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15 mentions found


☆ Embracing the chaos in Ho Chi Minh City
  + stars: | 2024-10-06 | by ( Richard Quest | Joe Minihane | ) edition.cnn.com   time to read: +9 min
This is Ho Chi Minh City, the commercial heart of a resurgent Vietnam. It may be Ho Chi Minh City. Maksym Panchuk/iStock Editorial/Getty ImagesAccording to a 2022 C40 Cities Report, Ho Chi Minh City is home to some 7.3 million motorcycles. Watching him at work is to appreciate just how important preserving history and sharing culture is to the people of Ho Chi Minh City. Yet to get a proper taste of its most famous coffee, you really need to find one of the best coffee houses in Ho Chi Minh City.
Persons: thrall, Graham Greene, “, ” Greene, Greene, Ho, Po, it’s, ”, Minh City's, Ho Chi Minh, Tuan, Reed Kaestner, Tran, Tien, “ It’s, Âu, Lạc Long, Richard Quest, there’s, curbside Organizations: CNN, Maksym, Saigon Opera, National Assembly, Municipal Theatre of Ho, zipping, American Embassy, brac Locations: Chi Minh City, Vietnam, It’s, Ho Chi Minh City, it’s, Saigon, Chi, Ho Chi, Paris, South Vietnam, Municipal Theatre of Ho Chi Minh City, Brazil, “, American
☆ Costco members can save $1,000 or more on an EV from GM, Volvo, or Polestar this summer
  + stars: | 2024-05-02 | by ( Dominick Reuter | ) www.businessinsider.com   time to read: +1 min
This summer, the wholesale club is swinging big with $1,000 or more off EVs from four brands. There is one catch though: the deal is only available to people who were Costco members as of April 30. AdvertisementOne of the under-appreciated perks of a Costco membership is big savings on new cars. This summer, Costco is swinging big with $1,000 or more off EVs from four brands. From now until July 31, Costco members can take $1,000 off the price of a Cadillac Lyriq, Chevy Equinox EV, Chevy Blazer EV, Volvo C40 Recharge, or Volvo XC40 Recharge.
Persons: — Organizations: Costco, Service, haggling, EV, Blazer EV, Volvo
☆ Volvo shares jump 24% on higher sales, plans to stop Polestar funding
  + stars: | 2024-02-01 | by ( Elliot Smith | ) www.cnbc.com   time to read: +1 min
Volvo Cars shares surged more than 24% Thursday after the Swedish automaker announced that it will stop funding subsidiary Polestar Automotive. Volvo earlier in the day reported a 10% year-on-year increase in fourth-quarter net sales to 148.1 billion Swedish krona ($14.16 billion), bringing its full-year 2023 total to 552.8 billion krona. Adjusted operating income jumped to 18.38 million krona from 12.17 million for the same period in 2022. The group announced that it may hand stewardship of ailing luxury car brand Polestar over to majority Volvo shareholder Geely Holding . "We are therefore evaluating a potential adjustment to Volvo Cars' shareholding in Polestar, including a distribution of shares to Volvo Cars' shareholders.
Organizations: Volvo, Volvo Cars, Polestar Automotive, Geely, Geely Sweden Holdings Locations: Seoul, South Korea, Swedish, Polestar, Geely Sweden
☆ The latest awkward news for Boeing: Blinken's plane broke down on his Davos trip
  + stars: | 2024-01-17 | by ( Paul Squire | ) www.businessinsider.com   time to read: +2 min
He was stuck in Switzerland after his Boeing jet malfunctioned, Bloomberg reported. The airline has come under fire after a door on a 737 Max 9 jet blew off during a commercial flight. US Secretary of State Antony Blinken ended up getting stranded in Switzerland on his way home from Davos after his custom Boeing 737 plane broke down, according to Bloomberg. On January 5, an Alaska Airlines flight had to make an emergency landing after a door plug on the Boeing 737 Max 9 jet blew off during the flight. AdvertisementThe 737 Max 9 fleets were grounded.
Persons: Antony Blinken, —, Max Organizations: Boeing, Bloomberg, Service, US Air Force, Air Force, Alaska Airlines, Max, Federal Aviation Administration Locations: Davos, Switzerland, Zurich
☆ What a Long, Strange and Unsatisfying EV Trip It’s Been
  + stars: | 2023-10-20 | by ( James Freeman | ) www.wsj.com   time to read: +1 min
Secretary of Energy Jennifer Granholm and Secretary of Transportation Pete Buttigieg charge an electric vehicle in Takoma Park, Maryland in 2021. Photo: michael reynolds/ShutterstockIt’s a hard life on the road, especially when the journey involves politically correct transportation. Regular readers are familiar with the travails of Secretary of Energy Jennifer Granholm and Secretary of Transportation Pete Buttigieg as they have bravely attempted to promote impractical travel. The Times identifies David Gelles as “a correspondent on the Climate desk,” suggesting he’s at least open to the idea of inefficient transport. Sure enough, Mr. Gelles reports in the Times’s Climate Forward newsletter that he’s had good experiences with Tesla and its charging network.
