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☆ Costco is selling a 157-piece Le Creuset kitchen set for $4,500
▼ + stars: | 2023-09-28 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

You can get a Costco 157-piece Le Creuset at Costco if you're prepared to splash out $4,500. The set "includes everything you need to set up your kitchen to be your own professional chef," Costco says. "The ultimate cookware set from Le Creuset includes everything you need to set up your kitchen to be your own professional chef," the description says. The set includes Le Creuset dinnerware in its signature shade of red. AdvertisementAdvertisementCostco also sells a Le Creuset nine-piece stainless steel cookware set for $499.99 and a nine-piece non-stick cookware set for $399.99.

Persons: Costco, —, they're, Le Organizations: Costco, Service

☆ Exclusive: China's Nio explores investment, tech alliances with Mercedes - sources
▼ + stars: | 2023-09-28 | by ( ) www.reuters.com time to read: +5 min

Nio, when contacted, denied it talked to Mercedes on a collaboration, calling it "untrue", without elaborating. Mercedes said in a separate response that there were no collaboration plans with Nio at the moment. Chinese EV companies may also be able to navigate potential trade barriers better by forging such tie-ups. Nio, whose investors include Chinese tech giant Tencent Holdings (0700.HK), has publicly called for more such tie-ups with established automakers. ($1 = 7.3127 Chinese yuan renminbi)Reporting by Zhang Yan and Brenda Goh; Additional reporting by Ilona Wissenbach in Frankfurt; Editing by Muralikumar AnantharamanOur Standards: The Thomson Reuters Trust Principles.

Persons: William Li, Ola Kaellenius, Nio, Mercedes, Leapmotor, Elon Musk, Tesla, Nio's Li, Zhang Yan, Brenda Goh, Ilona Wissenbach, Muralikumar Organizations: HK, Mercedes, Benz, Nio, EV, Volkswagen, SAIC, Audi, VW's, Tencent Holdings, Thomson Locations: SHANGHAI, China, Tesla, Frankfurt

☆ Start-up Atlas raises $27 mln for new nickel technology for EV batteries
▼ + stars: | 2023-09-28 | by ( Eric Onstad | ) www.reuters.com time to read: +3 min

U.S.-based Atlas said it has come up with a way to treat a type of nickel ore usually used as an ingredient in stainless steel into a form that can be used for EV batteries with low emissions and no waste. Atlas came up with new technology to process saprolite nickel ores, which account for about a third of global nickel resources, into mixed hydroxide precipitate (MHP) for batteries, Ley added. The new processing technology uses hydrochloric acid and caustic soda to leach the ore, but does not need high pressure or high temperatures and does not result in waste products. Some processing plants have been launched in Indonesia using high-pressure acid leaching (HPAL) to treat a similar type of nickel ore into MHP for batteries, but that technology produces toxic waste. The money will be used for engineering and design work for the pilot plant but further funding will be needed to actually build it, he added.

Persons: Jeremy Ley, Ley, Eric Onstad, Sharon Singleton Organizations: EV, North America LONDON, Reuters . Atlas, portland, Investors, Grantham Environmental Trust, Voyager Ventures, Thomson Locations: North America, Canada, United States, New Caledonia, Indonesia, Grantham

☆ How Las Vegas' private 5G network is making roads safer and getting local kids online for free
▼ + stars: | 2023-09-28 | by ( Iona Brannon | ) www.businessinsider.com time to read: +8 min

When COVID forced kids into remote school, the city of Las Vegas learned many couldn't get online. A grant helped officials build a private 5G network that connected hundreds of students for free. "So we successfully hooked up several hundred students onto our private 5G network, which gave them connectivity from their homes through the city's network to their schools." This would be supplemented by commercial carriers such as Verizon and AT&T in areas where the private network wouldn't reach. Looking ahead, Ahmed sees many use cases for a private 5G network and expects them to grow in popularity as cities harness the power of artificial intelligence to create safer environments.

