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Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

Nvidia to take stake in Nokia

Nvidia share price soars 20%.
  • Iraq to cut out carbon emissions in full by 2025

    In order to cut out carbon emissions completely, Iraq will stop burning associated gas permanently in 2025.

    He said that Iraq will stop burning associated gas permanently in 2025

    "At this summit, we seek to start developing plans to transform the future of our countries and all their economies to a green future free of emissions”

  • Greenhouse gas levels reach new record high: UN

    The UN's blunt report comes as British Prime Minister Boris Johnson, the COP26 host, said he was "very worried" that...

    The World Meteorological Organization said that continued rising greenhouse gas emissions would result in more extreme weather.

    Concentrations of all three major greenhouses gases --CO2, methane and nitrous oxide--have risen alarmingly.

  • China aims to cut fossil energy use to below 20% by 2060

    China is targeting an ambitious clean energy goal of reducing fossil fuel use to under 20 percent by 2060, according...

    The document follows a pledge by President Xi Jinping to wean the world's biggest polluter off coal

    But the country has been criticized for pushing ahead with opening dozens of new coal power plants

  • Aramco sets 2050 net-zero target

    The company acknowledged that this would have its challenges.

    Saudi Aramco chief Amin Nasser has said the company will achieve net-zero emissions by 2050

    He was speaking at the Saudi Green Initiative forum, where Saudi Arabia pledged to become net-zero by 2060

  • Saudi Arabia eyes zero carbon emissions by 2060

    At the Saudi Green Initiative forum, the Gulf country has also vowed to join a global effort to reduce methane...

    Saudi Arabia has announced plans to reduce carbon emissions by 278 million tons annually by 2030

    The country is also taking the Global Methane Pledge to reduce methane emission

  • New leaks rock Facebook

    Internal documents seem to support the accusations.

    Facebook held back from doing all it could to stop users from being radicalized, say recent leaks

    It is also accused of not doing enough to stop US election misinformation from flooding the social network

  • Egypt looks to raise renewable energies share to 42% by 2035

    Egypt is looking to increase the share of renewable energies to over 42 percent by 2035, after the country reached...

    Mohamed Shaker, the minister of electricity and renewable energy, noted that Egypt has allocated 7,650 square kilometers of unused lands to new and renewable energy projects

    He said that Egypt is the largest holder of electrical capacities in the MENA region and has the capacity to produce up to 90 gigawatts of wind and solar capacity

  • John Kerry

    US climate envoy to take part in Middle East Green Summit

    John Kerry, the US climate envoy, will be in Saudi Arabia on Sunday to participate in the Middle East Green...

    Kerry will “engage with government counterparts and private sector leaders on efforts to address the climate crisis”

    Saudi Arabia will host the inaugural Saudi Green Initiative Forum and Middle East Green Initiative Summit in Riyadh on Oct. 23-25

  • Animal kidney works in human patient in ‘potential miracle’

    The donor animal belonged to a herd that had undergone a genetic editing procedure to knock out a gene that...

    Critically, the organ was able to reduce the level of the molecule creatinine, a key indicator of kidney health

    Montgomery carried out the surgery with several colleagues over the course of around two hours.

  • Rio Tinto to ‘halve’ emissions

    Mining releases 4-7% of global greenhouse gas emissions.

    Rio Tinto said it would spend around $7.5 billion from now until the end of the decade to reduce emission

    The cut would be to so-called scope one and two emissions — from mining operations and power consumption

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