DIRS.INFO The most relevant business & tech news

☆ Ukraine: Europe is braced for a showdown on funding
▼ + stars: | 2024-01-31 | by ( Luke Mcgee | ) edition.cnn.com time to read: +7 min

Hungarian Prime Minister Viktor Orban says he doesn’t oppose European funding for Ukraine, but is insisting that the money should not come out of the EU’s budget. It is widely suspected that Orban is using his veto on the funds for Ukraine to force Brussels into unlocking the money for Hungary. Beyond Europe, there are also major concerns about what a second Donald Trump presidency would mean for Ukraine and European security as a whole. As the Ukraine crisis approaches the two-year mark it is becoming increasingly difficult for Europe to manage. On the other, the consequences of Ukraine losing the war could be unconscionable for the rest of Europe.

Persons: Viktor Orban, Orban, Critics, Balázs, “, Jens Stoltenberg, Francois Mori, Vladimir Putin, Donald Trump, Trump, Putin Organizations: CNN —, European Union, Kyiv, EU, CNN, Financial Times, Ukraine, “, NATO, Getty, Hungarian, European Council, Foreign Affairs Locations: Brussels, Ukraine, Hungary, Russian, United States, Washington, Hungarian, “ Brussels, there’s, Budapest, Kyiv, AFP, Russia, Israel, EU, Europe

☆ EY is tracking staff office attendance with 'turnstile access' data, as some teams disregard RTO mandates
▼ + stars: | 2024-01-30 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

Read previewConsulting giant EY is keeping track of how often staff attend its offices through turnstile access data as some teams disregard its return to office policies in the UK, the Financial Times reported first. This story is available exclusively to Business Insider subscribers. One person told the FT that some partners are being shown data that connects office attendance to mid-year performance ratings. Similarly, JPMorgan required employees to return to its office three to five days a week, depending on seniority. EY declined to comment when contacted by Business Insider.

Persons: —, Kevin Ellis, PWC, EY Organizations: Service, Financial Times, Business, Partners, Citigroup, JPMorgan, Economic

☆ Russia boasts it is beating sanctions, but its longer-term prospects are bleak
▼ + stars: | 2024-01-29 | by ( Tim Lister | ) edition.cnn.com time to read: +14 min

Far from buckling under their weight, the Russian economy is in fact 1% larger than it was on the eve of the invasion. India and China now account for 90% of Russian oil exports, according to Deputy Prime Minister Alexander Novak. Noemi Cassanelli/CNNThere’s little sign that ordinary Russians have been drastically impacted by Western sanctions. Sanctions will have a long-term impact on the Russian economy, according to the European Commission. Nabiullina said the Russian economy was like a car trying to go too fast.

Persons: Vladimir Putin, Putin, Sergei Chemezov, ” Chemezov, Scott Peterson, Alexander Novak, Christine Abely, “, ”, SWIFT, Alexei Mordashov, Noemi Cassanelli, Geoffrey Pyatt, Rachel Lyngaas, —, Alexander Nemenov, Elvira Nabiullina, Nabiullina, Natalia Kolesnikova, ” Abely Organizations: CNN, Atlantic Council, Russia, West ., Shipping, Windward, Reuters, US Treasury Department, United Arab Emirates, Crime Agency, US Treasury, “, Bank of, European, US, Financial Times, Russian Central Bank, Getty, Producers, International Energy Agency Locations: United States, Ukraine, Russian, Russia, Western, Sviatohirsk, Donetsk region, Asia, West, West . India, China, India, Volgograd, Turkey, UAE, Bank of Finland, Hong Kong, Europe, Egypt, Thailand, Moscow, Kazakhstan, Soviet Russia, AFP, Beijing

☆ Brussels Threatens to Hit Hungary's Economy if Orban Vetoes Ukraine Aid - FT
▼ + stars: | 2024-01-29 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +1 min

(Reuters) - The European Union will sabotage Hungary's economy if Budapest blocks fresh aid to Ukraine at a summit this week, under a confidential plan drawn up by Brussels, the Financial Times reported on Sunday. Brussels has outlined a strategy to explicitly target Hungary's economic weaknesses, imperil its currency and drive a collapse in investor confidence in a bid to hurt "jobs and growth" if Budapest refuses to lift its veto on the aid to Kyiv, the newspaper reported, citing a document drawn up by EU officials. they cannot imagine that" EU funds would be provided to Budapest. Hungary's EU minister Janos Boka told the newspaper Budapest was not aware of the financial threat, but that the country "does not give in to pressure". (Reporting by Disha Mishra in Bengaluru; Editing by Kirsten Donovan)

