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☆ X social media platform restores account of Navalny's widow, Yulia Navalnaya, after brief suspension
▼ + stars: | 2024-02-20 | by ( Sam Meredith | Www.Linkedin.Com In Samuelmeredith | ) www.cnbc.com time to read: +2 min

The X social media platform on Tuesday restored the account of Yulia Navalnaya, the widow of Russian opposition leader Alexei Navalny, after a brief suspension. X, formerly Twitter, said the site's defense mechanism against manipulation and spam had "mistakenly flagged" Navalnaya's account as violating its rules. "We unsuspended the account as soon as we became aware of the error, and will be updating the defense," X Safety said in a post on Tuesday. Navalny's Anti-Corruption Foundation had earlier tagged Elon Musk in a post to ask "exactly which rules were violated" by Navalnaya. Russia said on Monday that an investigation into Navalny's death is ongoing and has insisted "all due actions are being taken."

Persons: Yulia Navalnaya, Alexei Navalny, Alexei Navalny's, Navalny's, Elon, Kira Yarmysh, Vladimir Putin, Putin, Navalnaya Organizations: Munich Security, Corruption Foundation, Navalnaya, CNBC PRO Locations: Munich, Germany, Russia

☆ Russia says an investigation is underway into Navalny’s death, denies refusing to release his body
▼ + stars: | 2024-02-19 | by ( Sam Meredith | Www.Linkedin.Com In Samuelmeredith | ) www.cnbc.com time to read: +1 min

Navalny, 47, was a well-known figure in Russia and a vocal critic of Russian President Vladimir Putin. World leaders reacted with dismay and suspicion to the news, while Navalny's allies say the anti-corruption campaigner was likely murdered on Putin's orders. U.S. President Joe Biden said Friday that "Putin is responsible" for Navalny's death. "Make no mistake: Putin is responsible for Navalny's death ... What has happened to Navalny is yet more proof of Putin's brutality." Asked whether the Kremlin was interested in a proper probe into Navanly's death, Peskov replied, "Actions provided for by Russia's legislation are being taken."

Persons: Alexei Navalny, Navalny, Vladimir Putin, Navalny's, Dmitry Peskov, Putin, Joe Biden, Peskov Organizations: NBC Locations: Russia

☆ Deep-sea mining 'seems to be inevitable,' UN regulator says, as fight for critical minerals heats up
▼ + stars: | 2024-02-19 | by ( Sam Meredith | Www.Linkedin.Com In Samuelmeredith | ) www.cnbc.com time to read: +1 min

It's likely only a matter of time before scraping the ocean floor for valuable metals becomes a reality, according to the head of the International Seabed Authority, the U.N. regulator that oversees deep-sea mining. "That's the commercial driver and certainly there is vast resource potential in seabed minerals. "But the resource potential is absolutely there. His comments come as the ISA prepares to recommence talks on deep-sea mining in Kingston, Jamaica next month. The seabed watchdog's forthcoming session will seek to iron out a regulatory framework that, if adopted, would give the go-ahead to deep-sea mining on a commercial scale.

Persons: It's, Michael Lodge, recommence Organizations: Authority, ISA, CNBC, Lodge, European Union, The Locations: Brussels, Kingston , Jamaica, The U.S

☆ Jailed Putin opponent Alexei Navalny has died, Russian media says
▼ + stars: | 2024-02-16 | by ( Sam Meredith | Www.Linkedin.Com In Samuelmeredith | ) www.cnbc.com time to read: +1 min

Imprisoned Russian opposition politician Alexei Navalny has died, Russian state news agency Tass reported on Friday, citing the prison service of the Yamalo-Nenets region where he had been serving his sentence. The prison service reportedly said the cause of Navalny's death was still to be established. Alexey Navalny's spokesperson, Kira Yarmysh said in a Google-translated update on the X social media platform that "We don't have any confirmation of this yet. Navalny was one of Russian President Vladimir Putin's most vocal critics and had been serving a 19-year jail term. Navalny "felt unwell after a walk, almost immediately losing consciousness," Interfax reported, citing a statement from the office for the prison service of the Yamalo-Nenets region.

