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ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

Plastic, chemical waste exceeded planet’s safe limit: study

The total weight of plastic on Earth is now four times the biomass of all living animals, says study. Image/AFP
  • There are an estimated 350,000 different manufactured chemicals on the market and large volumes of them end up in the environment
  • Since 2020 plastic production has increased to 367 million tones but less than 10 percent of the world’s plastic is currently recycled

Chemicals and plastics are affecting biodiversity, piling additional stress on already stressed ecosystems.

Pesticides kill living organisms indiscriminately and plastics are ingested by living things.

“Some chemicals are interfering with hormone systems, disrupting growth, metabolism and reproduction in wildlife,” Carney Almroth said.

While greater efforts are needed to prevent these substances being released into the environment, scientists are now pushing for more drastic solutions, such as production caps.