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Russia has said it will not sell oil to countries that endorse the price cap. A G7 plan to take effect on Dec. 5 will allow the shipping industry to help export Russian oil but only at a set price - the price cap. That would leave a shortfall of 110 tankers should Moscow seek to fully skirt the price cap, Gromov added. POOLING RESOURCES WITH BUYER COUNTRIESRussia may seek to bypass the restrictions by pooling its shipping resources with those of top buyer countries that have yet to endorse the G7 price cap. Between 1 million and 2 million bpd of Russian crude and refined products exports could be shut in, a U.S. Treasury official said.

☆ India is harnessing renewable energy through the world's biggest solar farm. Here's how it happened.
▼ + stars: | 2022-11-22 | by ( James O'Malley | ) www.businessinsider.com time to read: +6 min

Meanwhile, the world's richest countries pledged to contribute to a fund that would help developing countries deal with climate disasters. Since construction began in 2015, Bhadla Solar Park has slowly grown to cover an enormous 5,700-hectare desert site with solar panels. Sustainable financeThe park was built in four phases, with each field of solar panels larger than the last. "Transmission lines take about ten times as long to build as it takes to put up solar panels," Mukherjee said. "When you see technology costs dropping, sometimes precipitously like they have with solar panels, then the opportunity to do more just grows and grows."

☆ Factbox: The newest fronts in climate-change-related legal battles
▼ + stars: | 2022-11-18 | by ( Clark Mindock | ) www.reuters.com time to read: +6 min

At the COP27 climate talks in Egypt, U.N. experts last week warned that many corporate environmental claims amounted to “empty slogans and hype.” This could embolden campaigners to launch more legal cases against climate-action laggards. The companies have denied the allegations in the lawsuits but have made public promises to work to avoid plastic pollution. The group claims the fossil fuel investments violate the French duty of vigilance law requiring corporations to identify and reduce environmental harms. The group, led by Oxfam France and Friends of the Earth France, called the move an "unprecedented legal action." The lawsuit claims DWS told investors that it invests 0% in controversial sectors such as coal, but elsewhere indicated revenue from the coal industry accounts for as much as 15% of the fund's revenue.

OTTAWA, Nov 16 (Reuters) - Canada's Prime Minister Justin Trudeau is coming under pressure from populist conservative rivals as the country veers toward a possible recession, with provinces vowing to oppose some of his Liberal government's key policies. New federal Conservative Party leader Pierre Poilievre is leading the charge, blaming Trudeau for skyrocketing inflation and laying responsibility for a housing shortage on "gatekeepers" in Ottawa. Both Alberta and Saskatchewan have lost court bids to overturn federal carbon pricing already. Alberta, Saskatchewan and other conservative-led provinces also oppose an assault-rifle buyback the Trudeau government is promising for next year. ECONOMIC HEADWINDSQuebec is a prime example of historical tension between Ottawa and the provinces.

☆ Britain's electric grid transformation was sparked by political cooperation
▼ + stars: | 2022-11-15 | by ( James O'Malley | ) www.businessinsider.com time to read: +7 min

Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. That didn't happen by accident: They are the result of a profound transformation of Britain's national grid. "The revenues you got as a wind generator were still tied to the market price, which is set by gas," Lord said. "The risk does not go away," Rahmat Poudineh, the director of research at the Oxford Institute for Energy Studies' electricity program, said. "Cornerstone of decarbonization"In any case, Britain's national grid today is in a much greener position than it once was, and the scale of the transformation is striking.

☆ How the crypto fallout could affect you
▼ + stars: | 2022-11-15 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

New York CNN Business —The crypto industry is still reeling from last week’s shocking death spiral of digital currency exchange FTX. While these funds say they had limited exposure to FTX, their inclusion points to a growing but alarming trend that could affect you even if you’re not a buyer of crypto yourself. What’s happening: Pension funds are increasingly investing in alternative assets in search of bigger returns. In the United States, public pension funds are facing serious challenges that threaten the retirement plans of millions of state and local government employees. It’s not just a trend that’s happening in the United States.

☆ UK recruiters plan record pay rises but real wages lag inflation, survey shows
▼ + stars: | 2022-11-14 | by ( Suban Abdulla | ) www.reuters.com time to read: +2 min

LONDON, Nov 14 (Reuters) - British employers are planning the biggest pay hikes in a decade to fill roles but real-term wages will still grow more slowly than inflation, a survey showed on Monday. "Pay awards are expected to rise by the highest amount we've seen in our survey for 10 years but it's being outpaced by rising prices," CIPD labour market economist Jon Boys said. "Rather than feeling the benefit of higher pay, most will face a real-terms pay cut." Britain's jobs boom has yet to peak, with 69% of employers planning to hire in the next quarter, the CIPD said. "Organisations are looking at how they can support their people while also battling rising operational costs and a tight labour market," Boys said.

