day

 Hundreds of Greek firefighters were battling a huge blaze on Monday which has killed at least 20 people over the past ten days, Europe’s deadliest wildfire so far this summer as record-setting heatwaves unleash blazes across the continent. The fire which began near the city of Alexandroupolis has raged uncontrolled in northeastern Greece’s Evros region, […]

Energy News

Focus: Tesla braces for its first trial involving Autopilot fatality

 Tesla Inc (TSLA.O) is set to defend itself for the first time at trial against allegations that failure of its Autopilot driver assistant feature led to death, in what will likely be a major test of Chief Executive Elon Musk’s assertions about the technology. Self-driving capability is central to Tesla’s financial future, according to Musk, whose own reputation as […]

Technology News

Nvidia’s $25 billion buyback ‘a head-scratcher’ for some shareholders

Nvidia’s (NVDA.O) move to buy back $25 billion of its shares after its stock has more than tripled this year caught some investors off-guard, even as they cheered a stellar second-quarter report. Shares of Nvidia touched a record high on Thursday, a day after the company blew past expectations with its quarterly revenue forecast as an artificial-intelligence boom fueled demand for […]

Climate Environment Finance

Limiting climate change requires rechannelling of Special Drawing Rights to Multilateral Development Banks

Investments are needed around the globe to mitigate climate change, but it is in developing countries, where population growth and economic growth prospects are greatest, that climate mitigation investments need to grow the most. This column argues that closing the climate investment gap in these countries requires rechannelling of Special Drawing Rights to Multilateral Development […]

Business News

NYSE suspends trading of WeWork warrants, to start delisting them

The New York Stock Exchange has suspended trading in WeWork’s warrants due to “abnormally low” trading price levels and will initiate proceedings to delist them, the flexible workspace provider said on Tuesday. WeWork, which earlier this month warned about its ability to stay afloat, added that the company’s common shares will continue to trade on the NYSE. It […]

media Business News

Netflix signups remain high, fueled by password-sharing crackdown – data

 Signups for Netflix (NFLX.O) in the United States remain elevated despite a fall from June’s record high after the video-streaming pioneer’s crackdown on shared passwords came into effect in May, according to data from research firm Antenna. “Love is sharing a password,” Netflix had posted on X – then known as Twitter – in 2017, but its […]

Technology World

Nvidia shares up on hopes of strong results powering another AI rally

Nvidia shares rose about 2% on Wednesday on growing expectations that the chip designer will deliver another strong outlook and boost markets as it reaps the benefits of early investments in artificial intelligence. Shares of the most valuable chip company, which has been pivotal in driving this year’s stock market rally, briefly scaled a record high in the […]

World Featured News

Chandrayaan-3 spacecraft lands on the moon in ‘victory cry of a new India’

 An Indian spacecraft landed on the rugged, unexplored south pole of the moon on Wednesday in a mission seen as crucial to lunar exploration and India’s standing as a space power, just days after a similar Russian lander crashed. “This moment is unforgettable. It is phenomenal. This is a victory cry of a new India,” said Prime […]

Environment World

Strains on freshwater resources: The impact of food production on water consumption

SDG 6 calls for ensuring availability and sustainable management of water and sanitation for all. Although global access to clean water has increased in recent decades, population growth and climate change threaten to aggravate water scarcity in many countries. Since the 1960s, about two-thirds of countries have seen an increase in their level of water stress.  Water is indispensable for […]