Persons: Viktor Orban, Janos Boka, Disha Mishra, Kirsten Donovan Organizations: Reuters, European, Financial Times, Budapest, EU, Kremlin, FT Locations: European Union, Budapest, Ukraine, Brussels, Kyiv, Hungarian, Russia, Hungary's, Bengaluru

☆ Elon Musk's startup is reportedly building up a war chest to take on OpenAI
▼ + stars: | 2024-01-26 | by ( Grace Kay | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewElon Musk's artificial intelligence startup xAI is reportedly looking to lock down billions more in funding as it continues to take aim at OpenAI. The company wants to raise as much as $6 billion at a proposed valuation of $20 billion, the Financial Times reported on Friday. While the billionaire is aiming to compete with OpenAI, his company will have some catching up to do. AdvertisementNews of xAI's reported efforts to raise a war chest could also be a sign that Musk is doubling down on building AI products outside of Tesla.

Persons: —, xAI, Morgan Stanley, Musk, Sam Altman, OpenAI, xAI's Organizations: Service, Business, Financial Times, Bloomberg, SpaceX Locations: Hong Kong

☆ Apple is quietly stockpiling startups and hunting for talent as it fights for a slice of the AI boom
▼ + stars: | 2024-01-25 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. And it's embarking on a hunt for AI talent as it seeks to catch up with rivals like Google and Microsoft. They also suggest that Apple is ramping up its search for AI talent, advertising AI-focused jobs across several areas, including health , on-device AI , and building " foundation models," which are baseline AI models like GPT-4. Apple did not immediately respond to a request for comment from Business Insider, made outside normal working hours.

Persons: —, Siri, Morgan Stanley, Apple, Tim Cook, ChatGPT Organizations: Service, Business, Financial Times, Google, Microsoft, Apple, Apple's Worldwide, Conference, Apple Watch, Bloomberg Locations: PitchBook

☆ US Urges China to Help Curb Red Sea Attacks by Iran-Backed Houthis -FT
▼ + stars: | 2024-01-24 | by ( Jan. | At A.M. | ) www.usnews.com time to read: 1 min

(Reuters) - The United States has asked China to urge Tehran to rein in Iran-backed Houthi rebels attacking commercial ships in the Red Sea but has seen little sign of help from Beijing, the Financial Times reported on Wednesday, citing U.S. officials.

Organizations: Reuters, United, Financial Times, U.S Locations: United States, China, Tehran, Iran, Beijing

☆ Apple has paid a $13 million fine that will go directly into Russia's state budget as Putin ramps up war spending, report says
▼ + stars: | 2024-01-23 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Apple has paid a $13 million Russian fine over alleged illegal app store practices, per the FT. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementApple has reportedly paid a $13 million Russian fine as President Vladimir Putin escalates his crackdown on foreign tech firms. Like many other Western companies, Apple has largely abandoned Russia since Putin launched an invasion of Ukraine in February 2022, though it still operates its app store in the country. However, the war has left the Russian economy struggling with spiraling food prices and a shortage of workers .

Persons: —, Vladimir Putin, Putin, Russia's Organizations: Apple, Google, Service, FAS, Financial Times, Big Tech, Business Locations: Russia, Ukraine, Ukrainian, Russian

☆ Sam Altman wants to solve the great AI chip shortage himself
▼ + stars: | 2024-01-23 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

That's according to a report from Bloomberg , which stated that Altman had been busy pitching heavyweight investors to back a new AI chip venture that would give his company a lot more control over its chip supply. AdvertisementBut a bunch of tech companies have started designing their own. In November, for instance, Microsoft unveiled its new Azure Maia AI chip , designed with large language model (LLM) training in mind. Despite this, Altman's plan has already won fans. "Building the best AI assistants, AIs for creators, AIs for businesses and more – that needs advances in every area of AI."