☆ Legumes can help fight climate change, but 'bean hesitancy' might stand in the way
▼ + stars: | 2022-11-10 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +5 min

Lentils, beans, and peas are low-carbon protein sources that can help prevent fertilizer pollution. People have told her they don't like beans, don't know how to cook them, or don't want to deal with the gas they get from eating them. We don't need to research what they do for the human body — there's mountains of research proving that. We don't need to research how many ways there are to cook it, because there's mountains of cookbooks also proving that. But we do need to understand what is this hesitancy among Americans to eat beans," Ichikawa told Insider.

☆ In Russia, some hope U.S. midterms will mean less Ukraine aid and more chaos
▼ + stars: | 2022-11-08 | by ( Andrew Osborn | ) www.reuters.com time to read: +5 min

But for now, few in Moscow expect the bipartisan U.S. political consensus on Ukraine to crack, whatever the result of Tuesday's midterm elections. Nor do they expect Washington's support for Kyiv to dip significantly anytime soon. "However, the Biden administration will find it more difficult to push financial aid programmes to Kyiv through Congress, and the position of U.S. critics of unlimited aid to Ukraine will markedly strengthen." "Even if it survives as a single state, the United States will change dramatically and its global position will weaken under any circumstances," Akopov opined. "Without a strong and united (United) States the West will not be able to maintain control over western Russian lands for long."

Efforts to investigate the 2020 election and institute changes to the state’s election procedures — the promises that helped propel DePerno onto the political map and won him former President Donald Trump’s endorsement. In Arizona, GOP gubernatorial nominee Kari Lake has repeatedly called the 2020 election “rigged” and “stolen” during the primary only to spend most of the general election talking about immigration, education, the economy and crime. After trailing in earlier polling, both Lake and Masters appeared neck-and-neck with their opponents in the campaign’s final days. Doug Mastriano, the GOP nominee who was outside the Capitol on Jan. 6 and whose campaign paid to bus people to the pro-Trump protest that proceeded the riot, has kept the 2020 election near the forefront of his campaign. “It’s people like her,” Whitmer said of Dixon, who has baselessly raised doubts about the 2020 election results, “who are the greatest threat to our democracy right now.”Dixon has defended her use of such rhetoric.

☆ IAEA says no sign of 'dirty bomb' work at sites inspected in Ukraine
▼ + stars: | 2022-11-03 | by ( ) www.reuters.com time to read: +2 min

VIENNA, Nov 3 (Reuters) - The U.N. nuclear watchdog said on Thursday it had found no sign of undeclared nuclear activity at three sites in Ukraine that it inspected at Kyiv's request in response to Russian allegations that work was being done on a "dirty bomb". Some Ukrainian and Western officials have accused Moscow of making the allegation to give itself cover to detonate its own dirty bomb and pin the blame on Kyiv. The International Atomic Energy Agency said last month it would inspect two locations in Ukraine following a request by Kyiv. The IAEA named the locations as the Institute for Nuclear Research in Kyiv, Eastern Mining and Processing Plant in Zhovti Kody, and Production Association Pivdennyi Machine-Building Plant in Dnipro. Inspectors also took environmental samples that will be sent off for lab analysis and the IAEA will report back on the results, the statement added.

The outcome of Brazil's presidential election Sunday is being hailed as a crucial victory for global climate, with experts saying the country now has an opportunity to curb rampant deforestation of the Amazon rainforest and jump-start a green economy. The 77-year-old has vowed to fight Amazon deforestation and crack down on illegal gold miners, loggers and ranchers who have invaded indigenous land and caused widespread environmental destruction. “Brazil is ready to retake its leadership in the fight against the climate crisis,” Lula said in a victory speech in Sao Paulo, according to Reuters. The vast Amazon rainforest plays a critical role as a carbon sink, absorbing carbon dioxide from the atmosphere and releasing oxygen. The findings added new urgency to restore balance to the Amazon and avert the worst consequences of climate change.