Persons: Energy Jennifer Granholm, Transportation Pete Buttigieg, michael reynolds, Shutterstock, David Gelles, Gelles, he’s, Tesla Organizations: Energy, Transportation, New York Times Locations: Takoma Park , Maryland, Minneapolis
☆ E.V. Range Anxiety: A Case Study
  + stars: | 2023-10-19 | by ( David Gelles | More About David Gelles | ) www.nytimes.com   time to read: +1 min
Electric vehicle sales are booming, and an effort is underway to blanket the country with new charging stations. I’ve been renting electric cars ever since Hertz started offering Teslas as an option a couple of years ago. Whenever I needed to power up, I found one of Tesla’s fast charging stations and was back on the road with a nearly full battery in less than an hour. But when I arrived in Minneapolis for a reporting trip this summer, the Tesla I had reserved wasn’t available. rentals, this would be a bit of a road trip, the kind of long drive through sparsely populated farmland that is a hallmark of American car culture.
Persons: I’ve, Hertz, Tesla Locations: Minneapolis, South Dakota
☆ Climate Week can make me feel cynical but there are signs that change might be underway
  + stars: | 2023-09-22 | by ( Catherine Boudreau | ) www.businessinsider.com   time to read: +6 min
Yet global emissions have continued to climb since 2015 when countries agreed to curb warming. Yet global emissions have kept growing since 2015, when nearly 200 countries struck the Paris Agreement aimed at averting the most catastrophic effects of a warming planet. There's also more willingness to name the main driver of climate change: fossil fuels. President Joe Biden didn't attend the Climate Ambition Summit and instead sent the nation's climate envoy, John Kerry. Salt Lake City Mayor Erin Mendenhall, Montreal Mayor Valérie Plante, and Paris Mayor Anne Hidalgo have headlined events.
Persons: execs, I've, General António Guterres, Alden Meyer, —, Meyer, There's, Gavin Newsom, Sultan Al Jaber, Al Jaber, Al Jaber's, Joe Biden didn't, John Kerry, Biden would've, Erin Mendenhall, Montreal Mayor Valérie Plante, Paris Mayor Anne Hidalgo, Yvonne Aki Organizations: Service, United Nations, Ambition, California Gov, United Arab Emirates, Associated Press, UN, Montreal Mayor, Paris Mayor Locations: Wall, Silicon, New York City, Paris, China, India, Russia, Japan, Colombia, Panama, Brazil, California, Dubai, UAE's, UAE, Alaska, Salt Lake, COP28, Africa
☆ Fact Check-US cities did not sign a WEF treaty to ban meat, dairy and cars
  + stars: | 2023-09-08 | by ( Reuters Fact Check | ) www.reuters.com   time to read: +2 min
No cities in the United States have signed a treaty banning meat, dairy and personal cars by 2030, as suggested in a circulating headline that falsely links a report on voluntary climate goals to the World Economic Forum, which is not affiliated with the report. While the analysis does not advocate banning private cars, it similarly calculates that reducing car ownership and increasing vehicle lifespans could cut emissions by 23% (pp 84-86). The C40 Cities group describes itself as a "global network of mayors of the world's leading cities that are united in action to confront the climate crisis” (www.c40.org/). The group is not affiliated with the WEF and receives no funding from the Forum, according to a list of C40 funders. The report by C40 Cities and collaborators cited in the article does not advocate a ban on meat, dairy and cars and is not a treaty, not legally binding and not affiliated with the WEF.
Persons: Yann Zopf, Read Organizations: Economic, Urban, University of Leeds, Arup, People’s, Reuters, C40 Locations: United States
☆ Fact Check-World Economic Forum did not say everyone will wear uniforms by 2030
  + stars: | 2023-07-18 | by ( Reuters Fact Check | ) www.reuters.com   time to read: +3 min
“WEF Says Fashion Will Be Abolished by 2030: ‘Humans Will All Wear a Uniform’” reads the headline circulating on Twitter (here) and Facebook (here), (here). The online claims misconstrue a report by a WEF partner, which presents analyses of cutting emissions by reducing clothing purchases, among other measures, but does not mention abolishing fashion or the wearing of uniforms. Arup is a WEF “partner,” which Yann Zopf, a spokesperson for WEF, said is what the organization calls its members (www.weforum.org/partners). A C40 Cities spokesperson said in an email: “The report is an analysis of consumption-based emissions in C40 cities, not a plan for cities to adopt. A report analyzing voluntary changes that cities could make to reduce emissions was not produced by the WEF and does not call for everyone to wear uniforms.