Persons: Alexei Navalny, Alexey Navalny's, Kira Yarmysh, Navalny, Vladimir Putin's Organizations: Court, CNBC, Department Locations: Moscow, Russian, Russia, Autonomous Okrug

☆ Insurance giant Swiss Re posts 580% jump in full-year profit, warns consumers about climate costs
▼ + stars: | 2024-02-16 | by ( Sam Meredith | Www.Linkedin.Com In Samuelmeredith | ) www.cnbc.com time to read: +1 min

Swiss Re CEO Christian Mumenthaler gestures during a session of the World Economic Forum (WEF) annual meeting in Davos on January 18, 2024. Insurance giant Swiss Re on Friday reported a sharp upswing in full-year profit, benefitting from what it described as an attractive market environment after a "batch of bad years." The Zurich-headquartered company posted full-year net profit of $3.2 billion, in line with expectations according to an LSEG-compiled consensus. Reinsurance refers to insurance for insurance companies. Looking ahead, Mumenthaler warned that the price of the climate crisis would soon be at the door of consumers for the first time.

Persons: Christian, Christian Mumenthaler, CNBC's, Mumenthaler Organizations: Swiss, Economic, Insurance, Swiss Re Locations: Davos, Zurich, Hurricane, Florida

☆ 'The holy grail’: Startup backed by a Nobel laureate vying for a breakthrough on hydrogen storage
▼ + stars: | 2024-02-15 | by ( Sam Meredith | Www.Linkedin.Com In Samuelmeredith | ) www.cnbc.com time to read: +4 min

Picture Alliance | Picture Alliance | Getty ImagesA California-based startup backed by two pioneering scientists, one of whom is a Nobel laureate, believes it is on the cusp of a "quantum leap" in the hydrogen energy race. H2MOF, which was co-founded in 2021, is working to develop a solution for hydrogen storage by deploying the latest advancements in the field of molecularly engineered materials. It says a breakthrough in what it regards as the greatest challenge facing the hydrogen economy is just a matter of time. I would say that in the next couple of years we should be able to make another quantum leap forward. "But I would say that in the next couple of years we should be able to make another quantum leap forward," Yaghi said.

Persons: Fraser Stoddart, Stoddart, Omar Yaghi, H2MOF, That's, Yaghi, H2MOF's, Allen J Organizations: Getty, H2MOF, CNBC, Hydrogen, Los Angeles Times Locations: Germany, California, United States, Japan, Australia, Fountain Valley

☆ U.S. 'very concerned' about China's dominance as a critical minerals supplier, energy chief says
▼ + stars: | 2024-02-14 | by ( Sam Meredith | Www.Linkedin.Com In Samuelmeredith | ) www.cnbc.com time to read: +1 min

U.S. Energy Secretary Jennifer Granholm on Wednesday said the country is "very concerned" about China's grip on the global supply chain for critical minerals. China is the undisputed leader in the critical minerals supply chain, accounting for roughly 60% of the world's production of rare earth minerals and materials. "It's one of the pieces of the supply chain that we're very concerned about in the United States. We do not want to be over reliant on countries whose values we may not share," Granholm told CNBC's Silvia Amaro on Wednesday when asked about China's dominance as a critical minerals supplier. "We know all countries want to ensure that we have a critical stockpile of critical minerals and that we are allowed to diversify the supplies of those stockpiles.

Persons: Jennifer Granholm, Granholm, CNBC's Silvia Amaro Organizations: Energy, Wednesday, International Energy, International Energy Agency Locations: China, United States, Paris, France, U.S, Australia, Canada

☆ Trump’s NATO comments stir up a political storm as Russia keeps quiet
▼ + stars: | 2024-02-12 | by ( Sam Meredith | Www.Linkedin.Com In Samuelmeredith | ) www.cnbc.com time to read: +4 min

Former U.S. president Donald Trump pictured during a meeting with NATO Secretary-General Jens Stoltenberg at Winfield House, London on Dec. 3, 2019. She added that the NATO alliance "allows us to prevent war." The defense spending target is not a requirement and many countries have sought to ramp up their military spending since Russia launched its full-scale invasion of Ukraine. NATO's so-called Article 5 mutual defense clause means that an attack against one NATO member is considered an attack against all allies. "NATO cannot be an 'a la carte' military alliance ... depending on the humor of the president of the U.S.," Borrell said when asked to respond to Trump's comments, Reuters reported.

