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☆ Flights leaving Moscow sell out as Wagner troops descend, and unconfirmed reports say Putin might have left the capital for St. Petersburg
▼ + stars: | 2023-06-24 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +2 min

Flights from Moscow have sold out amid reports Wagner troops are marching on the city, per Der Spiegel. There have been unconfirmed reports that Vladimir Putin has fled from the capital to St. Petersberg. Flights from Moscow to Tbilisi, Georgia, Astana, Kazakhstan, and Istanbul, Turkey, are now no longer available, a Der Spiegel reporter confirmed. Several other private flights from Russia were also tracked on the Flightradar24 platform, Der Spiegel said. Putin has condemned the mutiny, which he has described as a "betrayal," and has vowed that Russia will defend itself.

Persons: Wagner, Der Spiegel, Vladimir Putin, —, Petersberg, Dmitry Peskov, Denis Manturov, Putin Organizations: Wagner Group, Service, Moscow's Vnukovo Locations: Moscow, Russia, St, Petersberg, Ukraine, Tbilisi , Georgia, Astana, Kazakhstan, Istanbul, Turkey, Flightradar24, Moscow's, Russian

BERLIN, May 3 (Reuters) - U.S. climate envoy John Kerry said on Wednesday China has invited him to visit "in the near term" for talks on averting a global climate change crisis even as diplomatic relations between the world's two biggest greenhouse gas emitters remain tense. The United States and China must work together to address climate change, Kerry said in an interview with Reuters on the sidelines of a conference on global warming in Berlin. China, for example, first must issue its plan to reduce methane emissions and advance in the transition away from coal, Kerry added. "We're not pointing fingers and we're not out there trying to, you know, make this part of the other issues that are out there" between the United States and China, Kerry added. "This (climate change) is a free-standing issue which affects China as it affects the United States."

☆ COP28 president says fossil fuels still have a role to play, prompting concerns about climate summit’s goals
▼ + stars: | 2023-05-03 | by ( Laura Paddison | ) edition.cnn.com time to read: +5 min

In March, European countries agreed to promote a global phase-out of fossil fuels in a text setting out their priorities for COP28. “The shift towards a climate neutral economy will require the global phase-out of unabated fossil fuels,” the text said. Al Jaber emphasized the role of technologies like carbon capture in reducing planet-heating pollution. “All indicators… are telling us that we are way off track,” said Al Jaber. We have to get out of fossil fuels, we have to dramatically reduce emissions.”“it is no longer about visions.

☆ Nissan takes $687 million loss as it sells Russian business for 1 euro
▼ + stars: | 2022-10-11 | by ( ) www.cnbc.com time to read: +2 min

The Japanese company will transfer its shares in Nissan Manufacturing Russia LLC to state-owned NAMI, it said. The deal will give Nissan the right to buy back the business within six years, Russia's industry and trade ministry said. The sale to NAMI will include Nissan's production and research facilities in St Petersburg as well as its sales and marketing center in Moscow, the ministry said. Nissan said it expected an extraordinary loss of around 100 billion yen ($687 million), but maintained its earnings forecast for the financial year ending in March. The Nissan deal was "of great significance for the industry," Russia's Industry and Trade Minister Denis Manturov said in a statement.

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