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Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

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.