Persons: Donald Trump, Jens Stoltenberg, NICHOLAS KAMM, Trump, …, Vladimir, Dmitry Peskov, Trump's, Joe Biden, Biden, Nikki Haley, Haley, Chris Christie, I've, Jake Sullivan, Dursun, Stoltenberg, NATO Ally, Josep Borrell, Borrell Organizations: U.S, NATO, Winfield House, AFP, Getty, Former, Statista, Russia, Reuters, Top, Democratic, Republican, South Carolina Gov, CBS, NBC News, US National Security, North Atlantic Council, Anadolu Locations: London, Former U.S, South Carolina, Russia, U.S, United States, Brussels, Belgium, Canada, France, Italy, Turkey, Ukraine, NATO's

☆ Ukraine's Zelenskyy takes one of his 'biggest gambles' yet by replacing top military commander
▼ + stars: | 2024-02-09 | by ( Sam Meredith | Www.Linkedin.Com In Samuelmeredith | ) www.cnbc.com time to read: +4 min

Metin Atkas | Anadolu Agency | Getty ImagesUkrainian President Volodymyr Zelenskyy is thought to have taken one of his "biggest gambles" yet by replacing his top commander in a dramatic military shake-up. Col. Gen. Oleksandr Syrskyi, one of Ukraine's most experienced commanders who had led the country's ground forces since 2019, was on Thursday appointed the new head of Ukraine's armed forces amid broader military leadership changes. It represents the most significant change to Ukraine's military leadership since Russia launched its full-scale invasion of the country nearly two years ago. In a post on social media platform X, Zelenskyy said he had taken the decision "to renew the leadership" of Ukraine's armed forces and thanked Zaluzhnyi for his two years of service. Urgent change," Zelenskyy said.

Persons: Volodymyr Zelenskyy, Ukrainian Land Forces Oleksandr Syrskyi, Andriy Yermak, Kharkiv Region Oleg Sinegubov, Metin, Gen, Oleksandr Syrskyi, Valeriy, Zelenskyy, Zaluzhnyi, Valerii Zaluzhnyi, Oksana Parafeniuk, Zelenskky, Zaluzhny, Peter Dickinson, Genya Savilov, Dickinson Organizations: Ukrainian Land Forces, Presidential, Military Administration, Anadolu Agency, Getty, Armed Forces, Staff of, Armed Forces of, Washington Post, Russia, Economist, Atlantic Council, Afp Locations: Izium, Kharkiv, Ukraine, Kharkiv Region, Zelenskyy, Russia, Armed Forces of Ukraine, Kyiv, Zelenskky, Ukrainian, Bakhmut, Donetsk

☆ World surpasses key warming threshold across an entire year for the first time
▼ + stars: | 2024-02-08 | by ( Sam Meredith | Www.Linkedin.Com In Samuelmeredith | ) www.cnbc.com time to read: +2 min

Scientists on Thursday said the world surpassed a key warming threshold across an entire year for the first time on record, calling to slash planet-warming greenhouse gas emissions. The findings do not represent a break of the landmark Paris Agreement, which aims to "limit global warming to well below 2, preferably to 1.5 degrees Celsius, compared to pre-industrial levels" over the long term. But the EU's climate monitor said the data reinforces the need to rapidly reduce greenhouse gas emissions in order to avoid the worst of what the climate crisis has in store. C3S also confirmed that the first month of 2024 was the warmest January on record, with an average surface temperature of 13.14 degrees Celsius — some 0.7 degrees Celsius above the 1991-2020 average and 0.12 degrees Celsius higher than the previous warmest January, logged in 2020. "Rapid reductions in greenhouse gas emissions are the only way to stop global temperatures increasing."