☆ Gulf states use new oil riches to gain regional influence
▼ + stars: | 2022-10-31 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +13 min

“Money talks,” Michael Maduell, president of the Sovereign Wealth Fund Institute in Las Vegas, told CNN. Saudi Arabia’s de facto ruler, Crown Prince Mohammed bin Salman, last week announced that the nation’s wealth fund, the Public Investment Fund (PIF), is establishing five regional companies worth $24 billion across the Middle East. One of the key regional investment destinations for both Abu Dhabi and Riyadh has been Egypt. Once a regional rival, Turkey is now an economic ally of Saudi Arabia and the UAE. Despite a political thaw, Gulf investments in Iran and Syria are unlikely for the time being, say analysts.

☆ The fate of the world economy may depend on what happens to a company most Americans have never heard of
▼ + stars: | 2022-10-22 | by ( Avery Hartmans | Jacob Zinkula | ) www.businessinsider.com time to read: +13 min

The fate of the global economy may rest on the shoulders of one company: TSMC. That's because there could be trillions of dollars' worth of economic activity tied to that one company: Taiwan Semiconductor Manufacturing Company, the world's biggest chipmaker. Ann Wang/ReutersThe semiconductor industry has its roots in the US, as much of the research and development is done on US soil. According to a 2021 report from the Semiconductor Industry Association, in 1990 the US produced 37% of the world's chip supply. These days, the US is responsible for only 12% of global chip production.

☆ Prime Medicine dipped 10% in its public debut. We dug through the biotech's 283-page filing to find 5 key takeaways about the company's plan to commercialize gene editing.
▼ + stars: | 2022-10-20 | by ( Andrew Dunn | ) www.businessinsider.com time to read: +8 min

The gene-editing biotech Prime Medicine went public on Thursday. From a key patent to an uncertain timeline, here are five takeaways from Prime's filing. Its goal is to advance prime editing, a twist on CRISPR gene editing that could allow for a wider range of edits to DNA. Prime editing, another version of next-generation gene editing, works like a word processor, "searching for the correct location and replacing or repairing a wide variety of target DNA," the filing said. Jessica Rinaldi/The Boston Globe via Getty ImagesDavid Liu, a Harvard gene-editing scientist who co-invented base editing and prime editing, is Prime's largest shareholder.

☆ Concern about climate change shrinks globally as threat grows - study
▼ + stars: | 2022-10-19 | by ( Riham Alkousaa | ) www.reuters.com time to read: +3 min

Climate change awareness rose slightly in the United States in 2021, the second biggest global polluter, to 51.5%, it added. Regions with the highest ecological threats are on average the least concerned about climate change, with only 27.4% of the Middle East and North Africa and 39.1% of South Asian respondents concerned about the risks. The findings come ahead of the next round of global climate talks when countries meet in Egypt in November for COP27. But despite the shrinking concern, the ecological bill of climate change is growing globally. "Negotiators at COP27 need to consider the ways in which climate change is exacerbating the impacts of ecological threats ... and how the international community can mitigate them," Steve Killelea, the founder of the Sydney-based institute, said.

☆ Europe’s energy crisis nears winter of discontent: podcast
▼ + stars: | 2022-10-18 | by ( Lisa Jucca | ) www.reuters.com time to read: 1 min

MILAN, Oct 18 (Reuters Breakingviews) - Germany, Italy and others have scrambled to replace Russian gas and pipeline attacks have become a concern. The Oxford Institute for Energy Studies’ Jack Sharples tells The Exchange podcast Europe must learn to live with less power. Next year may be even more challenging. Listen to the podcastFollow @LJucca on TwitterRegister now for FREE unlimited access to Reuters.com RegisterEditing by Oliver TaslicOur Standards: The Thomson Reuters Trust Principles. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

The "check your kids’ Halloween candy" meme, which first went viral in meme form in October 2014, parodies "a Halloween urban legend about people hiding needles and razors in candy before giving them out to trick-or-treaters," according to meme database Know Your Meme. We just found the Carina Nebula in a candy bar. No words," the LinkedIn official Twitter account wrote in an Oct. 11 tweet, featuring an image of a beach inside a candy bar. Arcade and restaurant Dave & Busters tweeted: "Be diligent and check your child’s candy this year, just found a finger trap shoved inside a candy bar. The Oklahoma Department of Wildlife Conservation joked it had found a slimier surprise in a candy bar.

☆ Juicy Marbles: Can a meat-free filet mignon convert carnivores?
▼ + stars: | 2022-10-12 | by ( Tom Page | ) edition.cnn.com time to read: +4 min

With its plant-based prime cut steak, Juicy Marbles thinks it’s mastered the art. The company has raised $4.6 million and its filet mignon was launched online in Europe and the United States earlier this year. It plans to begin selling in shops in the European Union, United States and United Kingdom in 2023. A cross section of a cooked Juicy Marbles filet mignon. Just 7% of the world’s soy — the main ingredient of Juicy Marbles’ product — is directly consumed by humans.