Persons: COVID, —, Michael Sherwood, Sherwood, Clark, Shahid Ahmed, Ahmed, they've, Bill Baver, Baver Organizations: Service, Clark County School District, Economic Development Administration, Private, Verizon, AT, Las Vegas, Nippon Telegraph, Telephone Corp, Frankfurt Airport, NTT, City Hall, Smart Solutions Locations: Las Vegas, Vegas, Clark County's, Las, Germany

☆ A Futuristic Plan to Make Steel With Nuclear Fusion
▼ + stars: | 2023-09-27 | by ( Jennifer Hiller | Amrith Ramkumar | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/a-futuristic-plan-to-make-steel-with-nuclear-fusion-2a18ac35

Persons: Dow Jones

☆ Vedanta is preparing to demerge sprawling operations- Bloomberg News
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +2 min

A man walks past the logo of Vedanta outside its headquarters in Mumbai, India January 31, 2018. The move to demerge could help Vedanta's parent, Vedanta Resources, to manage its debt load, according to Bloomberg's report, which added that Vedanta Resources will remain the holding company for the new units. Vedanta did not immediately respond to a Reuters request for comment on the report outside business hours. The plans stand in contrast to Agarwal's attempts in 2020 to delist Vedanta Ltd to expedite the process of simplifying its corporate structure, which failed. Vedanta Resources has been scrambling to raise funds due to rating downgrades and concerns about meeting debt obligations.

Persons: Danish Siddiqui, Anil Agarwal, Agarwal, Akanksha, Shweta Agarwal Organizations: Vedanta, REUTERS, Danish, India's Vedanta, Bloomberg, Vedanta Resources, Resources, Hindustan Zinc Ltd, Vedanta Ltd, Thomson Locations: Mumbai, India, Hindustan, Bengaluru

☆ Lucid opens first international EV factory in Saudi Arabia
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsSept 27 (Reuters) - Electric-vehicle maker Lucid Group (LCID.O) said on Wednesday it had opened its first international manufacturing plant in Saudi Arabia's Jeddah city, under a deal designed to further the Middle Eastern country's electrification push. Lucid announced plans for the Jeddah factory last year and said the kingdom had signed an agreement to buy up to 100,000 vehicles from the company over 10 years. In 2022, the kingdom launched its first EV brand Ceer and announced $6 billion in investments for a steel plate mill complex and an EV battery metals plant. Industry leader Tesla (TSLA.O) is also reportedly in early discussions to set up a manufacturing plant in Saudi Arabia. Lucid's other manufacturing plant is in Arizona, United States.

Persons: Andrew Kelly, Lucid, Tesla, Yuvraj Malik, Devika Organizations: Nasdaq, Lucid Motors, Churchill Capital Corp, REUTERS, Industry, King Abdullah Economic City, Saudi's Public Investment Fund, EV, Thomson Locations: New York City , New York, U.S, Saudi Arabia's Jeddah, Jeddah, China, United States, Saudi Arabia, King Abdullah, Arizona, Bengaluru

☆ Lina Khan vs. Amazon - The New York Times
▼ + stars: | 2023-09-27 | by ( Cory Doctorow | ) www.nytimes.com time to read: +1 min

The Federal Trade Commission’s chair, Lina Khan, has brought her long-awaited, audacious case against Amazon, signaling the Biden administration’s determination to restore an approach to competition law that has been in decline since the Carter administration. But Amazon is precisely the kind of company that Congress had in mind in enacting America’s many antitrust laws. The robber barons of that era hijacked the economy and politics, but they also faced the constraints of empires grounded in physical goods. Today’s tech barons at huge platforms like Amazon, Google and Meta can deploy anticompetitive, deceptive and unfair tactics with the agility and speed of a digital system. And Amazon is the apex predator of our platform era.

Persons: Lina Khan, Carter Organizations: Federal Trade, Google, Amazon

☆ Russia's inflatable decoy tanks are 'not credible' and need to be way better to trick Ukraine, expert says
▼ + stars: | 2023-09-27 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +4 min

Russia is using inflatable tanks as decoys in Ukraine. The Russian decoys are too obvious and unlikely to trick Ukraine, he said. However — the imagery becomes a lot less intimidating once you realize that they are inflatable decoys and not real war machines. A Ukrainian UAV spots Russian inflatable decoys of T-72 tanks. Decoys — whether they're inflatable, wooden knockoffs , or high-quality lookalikes — can be highly effective on the battlefield, de Bretton Gordon continued.