Persons: C3S, Samantha Burgess Locations: Perris , Riverside County , California, Paris

☆ Renewables giant Orsted exits several offshore wind markets, pauses dividend after turbulent year
▼ + stars: | 2024-02-07 | by ( Sam Meredith | Www.Linkedin.Com In Samuelmeredith | ) www.cnbc.com time to read: +1 min

Burbo Bank, Liverpool Bay, England, viewed from the sea turbines on Burbo wind farm off the UK coast. Danish renewables giant Orsted on Wednesday announced plans to cut jobs, pause its dividend payouts to shareholders and exit several offshore wind markets after a tumultuous year of rising costs. Orsted, the world's largest offshore wind developer, said it planned to take steps "to become a leaner and more efficient" organization following a year marked by "substantial challenges." Nipper said the company's financial results had been "adversely affected" by impairments on U.S. offshore projects taken in the third quarter of 2023. Orsted canceled two major offshore wind farm projects in the U.S. late last year, citing high inflation, rising interest rates and supply chain bottlenecks.

Persons: Ørsted, Mads Nipper, Nipper, Orsted Organizations: Burbo Bank, Wednesday, Orsted Locations: Liverpool Bay, England, Danish, Norway, Spain, Portugal, London, Copenhagen, U.S

☆ Trump-admiring populist Milei lashes out at Argentina's governors after major reform bill setback
▼ + stars: | 2024-02-07 | by ( Sam Meredith | Www.Linkedin.Com In Samuelmeredith | ) www.cnbc.com time to read: +2 min

Argentina's President Javier Milei accused governors of seeking "to destroy" his sweeping economic reform bill, shortly after his ruling party abruptly withdrew the package from the floor of the country's lower house. The so-called "omnibus" bill, which had received support in general terms from opposition lawmakers last week, was rejected on Tuesday during an article-by-article approval process. The package of measures is a core tenet of Milei's push to reform Latin America's third-largest economy. Among other issues, the bill seeks to privatize state entities, increase penalties for social protests and scale back some environmental protections. Milei's Libertad Avanza party has pledged to send the bill back to committees to be debated when governors "understand that it is the people who need it, not the government."

Persons: Javier Milei, Jimena Blanco, Verisk Maplecroft Organizations: National, CNBC Locations: Argentina, Buenos Aires, Americas

☆ Oil major BP accelerates pace of share buybacks even as full-year profit slides over 50%
▼ + stars: | 2024-02-06 | by ( Sam Meredith | Www.Linkedin.Com In Samuelmeredith | ) www.cnbc.com time to read: +1 min

Analysts had anticipated net profit of $13.9 billion for full-year 2023, according to an LSEG-compiled consensus. BP posted fourth-quarter net profit of nearly $3 billion, beating analyst expectations of $2.6 billion. BP increased the pace of its share repurchases, announcing intentions to execute a $1.75 billion share buyback prior to reporting first-quarter results. The company said it was committed to announcing a $3.5 billion share buyback for the first half of the year. British rival Shell on Thursday reported stronger-than-anticipated full-year profits, announcing a 4% increase to its dividend and a fresh $3.5 billion share buyback program.

Persons: Murray Auchincloss Organizations: BP, Analysts, Shell Locations: London

☆ Bill Gates and Jeff Bezos-backed startup discovers large-scale copper deposit in Zambia
▼ + stars: | 2024-02-05 | by ( Sam Meredith | ) www.cnbc.com time to read: +2 min

KoBold Metals, a California-based metals exploration company backed by billionaires including Bill Gates and Jeff Bezos, said that it has discovered a vast copper deposit in Zambia. A spokesperson for KoBold Metals told CNBC on Monday that the company believes its Mingomba copper project in Zambia "will be one of the world's biggest high-grade large copper mines." "It is Kakula-scale in size and grade," KoBold Metals President Josh Goldman said in a statement shared on the firm's social media site X. Ivanhoe Mines, a Canadian mining company founded by billionaire magnate Robert Friedland, owns nearly 40% of the Kamoa-Kakula copper mine. KoBold Metals says it uses artificial intelligence to create a "Google Maps" of the Earth's crust to help find new deposits of copper, lithium, cobalt and nickel.