Persons: —, Sam Altman doesn't, Altman, Maia, Jensen Huang, Altman's, It's, Adam Niewinski, Mark Zuckerberg Organizations: Service, Business, Microsoft, Nvidia, Bloomberg, Intel, NVIDIA, Getty, Altman, OTB Ventures, AIs Locations: AFP

☆ Russian troops outnumber Ukrainians 4 to 1 on a key battlefront, says soldier: 'The situation is deplorable'
▼ + stars: | 2024-01-19 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

Read previewRussian troops have a significant advantage over Ukraine when it comes to manpower on the Dnipro River, a Ukrainian soldier said. He also said that Ukrainian forces were suffering heavy casualties, though he declined to give specific numbers. According to one Russian military blogger quoted by the UK MOD, Ukrainians have destroyed almost 90% of Russian military hardware in one village located on the east bank of the river. It's impossible to move equipment there," Ukrainian soldier Oleksiy told The New York Times in December. Meanwhile, an unnamed soldier told the BBC that some of the marines sent to help defend recent Ukrainian advances on the Dnipro "can't even swim."

Persons: —, Vanya, Oleksiy Organizations: Service, Business, Financial Times, UK Ministry of Defence, New York Times, BBC, Institute for, Russian 810th Naval Infantry Brigade Locations: Ukraine, Dnipro, Ukrainian, Krynky

☆ The Himalayan mountains are growing — but Tibet could be splitting apart in the process
▼ + stars: | 2024-01-18 | by ( Kelsey Vlamis | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +4 min

As the Indian and Eurasian tectonic plates slowly collide, the Himalayan mountains continue to rise. However a new study suggests the Indian plate may be peeling apart, causing a slab tear. AdvertisementAn eons-long collision that created the Himalayas, the world's tallest mountain range, may also be splitting Tibet apart into two pieces, new research suggests. The edge of the Eurasian plate crumpled upward as India pressed into it, thrusting the Himalayas into existence. But scientists haven't been sure where exactly the Indian plate was going.

Persons: —, Gongga, haven't, Stringer, van Hinsbergen, Utrecht University geodynamicist, Simon Klemperer, it's Organizations: Service, China News Service, Reuters, American Geophysical Union, Utrecht University, Stanford University, Science Locations: Tibet, India, Lhasa, Tibet Autonomous Region, China, Utrecht

☆ Jeff Bezos and Lauren Sánchez channeled 'mob chic,' the internet's hottest style trend, at Milan Fashion Week
▼ + stars: | 2024-01-16 | by ( Mary Hanbury | ) www.businessinsider.com time to read: +2 min

Jeff Bezos and Lauren Sánchez recently attended men's fashion week in Milan. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementIf you want to know how to nail down the "mob wife" look that's going viral on social media, you'd be wise to take tips from Jeff Bezos' partner, Lauren Sánchez. His fiancée, meanwhile, was peak "mob wife" — wearing a sheer, floor-length black lace Dolce & Gabbana dress for the evening event. Robino Salvatore/GC ImagesThe "mob wife" fashion trend, which is the antithesis of 2023's "quiet luxury" aesthetic is all about opulence.

Persons: Jeff Bezos, Lauren Sánchez, Bezos, Sánchez, —, you'd, Robino Salvatore, Robert Armstrong, Armstrong, — Warren Buffett, Elon Musk Organizations: Service, Dolce, Gabbana, Amazon Locations: Milan

☆ Binance might be peak for U.S. crypto enforcement cases, says CFTC official
▼ + stars: | 2023-12-05 | by ( Huw Jones | ) www.reuters.com time to read: +2 min

Representations of cryptocurrencies are seen in front of displayed Binance logo in this illustration taken November 10, 2022. U.S. regulators have brought several cases against crypto firms such as Binance, helping to establish "guardrails" to bring "order and structure" to the market, CFTC Commissioner Kristin Johnson told an FT crypto and digital assets summit. She urged crypto firms to study the Binance settlement to see what sort of governance regulators look for at crypto firms. The CFTC will also be "deeply thoughtful" on requiring better disclosures at crypto firms that are vertically integrated, combining different activities under one roof. In the meantime, crypto firms are setting up shop in Britain to build an ecosystem that can service the rest of the world and benefit from "nuanced" regulators, Quintenz said.