Persons: —, Hamish de Bretton Gordon, they're, de Bretton Gordon, Bretton Gordon, Corbis, Gordon, Chris Panella, Anton Gerashchenko Organizations: Service, British Army Locations: Russia, Ukraine, Ukrainian

☆ Who is Hui Ka Yan, Evergrande's billionaire boss who went from power circles to police surveillance?
▼ + stars: | 2023-09-27 | by ( Clare Jim | ) www.reuters.com time to read: +5 min

[1/2] Hui Ka Yan, chairman of Evergrande Real Estate Group Ltd, the country's second-largest property developer by sales, attends a news conference on annual results in Hong Kong, China March 29, 2016. A person close to Evergrande said Hui had stopped contacting staff over the past few days, while an industry source said he had become totally inaccessible. Evergrande grew to achieve 700 billion yuan ($95.8 billion) in annual sales by 2020. Outside mainland China, Hui mixed with Hong Kong tycoons. Without the country giving me a scholarship of 14 yuan every month, I could not have completed university," Hui said.

Persons: Hui Ka Yan, Bobby Yip, Yan, Hui, Evergrande, Xi Jinping, Cheng, tycoons, Cheng Yu Tung Organizations: Real Estate Group, REUTERS, Chinese Communist Party, China Evergrande, HK, Evergrande, Bloomberg, Reuters, Forbes, Hong, New, Party, Thomson Locations: Hong Kong, China, HONG KONG, Tiananmen, Guangzhou, Guangdong province, Henan

☆ China's industrial profits extend slump for Jan-Aug, but pace of downturn eases
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +3 min

NBS statistician Yu Weining said in an accompanying statement that "a series of policies to promote macroeconomic recovery" last month's underpinned earnings. The breakdown in NBS data indicated that there was still some way to go for a robust recovery in overall earnings growth. Profits at state-owned firms slid 3.8% in first eight months, and fell 1.3% for foreign firms while private-sector companies saw earnings shrink 6.1%, the data showed. Industrial profit numbers cover firms with annual revenues of at least 20 million yuan ($2.75 million) from their main operations. Reporting by Qiaoyi Li and Ryan Woo and Beijing newsroom Editing by Shri NavaratnamOur Standards: The Thomson Reuters Trust Principles.

Persons: Bruce Pang, Jones Lang Lasalle, Yu Weining, Qiaoyi Li, Ryan Woo, Shri Navaratnam Organizations: REUTERS, Rights, National Bureau of Statistics, Jones, NBS, Thomson Locations: Lianyungang, Jiangsu province, China, Rights BEIJING, Beijing

☆ India to set emission reduction mandates for 4 sectors, to start carbon trading from 2025 -sources
▼ + stars: | 2023-09-26 | by ( Sarita Chaganti Singh | ) www.reuters.com time to read: +3 min

REUTERS/Mukesh Gupta/File Photo Acquire Licensing RightsNEW DELHI, Sept 26 (Reuters) - India will set carbon emission reduction targets for four fossil fuel dependent sectors, as the Asian country looks to align its industry with the country's greenhouse emissions reduction target, two government officials said. The market trading cycle will be annual, they said. Companies which exceed their targets earn carbon credits that can be sold to firms which fall short of their goals. The carbon credits will be traded on the proposed carbon market provided under a legislation cleared by the Indian Parliament in December last year. The targets for reducing each sector's emissions are being set by a committee comprising of key ministries such as environment, power and renewable energy.

Persons: Mukesh Gupta, Adani, Gautam Adani, Sarita Chaganti Singh, Michael Perry Organizations: REUTERS, Reuters, United Nations, Renewable, Thomson Locations: Jammu, DELHI, India

☆ Peak Oil Is Near, Energy Agency Says, but Climate Change Is Far From Solved
▼ + stars: | 2023-09-26 | by ( Brad Plumer | More About Brad Plumer | ) www.nytimes.com time to read: +1 min

In a new report, the International Energy Agency issued an updated road map of what it would take to slash the world’s energy-related greenhouse gas emissions to nearly zero by 2050. The agency laid out its first version of the road map in 2021 and said at the time that immediate action was needed to hit that target. On the one hand, global investment in low-emissions energy has increased roughly 40 percent, reaching $1.8 trillion this year. And the rapid expansion of solar power and electric vehicles has largely been in line with what that earlier report recommended, particularly in places like China, the United States and Europe. But the world can’t solve climate change with solar power and batteries alone, the new report warns.

