Japan’s high-tech sunscreens tap into skincare craze
Tokyo, Japan -- When YouTuber Hannah Price set out to compare Japanese and Australian sunscreen, she wasn't expecting her deep...
Business
UNFPA and corporate partners drive reproductive justice in workplaces
World Economic Forum
Risks are interconnected, need collaborative solutions, says WEF’s Mark Elsner
World Economic Forum
Trump trade war pushes firms to consider stockpiling
Even if they don't all acknowledge it so openly, firms in many different sectors are stockpiling their products in the United...
Business
Business
EU imports US$120.5bn worth of energy products in Q4 2023
BRUSSELS, BELGIUM – In the fourth quarter of 2023, the EU imported US$120.5 billion (€111.3 billion) worth of energy products...
- Compared with the same period in 2022, imports decreased both in value (-34.2 percent) and in net mass (-11.7 percent).
- Comparing 2023 with 2022, the value of energy products dropped by 35 percent, while the volume dropped by 9.4 percent.
Geostrategy
Putin vows retribution on Moscow concert hall attacks, as toll rises
Russian President Vladimir Putin vowed to punish those behind a "barbaric terrorist attack" on a Moscow concert hall that killed...
- It is the deadliest attack on Russia in almost two decades and the deadliest in Europe to have been claimed by the Islamic State.
- Russian officials expect the death toll to rise further, with more than 100 injured in hospital.
Business
Passenger air traffic has reached pre-pandemic levels, says ICAO
MONTREAL, CANADA – In the first quarter of 2024, the International Civil Aviation Organization (ICAO) projected that passenger air traffic...
- ICAO’s latest analysis also reveals new insights into aviation industry for the year 2023.
- It said that air traffic on most routes had reached or surpassed pre-pandemic levels by end of 2023.
Geostrategy
OPEC Fund provides US$50m loan to support agriculture in quake-hit Türkiye
VIENNA, AUSTRIA – The OPEC Fund for International Development (OPEC Fund) is extending a US$50 million loan to Türkiye to...
- The Development and Investment Bank of Türkiye (TKYB) will on-lend the funds to small and medium-sized enterprises.
- This will help efforts to overcome the calamity’s impact and to promote a more resilient and sustainable agriculture sector.
Geostrategy
Iraqi PM to visit Washington for troop talks
Washington, US – President Joe Biden will welcome Iraq's prime minister on April 15 for talks on the US troop presence,...
- The visit will mark the first trip to Washington by Prime Minister Mohamed Shia al-Sudani, who took office in October 2022.
- Sudani in the past has called for an exit of US forces, redeployed nearly 10 years ago as part of a campaign to defeat the Islamic State
Geostrategy
US, Israel hold talks as Gaza truce plan fails at UN
Israel plans to send troops into Gaza's Rafah even without US support, Prime Minister Benjamin Netanyahu told Antony Blinken, as...
- US has repeatedly blocked ceasefire resolutions at the UN Security Council but tried to pass a text mentioning an "immediate ceasefire as part of a hostage deal".
- World leaders including staunch allies of Israel backed the renewed diplomatic push.
Geostrategy
Poorer countries need money before raising climate targets, says COP29 head
Copenhagen, Denmark - Developing countries should not have to set stricter targets for cutting their carbon emissions before funds are available...
- Addressing the meeting, Azerbaijan's Mukhtar Babayev said "there is a growing gap between the needs of developing countries and what's available.
- This year, "finance will lie at the heart of climate diplomacy", said Babayev, the ecology and natural resources minister of Azerbaijan, host of COP29 climate summit.
Business
Lamborghini sales up in 2023
The deliveries sped up 9.5 percent to 10,112 vehicles.
- 2023 was the best year ever recorded," the brand said in a press release, with sales up 12.1 percent to US$2.9 billion
- Operating profit reached $785 million, up 17.8 percent, with operating margins widening to 27.2 percent, said Lamborghini
Business
EGA to acquire Leichtmetall
EGA is to buy 100 percent of firm from Leichtmetall Holding.
- The transaction is expected to close during the first half of 2024, subject to obtaining regulatory approvals.
- Leichtmetall’s production mainly consists of hard alloy billets up to 1,150 millimetres in diameter
Business
Russia not in danger of trading oil at a loss, says Lavrov
MOSCOW, RUSSIA – Russia does not see the risk of trading oil at a loss due to the redistribution of...
- Lavrov expressed confidence that Moscow is not frightened of relying on countries that will buy Russian oil and gas.
- OPEC+ regulates the market and prices in an equitable manner, taking into account the interests of consumers, the minister said.
Japan’s high-tech sunscreens tap into skincare craze
Tokyo, Japan -- When YouTuber Hannah Price set out to compare Japanese and Australian sunscreen, she wasn't expecting her deep...
Business
Company News
Art and culture retain power to humanize the Intelligent Age, says WEF’s Fowler
World Economic Forum
UNFPA and corporate partners drive reproductive justice in workplaces
World Economic Forum
Risks are interconnected, need collaborative solutions, says WEF’s Mark Elsner
World Economic Forum
Latest News
Maori-led AI initiative can revolutionize language preservation, says Peter-Lucas Jones
Davos, Switzerland -- Peter-Lucas Jones, a Kaitaia native, who has been listed in the prestigious Time100 AI 2024 List, was...
World Economic Forum
Israeli airstrike kills five Palestinians in West Bank
Palestinian medics said an air strike targeting a car in the occupied West Bank killed five people on Thursday, while...
Diplomats say at least 550 pilgrims died during hajj, mostly Egyptians
"All of them (the Egyptians) died because of heat" except for one who sustained fatal injuries during a minor crowd...
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Pulitzer Prizes honor coverage of war in Gaza
New York, United States - The war in Gaza featured prominently in Monday's Pulitzer Prizes, which included a special citation for...
- The New York Times won a Pulitzer in international reporting for its "wide-ranging and revelatory coverage of Hamas's lethal attack in southern Israel on Oct. 7
- Reuters meanwhile won the award for breaking news photography for its "raw and urgent" coverage of the October 7 attack and Israeli response
Geostrategy
Trump increasingly ambiguous on Israel amid Gaza war
At the start of Israel's war with Hamas in October, Donald Trump loudly presented himself as the key US ally's...
- In an exchange with Israeli media, Trump warned that videos "of bombs being dropped into buildings in Gaza" offer "a very bad picture for the world."
- Despite allusions to his concerns, Trump has not explicitly mentioned the humanitarian crisis in Gaza, where experts warn a famine is looming.
Geostrategy
Top Europe rights court to issue landmark climate verdicts
STRASBOURG, FRANCE – Europe's top rights court will on Tuesday issue unprecedented verdicts in three separate cases on the responsibility of...
- In a sign of the importance of the issue, the cases have all been treated as priority by the Grand Chamber of the ECHR.
- All three cases accuse European governments of inaction or insufficient action in their measures against global warming.