Persons: “ WEF, misconstrue, Arup, Yann Zopf, ” Zopf, WEF, Read Organizations: World Economic, Twitter, Facebook, Arup, University of Leeds, Reuters
☆ Fact Check-‘15-minute city’ is an urban planning concept that promotes easy access to essential amenities
  + stars: | 2023-03-30 | by ( Reuters Fact Check | ) www.reuters.com   time to read: +6 min
A “15-minute city” is an urban planning model that envisions an environment where people can access amenities within a 15-minute walk, bike ride, or public transport journey from their homes. However, multiple experts who spoke to Reuters said the urban planning idea has been widely misinterpreted online. WHAT IS A 15-MINUTE CITY? Versions of a 15-minute city have been implemented in Paris and Melbourne, while other areas like Ottawa (here) and Scotland (bit.ly/3Hil13x) (page 61) have proposals in place. The 15-minute city is an urban planning concept that envisions a living environment with easily accessible essentials.
☆ War of the worms: Polish politicians give each other a mouthful over edible insects
  + stars: | 2023-03-03 | by ( ) www.reuters.com   time to read: +2 min
WARSAW, March 3 (Reuters) - Polish voters were given food for thought on Friday, as politicians from the two main parties traded accusations that the other side planned to push meat-loving citizens into eating worms ahead of elections this autumn. "For the upcoming elections, PO politicians should write on each poster 'Instead of chicken eat a worm', because this is their real election programme," PiS lawmaker Bartosz Kownacki told reporters. State-run broadcaster TVP Info accompanied Kownacki's press conference with a news ticker reading "The opposition's proposals for Poles: worms instead of meat". TVP Info has been regularly criticised by the opposition as being a mouthpiece for government propaganda. However, PO politicians and city hall officials say this does not mean proposals to force people to lower meat consumption and eat worms are under consideration.
☆ Buffett-backed BYD and more: Analysts name top 'climate stocks,' giving one 100% upside
  + stars: | 2023-02-22 | by ( Weizhen Tan | ) www.cnbc.com   time to read: +2 min
Energy storage and the future of transport are two of the "most attractive" climate themes to invest in right now, according to HSBC analysts. "While long-term valuations are still below average, consensus expect earnings to grow c40% higher than global climate stocks over the next 12M," said the bank's analysts in a Feb. 20 note. Stocks with the most upside HSBC named buy-rated stocks under both of these themes which have among the highest upside to the bank's price targets. In energy storage, electric vehicle battery maker CATL (55% upside), lithium producer SQM (40% upside) and lithium producer Livent (38% upside) made the list. "The global energy storage market continues to grow, despite higher energy storage costs in 2022.
☆ Volvo Cars recalls around 106,900 cars worldwide
  + stars: | 2023-01-24 | by ( ) www.reuters.com   time to read: 1 min
STOCKHOLM, Jan 24 (Reuters) - Sweden-based Volvo Cars (VOLCARb.ST) is recalling around 106,900 cars worldwide over a suspected fault related to the brakes, a Volvo Cars spokesperson said on Tuesday. The vehicles being recalled are of the 2023 year model of the C40, XC40, S60, V60, XC60, V90 and XC90 models, the spokesperson said. Reporting by Anna Ringstrom, editing by Terje SolsvikOur Standards: The Thomson Reuters Trust Principles.
☆ Bank of America unveils the most 'attractive' must-own stocks for 2023
  + stars: | 2023-01-07 | by ( Michael Bloom | ) www.cnbc.com   time to read: +6 min
Bank of America analysts said this week there are several stocks every investor must own for 2023. CNBC Pro combed through Bank of America research to find its top stocks to own this year. Bank of America says China reopening is a positive catalyst likely to send Starbucks shares higher. Shares are up more than 25% over the last six months and Bank of America calls Tapestry one of its best ideas for 2023. Tapestry "Tapestry remains a top pick given our view of its sustainable pricing power and solid capital return plan.
☆ London's mayor slams global leaders for 'dragging feet' on climate
  + stars: | 2022-10-20 | by ( Adam Jourdan | Thomson Reuters | Regional Bureau Chief In South Latin America With Previous Experience Leading Corporate News Coverage In China | ) www.reuters.com   time to read: +2 min
London Mayor Sadiq Khan speaks during the opening of the C40 World Mayors Summit to bold action on climate change, in Buenos Aires, Argentina October 20, 2022. REUTERS/Tomas CuestaBUENOS AIRES, Oct 20 (Reuters) - London Mayor Sadiq Khan, speaking at a climate summit in Argentina, slammed global policymakers on Thursday for "dragging their feet" on environmental policy, amid fears that momentum to tackle climate change has stalled in the face of economic turmoil. Climate Change Conference, known as COP27, with concerns over fuel security and rising costs exacerbated by the war in Ukraine overriding climate goals. A report on Wednesday from global nonprofit research group World Resources Institute found that current global plans to fight climate change, known as nationally determined contributions, would fall well short of Paris Agreement targets. "The climate emergency isn't a tomorrow issue, it's right here today on our doorstep," Khan said.
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