Organizations: International Energy Agency Locations: China, United States, Europe

☆ Cargo vessel sets off from Ukrainian Black Sea port - source
▼ + stars: | 2023-09-26 | by ( ) www.reuters.com time to read: +2 min

KYIV, Sept 26 (Reuters) - A cargo vessel set off from a Ukrainian Black Sea port on Tuesday after loading but remained close to the port, an industry source said, without giving any further details. The vessel was the latest to set off from a Ukrainian Black Sea port since Kyiv established a temporary "humanitarian corridor" hugging the coastline following Russia's decision to quit a deal that had allowed safe Ukrainian exports. Two bulk carriers left the port of Chornomorsk last week via the humanitarian corridor. Deputy Prime Minister Oleksandr Kubrakov said last week that three cargo ships were heading towards Ukrainian Black Sea ports for further food and steel exports. The blockage of deep sea ports has already affected Ukrainian grain exports, which have decreased by 51% so far in September to 1.57 million tons from 3.21 million tons in the corresponding period last year.

Persons: Oleksandr Kubrakov, Ying Hao, Moscow, Pavel Polityuk, Timothy Organizations: United, Timothy Heritage, Thomson Locations: Ukrainian, Kyiv, Chornomorsk, China, Egypt, Spain, Ukraine, Moscow, United Nations, Turkey, Russia

☆ Q+A What is known about the Nord Stream gas pipeline explosions
▼ + stars: | 2023-09-26 | by ( Nerijus Adomaitis | ) www.reuters.com time to read: +8 min

This is what we know so far:WHAT ARE NORD STREAM PIPELINES? The multibillion-dollar infrastructure project was built by Russia's Gazprom (GAZP.MM) in two stages - Nord Stream 1 and Nord Stream 2. Gazprom owns 51% of Nord Stream 1, while Germany's E.ON (EONGn.DE) and Wintershall Dea (WINT.UL) have 15.5% each, while French Engie (ENGIE.PA) and Dutch Gasunie (GSUNI.UL) hold 9% each in Nord Stream 1. Nord Stream 2, fully owned by Gazprom and operated by Nord Stream 2 AG, was completed in September 2021 at a cost of $11 billion, but was never put into operation because Germany had cancelled Nord Stream 2's certification days before Russia's invasion of Ukraine on Feb. 24, 2022. The Nord Stream pipelines have been a flashpoint in an energy dispute between Europe and Moscow since Russia's invasion of Ukraine.

Persons: Pipes, Fabian Bimmer, Wintershall, OMV, Peter Frank, Die, Seymour Hersh, Mats Ljungqvist, Der Spiegel, Der Siegel, BfV, Nerijus Adomaitis, Christoph Steitz, Nina Chestney, Ros Russell Organizations: REUTERS, Rights, Gazprom, Nord, E.ON, Shell, . Security, WHO, Washington Post, Die Welt, . Security Council, Reuters, Street, ZDF, Kyiv, CIA, NDR, WDR, German Federal Intelligence Service, Thomson Locations: Baltic, Mukran, Germany, Rights OSLO, Russia, Swedish, Bornholm, Sweden, Denmark, Nord, Ukraine, Uniper, Washington, NATO, Moscow, Kaliningrad, Russian, Britain ., U.S, Norway, China, Brazil, Rostock, Wiek, Rugen, Danish, Christianso, Kolobrzeg, Poland, Europe, United States, Oslo, Frankfurt

☆ 6 yet-to-be-released electric cars we can't wait to drive
▼ + stars: | 2023-09-26 | by ( Tim Levin | ) www.businessinsider.com time to read: +5 min

Polestar 3The Polestar 3 electric SUV. Chevrolet Silverado EVThe Chevrolet Silverado EV. The Chevrolet Silverado EV. Chevrolet Equinox EVThe Chevrolet Equinox EV. The 2023 Chevrolet Equinox EV.