Persons: Dado Ruvic, Kristin Johnson, Johnson, Brian Quintenz, Quintenz, Xiao, Xiao Zhu, Huw Jones, Mark Potter Organizations: REUTERS, Futures Trading Commission, Treasury Department, Justice Department, European Union, CFTC, KKR, Thomson Locations: U.S, Binance's, Britain

☆ Eleven climbers killed as Indonesia volcano erupts, search on hold
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: +1 min

[1/6] Mount Marapi volcano spews volcanic ash as seen from Nagari Batu Palano in Agam, West Sumatra province, Indonesia, December 4, 2023, in this photo taken by Antara Foto. The 2,891 metre (9,485 ft) high volcano spewed ash as high as 3 km into the sky on Sunday. Video footage showed a huge cloud of volcanic ash spread widely across the sky and cars and roads covered with ash. There were 49 climbers evacuated from the area earlier Monday and many were being treated for burns, he said. Indonesia sits on the Pacific's so-called "Ring of Fire" and has 127 active volcanoes, according to the volcanology agency.

Persons: Antara, el, Jodi Haryawan, Jodi, Marapi, Ananda Teresia, Martin Petty Organizations: REUTERS Acquire, Rights, Authorities, Thomson Locations: Batu, Agam , West Sumatra, Indonesia, Rights JAKARTA, West Sumatra

☆ A record 8.5 million Chinese borrowers are now blacklisted for not paying their debts, a report says. They're feeling the same financial pressures as Americans.
▼ + stars: | 2023-12-04 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

A record 8.54 million Chinese borrowers are blacklisted for not paying their debts, the FT reported. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA record 8.5 million Chinese borrowers – about 1% of the country's working-age adults – are blacklisted by their government for failing to pay their debts, the Financial Times reported on Sunday. The restrictions placed on the borrowers threaten to weigh on consumer spending in the world's second-largest economy, crimping global growth.

Persons: —, defaulters, Michael Burry, David Rosenberg Organizations: Service, Financial Times Locations: China

☆ UBS sold a Credit Suisse private jet that was used by its ex-chair to fly to Wimbledon and the Euros, breaking COVID rules — and the Maldives for a family vacation
▼ + stars: | 2023-12-04 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

A former Credit Suisse chair used the bank's private jet to breach COVID restrictions. AdvertisementUBS has sold the Credit Suisse private jet that prompted its ex-chairman's resignation after just nine months, according to the Financial Times. António Horta-Osório used the bank's Dassault Falcon 7X to travel to sports matches and breach COVID travel restrictions, an internal investigation found. A used Falcon 7X typically sells for around $18 million, according to listings on AV Buyer. The FT reported that Credit Suisse planned to sell its jet before being rescued by UBS earlier this year, but UBS executives pushed through the sale.

Persons: deplaning, —, António, Osório, deplaned, Dan Kitwood, Taylor Swift Organizations: Credit Suisse, Dassault Falcon, Service, UBS, Financial Times, Wimbledon, soccer's, Reuters, FT, Bombardier Global, Business Locations: Maldives, António Horta, London, Horta, Singapore, Zurich

☆ Indonesia's Marapi Volcano Erupts, Spewing Ash
▼ + stars: | 2023-12-03 | by ( Dec. | At A.M. | ) www.usnews.com time to read: +1 min

JAKARTA (Reuters) - Indonesia's Marapi volcano in West Sumatra province erupted on Sunday, spewing volcanic ash as high as 3,000 metres (9,843 ft) into the air, according to country's disaster management agency BNPB. The 2,891 metre high volcano erupted at 2.54 p.m. local time (0754 GMT), and volcanic ash was dispersed at high intensity to nearby districts, authorities said. Authorities have barred residents and visitors from carrying out any activities within 3 kilometres of the crater, and have set the second-highes alert level for Marapi mountain. "We have distributed masks to residents and encourage them to stay inside their houses," said Ade Setiawan, an official at BPBD's local disaster management unit. Indonesia sits on the Pacific's so-called "Ring of Fire" and has 127 active volcanoes, according to the volcanology agency.

