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REUTERS/Nathan Frandino/File Photo Acquire Licensing RightsNov 8 (Reuters) - U.S. commercial fishing groups on Wednesday sued 13 tire manufacturers in California, saying a chemical used in their tires is poisoning West Coast watersheds and killing rare trout and salmon. The fishing groups said the chemical, which becomes toxic when it degrades, is released from tires as vehicles drive around and park. The tire manufacturers did not immediately respond to requests for comment on Wednesday. In July, California's Department of Toxic Substances Control adopted a rule requiring tire manufacturers to evaluate safer alternatives to 6PPD, noting the threat to coho salmon. Together, the 13 tire manufacturers sued on Wednesday account for 80% of the domestic U.S. tire market, according to the lawsuit.
Persons: Nathan Frandino, Elizabeth Forsyth, Forsyth, Clark Mindock, Alexia Garamfalvi, Sandra Maler Organizations: REUTERS, Wednesday, Institute for Fisheries Resources, Pacific Coast Federation of Fishermen's Associations, Bridgestone Corp, Goodyear Tire &, Michelin, Environmental Protection Agency, EPA, California's Department, Toxic Substances, Thomson Locations: Lagunitas, Marin County , California, U.S, California, San Francisco federal, West
Nomura hires two bankers for transport technology deals
  + stars: | 2023-05-16 | by ( Isla Binnie | ) www.reuters.com   time to read: +2 min
NEW YORK, May 16 (Reuters) - Japanese investment bank Nomura (8604.T) has hired two investment bankers to lead its coverage of mobility and automotive clients in Europe and the United States through its sustainability-focused division Greentech. "You saw in the "de-SPAC" furore a lot of standalone young electric vehicle companies raise capital. The reality is the path to success and scale, to build a standalone company, is dramatically complex," Duncan Williams, global co-head of Nomura Greentech, told Reuters. Investment banks in Europe and the United States raked in more than $700 million in fees for deals in technologically-advanced mobility and transportation in 2021, Williams said, adding he expected the area to remain lucrative. Reporting by Isla Binnie in New York Editing by Greg RoumeliotisOur Standards: The Thomson Reuters Trust Principles.
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