Persons: we'll, —, Kia EV9, Tim Levin, there's, Tesla, Samantha Delouya Tesla, Elon Musk, BMW Tesla Organizations: BMW, Chevrolet, Kia, Service, Tesla, Kia Buyers, Volvo, Petersen Automotive, Chevrolet Silverado EV, EV, Silverado, BMW i5, i5, GM Locations: Texas

☆ United Steelworkers union chief Tom Conway dies at 71
▼ + stars: | 2023-09-25 | by ( Reuters Staff | ) www.reuters.com time to read: +2 min

(Reuters) -Thomas Conway, international president of the United Steelworkers (USW) union that represents 850,000 North American steel, paper, health, education and oil workers, has died at the age of 71, the USW said on Monday. Slideshow ( 2 images )Conway joined the union in 1978 at a Bethlehem Steel plant in northwestern Indiana and became its top negotiator and later president in 2019. “Any company that had gone up against Tom in negotiations knew they would not get away with any B.S.,” said Wright. In 2017, he told a union convention that workers must be prepared to act on their demands. But when the fights do come, we can win those fights,” Conway said.

Persons: Thomas Conway, Conway, Michael Wright, “, Tom, ”, Wright, ” Conway, Jess Kamm Broomell, “ Tom, David McCall Organizations: Reuters, United Steelworkers, Bethlehem Steel, U.S . Air Force, ”, Cleveland Cliffs, U.S . Steel, Steel Locations: American, Indiana, Ohio, Pittsburgh

☆ SoftBank Corp to raise $800 mln from bond-type shares in Japan first
▼ + stars: | 2023-09-25 | by ( Anton Bridge | ) www.reuters.com time to read: +3 min

The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. SoftBank Corp, the Japanese telecommunications arm of tech investment giant SoftBank Group (9984.T), first proposed the issuance in May, but board approval only came on Monday. The shares will be listed on the Tokyo Stock Exchange on Nov. 1, with pricing expected between Oct. 13 and 17. Although classed as equity in accounting terms, the shares offer a set dividend and can be redeemed by SoftBank after a period of five years. As the shares will be publicly listed, they can be purchased through the tax-efficient Nippon Individual Savings Account (NISA), unlike corporate bonds.

Persons: Issei Kato, SoftBank, Urvi, Anton Bridge, Mariko Katsumura, Kim Coghill, Mark Potter Organizations: SoftBank, REUTERS, SoftBank Corp, Tokyo Stock Exchange, Bankers, Savings, Thomson Locations: Tokyo, Japan, Japan's, Bengaluru, Anton

☆ Goldman Sachs gives its playbook for which stocks to buy and sell in this latest rate spike
▼ + stars: | 2023-09-25 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

Treasury yields jumped last week, with the 10-year Treasury hitting its highest yield since 2007. Long duration stocks, which have the bulk of their projected earnings and cash flow far off in the future, have started to underperform short duration stocks that are generating significant cash already. For investors looking for short duration stocks that have not yet started to outperform, shares of rental car company Hertz Global are down 20% month to date. Overall, the short duration stocks highlighted by Goldman have lower valuations and a stronger near-term earnings picture than the long-duration stocks. 50% of companies in the Long Duration basket are expected to post negative EPS in 2023, compared with 6% for Short Duration," Kostin said.

Persons: Goldman Sachs, David Kostin, Kostin, Goldman, — CNBC's Michael Bloom Organizations: Treasury, Sinclair, U.S . Steel, . Steel, Hertz Locations: LSEG .

LOS ANGELES (AP) — Actor David McCallum, who became a teen heartthrob in the hit series "The Man From U.N.C.L.E." McCallum died Monday of natural causes surrounded by family at New York Presbyterian Hospital, CBS said in a statement. His parents were musicians; his father, also named David, played violin, his mother played cello. When David was 3, the family moved to London, where David Sr. played with the London Philharmonic and Royal Philharmonic. In 2007, when he was working on “NCIS,” McCallum told a reporter: “I’ve always felt the harder I work, the luckier I get.