Persons: Ade Setiawan, Bernadette Christina, Jan Harvey Organizations: BNPB Locations: JAKARTA, West Sumatra, Indonesia

☆ Insurer Aspen chooses New York over London for $4 bln IPO - FT
▼ + stars: | 2023-12-03 | by ( ) www.reuters.com time to read: +1 min

Dec 3 (Reuters) - Aspen Insurance (AHL_pc.N) is targeting its $4 billion initial public offering next year in New York instead of London partly due to management concerns about valuations and more stringent listing requirements in Britain, the Financial Times reported on Sunday. Bermuda-based Aspen, owned by private equity group Apollo, is being advised by Goldman Sachs, Citi and Jefferies on an IPO planned for the first half of next year, the report said, citing people familiar with the matter. Greater liquidity in the United States was also an important factor, it added. An Aspen spokesperson declined to comment on the report. Reporting by Shivani Tanna and Surbhi Misra in Bengaluru; Editing by Alison Williams and Will DunhamOur Standards: The Thomson Reuters Trust Principles.

Persons: Goldman Sachs, Shivani Tanna, Surbhi Misra, Alison Williams, Will Dunham Organizations: Aspen Insurance, Financial Times, Aspen, Citi, Jefferies, London, Thomson Locations: New York, London, Britain, Sunday, Bermuda, United States, Bengaluru

☆ AstraZeneca, AI biologics firm Absci tie up on cancer drug - FT
▼ + stars: | 2023-12-03 | by ( ) www.reuters.com time to read: +1 min

The AstraZeneca logo is pictured outside the AstraZeneca office building in Brussels as part of the coronavirus disease (COVID-19) vaccination campaign, Belgium, January 28, 2021. REUTERS/Johanna Geron/File Photo Acquire Licensing RightsCompanies Absci Corp FollowAstraZeneca PLC FollowDec 3 (Reuters) - Anglo-Swedish drugmaker AstraZeneca (AZN.L) has signed a deal worth up to $247 million with U.S. artificial intelligence (AI) biologics firm Absci (ABSI.O) to design an antibody to fight cancer, the Financial Times reported on Sunday. The collaboration aims to harness Absci's AI technology for large-scale protein analysis to find a viable oncology therapy, a leading focus of AstraZeneca, the report said. Absci and AstraZeneca did not immediately respond to a Reuters requests for comment. Absci applies generative artificial intelligence to design optimal drug candidates based on target affinity, safety, manufacturability and other traits.

Persons: Johanna Geron, Sean McClain, Absci’s, Shivani Tanna, William Mallard Organizations: AstraZeneca, REUTERS, U.S, Financial Times, Thomson Locations: Brussels, Belgium, Swedish, Bengaluru

☆ Consulting grads are getting a measly $5,000 as their jobs are pushed back by almost a year
▼ + stars: | 2023-11-30 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Ernst & Young has delayed the start date of some its new graduate hires for the second time. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementErnst & Young has delayed start dates for new hires to its strategy consulting arm, making them wait almost a year in total, the Financial Times reported Wednesday. Some recent graduates who were initially expecting to join Ey-Parthenon in Autumn have had their start dates delayed twice, and won't be working with the firm until July 2024. Delaying the start dates of grads is not only a cost-saving measure but also to ensure that new hires have work to do when they join.

Persons: Ernst, Young, — Organizations: Service, Financial Times, FT, Business Locations: Reddit, EY

☆ Analysts increasingly believe this retailer is the top holiday pick
▼ + stars: | 2023-11-30 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Analysts on Wall Street think Five Below is the retail stock investors should be buying as the holiday shopping season picks up steam. The report underpins a broader bullish trend for the retailer, analysts say, which is a more cost-sensitive consumer who is partial toward bargain hunting. Analyst Jason Haas noted the popularity of Five Below could improve further as shoppers gear up for the Christmas holiday. FIVE becomes most needs-based during the holiday season and the rollout of Five Beyond (products $6-25) better positions it in the gift-giving category." "All in, we think FIVE is well positioned to outperform in the current environment and will gain share behind several catalysts (e.g.

Persons: Jason Haas, Haas, Krisztina Katai, Katai, Morgan Stanley's Simeon Gutman, Gutman, — CNBC's Michael Bloom Organizations: LSEG, Bank of America, Deutsche Bank

☆ GM to cut spending on Cruise after accident - FT
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: 1 min

Technology category · November 28, 2023 · 8:23 AM UTCHuawei Technologies (HWT.UL) said some of its automotive partnerships, having gained skills in user experience, product design and marketing, were now ready to move towards independent operations and investment.

