Showing 1 - 10 of 306
Maritime industry agrees on carbon-reduction target
AFP, Published on 07/07/2023
» LONDON: The International Maritime Organization, overseer of the highly-polluting shipping industry, sealed a landmark deal Friday to improve its target to cut carbon emissions but green campaigners said it fell far short.
Carbon 'capture' tech is booming, and confusing
AFP, Published on 04/07/2023
» PARIs: Humanity's failure to draw down planet-heating carbon dioxide emissions — 41 billion tonnes in 2022 — has thrust once-marginal options for capping or reducing CO2 in the atmosphere to centre stage in climate policy and investment.
Chinese imports of Russian oil at post-invasion high
AFP, Published on 20/06/2023
» BEIJING: Chinese imports of Russian oil last month hit their highest level since Moscow's February 2022 invasion of Ukraine, customs data showed Tuesday, as Beijing offers an economic lifeline to an increasingly isolated Kremlin.
Arab states account for quarter of record Israel arms exports
AFP, Published on 15/06/2023
» JERUSALEM: Israeli defence exports hit an all-time high of US$12.5 billion last year, with Arab countries that recently established ties accounting for nearly a quarter of purchase contracts, officials said Wednesday.
Air travel to soar near record in 2023: industry group
AFP, Published on 05/06/2023
» ISTANBUL: Airlines will return to profit and fly a near-record 4.35 billion passengers this year, but the sector's post-pandemic recovery remains fragile, an industry group said on Monday.
Fitch downgrades French debt to AA-, outlook stable
AFP, Published on 29/04/2023
» PARIS: Credit ratings agency Fitch downgraded France's debt worthiness a notch to "AA-" from "AA" on Friday, claiming the country's "fiscal metrics are weaker than peers.
Oil market surges on shock output cuts
AFP, Published on 03/04/2023
» LONDON - World oil prices soared Monday after several top producers led by Saudi Arabia sprang surprise output cuts despite already angering the United States with a similar move last year.
Saudi Aramco reports 'record' $161 billion profit for 2022
AFP, Published on 12/03/2023
» RIYADH - Saudi Aramco said on Sunday it achieved "record" profits totalling $161.1 billion last year, drawing an outraged response from activists warning about the ravages of climate change.
Musk eyes torrid growth at Tesla, but offers no big new reveals
AFP, Published on 02/03/2023
» NEW YORK - Elon Musk presented a heady vision Wednesday to turbocharge Tesla's growth at an investor day filled with ambitious targets but short on details sought by Wall Street.
Air India unveils record plane order with Airbus, Boeing
AFP, Published on 15/02/2023
» BENGALURU (INDIA) - Air India will purchase 470 planes from Airbus and Boeing under an historic pair of mega agreements announced Tuesday, transforming the former national carrier as it prepares for scorching growth.