Persons: David McCallum, McCallum, “ David, ”, James Bond, Ian Fleming, Jon Heitland's “, Robert Vaughn, Napoleon Solo, Illya, “ I’d, ’, Vaughn, Donald “ Ducky, Mark Harmon, Ducky, “, Lauren Holly, Steven D, Binder, David North, Sapphire, “ Amadeus ”, Michael Sheen, David Suchet, ” David Keith McCallum, David, David Sr, Young David, Jill Ireland, Charles Bronson, Bronson, ” McCallum, Katherine, Carpenter, we’ve, Paul, Jason, Valentine, Peter, Sophie, ” Peter McCallum, “ I’ve, ” ___ Bob Thomas Organizations: ANGELES, New York Presbyterian Hospital, CBS, Scottish, United Network Command, Law, Naval Criminal Investigation Service, Navy, Hallmark, of Fame, City, Associated Press, London Philharmonic, Royal Philharmonic, Royal Academy of Music, Royal Academy of Dramatic, Los Angeles Times Locations: New, Russian, Los Angeles, New York, Santa Monica, U.S, American, Glasgow, London, Australia, Ireland, “

You can stream the game live via Peacock or a live TV streaming service if you don't have any of those. For $6.99 per month, NFL+ offers live streams for all local broadcasts and primetime games, including Sunday Night Football, Monday Night Football, and Thursday Night Football. Jets, Oct. 1 (NBC, $5.99 on Peacock)Week 5: Cowboys vs. 49ers, Oct. 8 (NBC, $5.99 on Peacock)Week 6: Giants vs. Bills, Oct. 15 (NBC, $5.99 on Peacock)Week 7: Dolphins vs. Eagles, Oct. 22 (NBC, $5.99 on Peacock)Week 8: Bears vs. Chargers, Oct. 29 (NBC, $5.99 on Peacock)Week 9: Bills vs. Bengals, Nov. 5 (NBC, $5.99 on Peacock)Week 10: Jets vs. Raiders, Nov. 12 (NBC, $5.99 on Peacock)Week 11: Vikings vs. Broncos, Nov. 19 (NBC, $5.99 on Peacock)Thanksgiving Game: 49ers vs. Seahawks, Nov. 23 at 8:20 p.m. ET (NBC, $5.99 on Peacock)Week 12: Ravens vs. Chargers, Nov. 26 (NBC, $5.99 on Peacock)Week 13: Chiefs vs. Packers, Dec. 3 (NBC, $5.99 on Peacock)Week 14: Eagles vs. Cowboys, Dec. 10 (NBC, $5.99 on Peacock)Week 15: Ravens vs. Jaguars, Dec. 17 (NBC, $5.99 on Peacock)Week 16: Bengals vs. Steelers, Dec. 23 at 3 p.m.

Persons: Jimmy Garoppolo, wideout Davante Adams, Mike Tomlin's, Peacock, You'll, ExpressVPN, NFL RedZone Organizations: Steelers, Raiders, Football, Super, NFL, New Raiders, NBC, . Raiders, Sunday, NFL Network, NFL Films, NFL Shop, NFL Network ., Insiders, . Watch Steelers, Chiefs, . Jets, Cowboys, 49ers, Giants, Bills, Dolphins, . Eagles, . Chargers, Bengals, Jets, Broncos, Seahawks, Ravens, Packers, . Cowboys, . Jaguars, . Vikings Locations: Las Vegas, United States, DAZN, China

☆ Australia seeks separate dialogue on China wine dispute
▼ + stars: | 2023-09-24 | by ( ) www.reuters.com time to read: +2 min

[1/2] Bottles of Australian wine are seen at a store selling imported wine in Beijing, China November 27, 2020. REUTERS/Florence Lo/File Photo Acquire Licensing RightsSYDNEY, Sept 24 (Reuters) - Australia wants a separate dialogue with China on their dispute over wine, the agriculture minister said on Sunday, rejecting Beijing's proposal to link wine with other trade issues as the two nations slowly seek to improve battered relations. China's removal of tariffs last month on Australian barley has raised hopes for an easing of wine tariffs, in place since 2021, which have hammered the country's wine exports. China on Thursday proposed a "packaged solution" that would tie the wine dispute to those about duties on Australian imports of Chinese railway wheels, wind towers and stainless steel sinks, state news agency Xinhua reported. China was Australia's top wine export market before COVID, peaking at A$1.2 billion ($770 million) for the 12 months to January 2020 when the pandemic hit.