☆ Gene-editing companies are growing thanks to fast-paced science, even as biotech faces a downturn
▼ + stars: | 2022-10-12 | by ( Andrew Dunn | ) www.businessinsider.com time to read: +8 min

CRISPR companies are faring better by producing faster and more dramatic clinical results. A layoff tracker from Fierce Biotech counts at least 90 drug companies that have laid off staff in 2022. Gene-editing biotechs have avoided the brunt of the downturn because of fast clinical successIntellia Therapeutics is developing CRISPR-based gene-editing medicines that could cure diseases. Just in the past month, CRISPR Therapeutics moved into a swanky new headquarters in Boston that can house up to 1,000 people. BeamTo be sure, 2022 hasn't been smooth sailing for the CRISPR companies.

☆ CRISPR pioneer Feng Zhang is building a secretive new startup to solve gene-editing's biggest problem — getting into more parts of the body
▼ + stars: | 2022-10-12 | by ( Andrew Dunn | ) www.businessinsider.com time to read: +6 min

CRISPR pioneer Feng Zhang is building a new gene-editing startup, Insider has learned. CRISPR pioneer Feng Zhang is in the process of launching yet another ambitious gene-editing startup, backed by approximately $200 million from some of biotech's biggest investors, Insider has exclusively learned. Aera was incorporated in September 2021, shortly after Zhang's research was published in Science. Aera is at least the seventh startup Zhang has cofounded, joining a list that includes base-editing biotech Beam Therapeutics, CRISPR company Editas Medicine, and gene-editing startup Arbor Biotechnologies. While the ARC protein seems tailored for brain delivery, Zhang's suite of proteins could reach other organs, Shepherd said.

☆ See the 18-slide pitch deck Peachy, a digital health insurance platform targeted at millennials, used to raise $1.6 million
▼ + stars: | 2022-10-11 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +3 min

London-based Peachy has raised $1.6 million for its health insurance platform. The startup tailors its digital platform to millennials and aims to expand its services to SMEs. Check out the 18-slide deck used to raise the fresh funding. A startup that has created a digital health insurance platform for millennials and service workers has closed a $1.6 million seed round. Their backers included the likes of Dr Damien Marmion, ex-CEO of global insurance provider Axa Global Health, Eva Maria Barbosa, partner at global law firm Clyde and Co, and Sian Fisher, ex-CEO of the Chartered Institute of Insurers, among others.

☆ Goldman Sachs: These 40 stocks have the most upside right now as the early October market rally unwinds
▼ + stars: | 2022-10-09 | by ( James Faris | ) www.businessinsider.com time to read: +2 min

October is historically the most volatile month for stocks, so more market swings may be ahead. Goldman Sachs listed the 40 stocks with the highest upside, based on the firm's price targets. So far, October is living up to its reputation as the year's most volatile month for stocks. In an early October note, Goldman Sachs listed the 40 stocks that were the furthest below their analysts' price targets right now. Those targets imply that all of the stocks listed below have at least 50% upside as of September 30.

☆ Prime Medicine is gearing up for a $200 million IPO. We dug through the biotech's 282-page filing to find 5 key takeaways about the company's plan to commercialize gene editing.
▼ + stars: | 2022-09-28 | by ( Andrew Dunn | ) www.businessinsider.com time to read: +8 min

From an uncertain timeline to the clinic to a key patent, here are 5 takeaways from Prime's filing. The company's goal is to advance prime editing, a twist on CRISPR gene editing that could allow for a wider range of edits to DNA. Prime editing is another version of next-generation gene editing. Prime's filing comes in a difficult market for biotechs, but particularly for companies that have yet to start human testing. Jessica Rinaldi/The Boston Globe via Getty ImagesDavid Liu, a Harvard gene-editing scientist who co-invented base editing and prime editing, is currently Prime's largest shareholder.

But many campaigners believe King Charles III presents a unique opportunity: They think most royalism was actually fondness for the widely loved queen, and he — a new, less popular king — won't inherit this support. The English Civil War resulted in the beheading of King Charles I, before the "Glorious Revolution" saw English elites effectively choose a new monarch who gave lawmakers more rights. William, Prince of Wales, and Catherine, Princess of Wales, look at floral tributes to the queen at Sandringham Estate on Thursday. Some observers agree that Charles should be viewed in an entirely new light now that he is king. “The monarchy knows statesmanship is about knowing to give up what you can no longer keep,” she said.

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