Organizations: Huawei Technologies

☆ US kicks off a spate of oil and gas auctions just as COP28 gets underway
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +2 min

The remaining acreage, in New Mexico, Oklahoma, Nevada, North Dakota and Utah, will be sold on Nov. 30, Dec. 5 and Dec. 12. The UN's "Conference of the Parties" on climate, known as COP 28, will begin on Thursday and will take place over the same two weeks. Dozens of nations plan to push for the world's first deal to phase out carbon dioxide-emitting coal, oil and gas at the meeting. "Instead of doing the necessary work to fight climate change, Biden continues to support the expansion of fossil fuels here in the U.S.," Nicole Ghio, senior fossil fuels program manager for Friends of the Earth, said in a statement. Biden's Inflation Reduction Act (IRA), a climate change law passed last year, made oil and gas auctions a prerequisite for renewable energy development.

Persons: Rick Wilking, Biden, Joe Biden, Nicole Ghio, Trump, Nichola Groom, Aurora Ellis Organizations: REUTERS, drillers, United Nations, Interior Department's, Interior Department's U.S . Bureau of Land Management, Department, Thomson Locations: Ft . Laramie , Wyoming, Wyoming, Dubai, Interior, Interior Department's U.S, New Mexico , Oklahoma , Nevada , North Dakota, Utah, U.S

☆ Second endangered Sumatran rhino born in Indonesia
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +1 min

An endangered female Sumatran rhinoceros seen next to her mother, Ratu, recently born at Sumatran Rhino Sanctuary of Kambas National Park, Lampung, Indonesia September 30, 2023, in this photo taken by Antara Foto. Antara Foto via REUTERS/File Photo Acquire Licensing RightsJAKARTA, Nov 28 (Reuters) - Another Sumatran Rhinoceros was born in an Indonesian sanctuary last week, the Environment Ministry said, the second birth of this critically endangered animal at the reserve this year. The black rhino, the smallest and hairiest of the species, was born last Saturday at the Sumatran Rhino Sanctuary (SRS) in Way Kambas National Park, Lampung province. "The birth has somewhat affirmed Indonesia's commitment to conserving rhinoceros, especially the Sumatran rhino," Environment Minister Siti Nurbaya said in a statement. The Sumatran rhino is the only Asian rhino with two horns and can grow up to 1.5 metre (5 ft) tall, weighing between 500 kg (1,102 lb) and 960 kg (2,116 lb).

Persons: Antara, Delilah, Siti Nurbaya, Ananda Teresia, Bernadette Christina, Miral Organizations: Rhino, Rights, Environment Ministry, Rhino Foundation of, Thomson Locations: Lampung, Indonesia, Rights JAKARTA, Lampung province, Rhino Foundation of Indonesia

☆ US holds first of several oil and gas auctions as COP28 gets underway
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +3 min

BLM will also offer acreage in New Mexico, Oklahoma, Nevada, North Dakota and Utah on Nov. 30, Dec. 5 and Dec. 12. Dozens of nations plan to push for the world's first deal to phase out carbon dioxide-emitting coal, oil and gas at the meeting. "Instead of doing the necessary work to fight climate change, Biden continues to support the expansion of fossil fuels here in the U.S.," Nicole Ghio, senior fossil fuels program manager for Friends of the Earth, said in a statement. Biden's Inflation Reduction Act (IRA), a climate change law passed last year, made oil and gas auctions a prerequisite for renewable energy development. Reporting by Nichola Groom; Editing by Aurora Ellis and Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

Persons: Rick Wilking, Biden, Joe Biden, Nicole Ghio, Trump, Nichola Groom, Aurora Ellis, Stephen Coates Organizations: REUTERS, United Nations, Interior Department's, Interior Department's U.S . Bureau of Land Management, Department, Thomson Locations: Ft . Laramie , Wyoming, Wyoming, Dubai, Interior, Interior Department's U.S, Converse County, New Mexico , Oklahoma , Nevada , North Dakota, Utah, U.S

Search resuls for: "Ft"

25 mentions found