Persons: Florence, Murray Watt, Watt, Sam McKeith, William Mallard Organizations: REUTERS, Rights, Xinhua, Agriculture, Australian Broadcasting Corp, World Trade Organization, COVID, Thomson Locations: Beijing, China, Australia, COVID, Sydney

☆ Ukrainian steelmakers who scared off Russian forces with decoy weapons made of trash are now supplying troops with hundreds of fake weapons
▼ + stars: | 2023-09-23 | by ( Lauren Steussy | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

Steelworkers in Ukraine are outsmarting Russian troops with realistic-looking decoy weapons. After fooling Russian radar, new decoy weapons are being given directly to Ukrainian troops. The workers at Metinvest, Ukraine's largest steel plant, have produced more than 250 decoy weapons for Ukrainian troops, tricking Russian forces into using up valuable ammunition on nothing more than trash, the Financial Times reported. The fakes cost about 1,000 Euros to create — a fraction of the $1.1 million missiles used by Russian troops to destroy them. Militaries have long used decoy weapons to outmaneuver their opponents, such as inflatable tanks in WWII and parachuting dummies meant to simulate an airborne invasion leading up to D-Day.

Persons: — Organizations: Steelworkers, Service, Financial Times, The steelworkers Locations: Ukraine, Wall, Silicon, Metinvest

MADISON, Wis. (AP) — The Great Lakes’ frigid fresh water used to keep shipwrecks so well preserved that divers could see dishes in the cupboards. Quagga mussels, native to Russia and Ukraine, were discovered in the Great Lakes in 1989, around the same time as their infamous cousin species, zebra mussels. Scientists believe the creatures arrived via ballast dumps from transoceanic freighters making their way to Great Lakes ports. They consume so many nutrients at such high rates they can render portions of the murky Great Lakes as clear as tropical seas. After 30 years of colonization, quaggas have displaced zebra mussels as the dominant mussel in the Great Lakes.

Persons: Tamara Thomsen, Wayne Lusardi, ”, they're, quaggas, Harvey Bootsma, Edmund Fitzgerald, Gordon Lightfoot, Daniel J, Carl D, Bradley, Frank H, Moody, Brendon Baillod, Bob Jaeck, Baillod, Milwaukee's Bootsma, “, ” Baillod Organizations: Tuskegee, “, University of California, Riverside’s, Species Research, Biologists, University of Wisconsin, Milwaukee's, Freshwater Sciences, Tuskegee Airmen, Tuskegee Army Air Field, UW Locations: MADISON, Wis, Canadian, Ontario, ” Wisconsin, Superior, Lake Huron, Swiss, Russia, Ukraine, Great, Great Lakes, Lake Michigan, Lake Superior, Cedarville, Straits, Mackinac, Alabama, Madison, Trinidad, Algoma , Wisconsin, Michigan, Milwaukee, Detroit, Chicago, Toledo , Ohio

☆ Clean Hydrogen Momentum Tested by High Costs and Lack of Support
▼ + stars: | 2023-09-22 | by ( Giulia Petroni | ) www.wsj.com time to read: +3 min

Photo: Adam Glanzman/Bloomberg NewsGlobal efforts to ramp up clean hydrogen are threatened by rising cost pressures and lagging policy support despite strong momentum across the sector, according to the International Energy Agency. The number of low-emission hydrogen projects continues to grow rapidly, but installed capacity remains low as developers delay or put off plans due to increasing manufacturing, construction and installation costs, the Paris-based organization said in its latest hydrogen report. Preview Subscribe“Political momentum behind low-emission hydrogen remains strong but deployment isn’t taking off,” the IEA said. In recent years, policy makers have rolled out financial tools such as tax credits or funding programs to support developers. “Governments need stronger policy action on multiple fronts to tap in to the opportunity that low-emission hydrogen offers,” the IEA said.

Persons: Adam Glanzman, Giulia Petroni Organizations: Bloomberg, Global, International Energy Agency, Business, giulia.petroni@wsj.com Locations: Paris

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