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☆ AFCON: Egypt reaches knockout stages after wild finale as Ghana crumbles
▼ + stars: | 2024-01-23 | by ( Matias Grez | ) edition.cnn.com time to read: +3 min

CNN —Egypt reached the Africa Cup of Nations knockout stages thanks to a 2-2 draw against Cape Verde in a stunning finale to Group B, as Ghana threw away a 2-0 lead to move to the brink of an early tournament exit. Going into the final round of matches, Cape Verde had already secured top spot but Egypt, Ghana and Mozambique all had a chance of reaching the last 16. Their disappointment, however, would be short lived and they were quickly informed that Ghana had squandered its 2-0 lead thanks to goals from Mozambique in the 91st and 94th minute. Relief will certainly be the overriding emotion for an Egypt team that has struggled to make much of an impression at the tournament so far. Ghana blew a 2-0 lead in injury time to move to the brink of elimination from AFCON.

Persons: Cape Verde’s Gilson Benchimol Tavares, Egypt’s Trézéguet, Mostafa Mohamed, Bryan Silva Teixeira Jr, Mo Salah, Issouf Sanogo, ”, Ramy Abbas Issa, @RamyCol, Salah, Chris Hughton, hasn’t Organizations: CNN, Africa, Nations, Cape, Getty, Brighton, Nottingham Forest Locations: Egypt, Cape Verde, Ghana, Mozambique, AFP, England, Morocco

☆ The popular clothing brand Everlane slashed its carbon emissions by 22% with help from a high-tech startup. Companies all over the world are racing to do the same.
▼ + stars: | 2023-09-08 | by ( Érica Carnevalli | ) www.businessinsider.com time to read: +10 min

In 2021, the clothing brand teamed up with the carbon-accounting startup Watershed to track carbon emissions, mostly from Everlane's supply chain, using data collection. Everlane is one of several companies using carbon-accounting startups to track emissions and put a dollar amount on their carbon footprints. Investment by venture-capital firms in carbon-accounting startups surged from $60 million in 2020 to $767 million in 2022, according to PitchBook. But it's challenging to precisely monitor this since companies' emissions are not the same, and they often overlap. The startup works with small, midsize, and enterprise companies, including Virgin Atlantic.

Persons: Everlane, Katina, Maria Fujihara, Fujihara, Amelia Penniman, Benchimol, Lauren Gifford, Gifford, DoorDash, Michael Thornton, Thornton Organizations: Service, Fortune Business, Sinai Technologies, Bayer, Siemens, SINAI Technologies, Investment, BlackRock, Walmart, Greenhouse Gas Management Institute, US Environmental Protection Agency, International Energy Agency, Carbon Analytics, Greenhouse, Greenhouse Gas Management, Securities and Exchange Commission, Carbon Solutions, Colorado State University, Virgin Atlantic Locations: Sequoia, Airbnb, Sinai

Things are calmer now, but seven traders who spoke to Reuters, some heading rates desks at big global banks, said March's mayhem continues to reverberate, with fears of further volatility in traditionally stable bond markets muting activity. Investors rely on government bond markets to translate central bank interest rates into a stable benchmark for borrowing costs, from corporate loans to household mortgages. Yield shifts in government bond markets have become bigger - occasionally hitting 20 bps a day - since central banks started ramping up rate hikes last year to tame surging inflation. For some, March's turmoil is the latest sign of how post-2008 regulations constraining dealer balance sheets are affecting bond market functioning. Others noted markets were leaving behind an era of low volatility for good as rates rise.

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