Persons: Bill Gates, Jeff Bezos, Josh Goldman, Robert Friedland, Andreessen Horowitz, Ray Dalio, Virgin Group's Richard Branson, Alibaba's Jack Ma Organizations: KoBold Metals, CNBC, Democratic, Ivanhoe Mines, KoBold, BHP, Breakthrough Energy, Bridgewater Associates Locations: Victoria, Zambia, Zimbabwe, Livingstone, California, Democratic Republic of the Congo, Canadian, Norwegian

☆ Climate activist Greta Thunberg cleared of public order offense during London oil protest
▼ + stars: | 2024-02-02 | by ( Sam Meredith | ) www.cnbc.com time to read: +1 min

LONDON — Swedish climate activist Greta Thunberg on Friday was cleared of a public order offense over a protest at an oil and gas conference in October. Oil executives had been meeting inside the hotel on the first day of the Energy Intelligence Forum, formerly known as the Oil and Money conference. Thunberg appeared at London's Westminster Magistrates' Court this week alongside two Fossil Free London protesters and two Greenpeace protesters. All five defendants pleaded not guilty after being accused of breaching Section 14 of the Public Order Act 1986 by failing to move their protest to a designated area. The judge in the London court ruled she had no case to answer, and also acquitted the other defendants.

Persons: Greta Thunberg, Thunberg, John Law Organizations: LONDON, InterContinental, Lane, Fossil Free, Greenpeace . Oil, Energy Intelligence Forum, Westminster, Greenpeace, Reuters Locations: Fossil Free London, London

☆ ‘Massive for the sport’: Lewis Hamilton’s blockbuster move to Ferrari hailed as a major coup for F1
▼ + stars: | 2024-02-02 | by ( Sam Meredith | ) www.cnbc.com time to read: +1 min

Former Formula One drivers believe Lewis Hamilton's blockbuster move to one of the most iconic teams in motorsport represents a major coup for the auto racing league. Mercedes on Thursday confirmed that the seven-time world champion will join Ferrari in 2025 after activating a release option in his contract. An extraordinary run of success has since dried up, however, and Hamilton has not won a race since the Saudi Arabia Grand Prix in Dec. 2021. Ferrari , meanwhile, released a short statement saying the team was "pleased" to announce Hamilton would join on a multi-year contract. The news sent shockwaves through F1, with 2009 world champion Jenson Button saying he'd also been taken by surprise.

Persons: Lewis Hamilton of, Mercedes, Lewis, Toto Wolff, Hamilton, Ferrari, Jenson Button, he'd Organizations: Mercedes, Abu, Yas Marina Circuit, United, United Arab Emirates, Former Formula, Ferrari, Hamilton, Saudi Arabia, Prix Locations: Lewis Hamilton of Great Britain, Abu Dhabi, United Arab, Saudi

☆ Oil giant Shell posts full-year profit beat, announces $3.5 billion share buyback
▼ + stars: | 2024-02-01 | by ( Sam Meredith | ) www.cnbc.com time to read: +2 min

British oil giant Shell on Thursday beat expectations for full-year profit, announcing a 4% increase to its dividend and a $3.5 billion share buyback program. Shell reported adjusted earnings of $28.25 billion for the full-year 2023, a 29% drop compared to its highest-ever annual profit of $39.9 billion the year prior. Analysts had expected Shell's full-year 2023 net profit to come in at $27.5 billion, according to an LSEG-compiled consensus. Shell announced a 4% increase in dividend per share for the fourth quarter and said a share buyback program of $3.5 billion will be carried out over the next three months. The firm added it had now completed another $3.5 billion of share buybacks announced in November last year.

Persons: Shell, Wael Sawan, Sawan, Brent Organizations: Shell, Brent, U.S, West Texas Intermediate, Exxon Mobil, Chevron, BP Locations: Nakuru, Kenya, British, London, Singapore

☆ Formula 1 star Lewis Hamilton to leave Mercedes and join Ferrari in shock move: Reports
▼ + stars: | 2024-02-01 | by ( Sam Meredith | ) www.cnbc.com time to read: +2 min

Lewis Hamilton of Mercedes ahead of the Formula 1 Abu Dhabi Grand Prix at Yas Marina Circuit in Abu Dhabi, United Arab Emirates on November 26, 2023. Seven-time Formula 1 world champion Lewis Hamilton is on the cusp of a surprise move from Mercedes to Ferrari for the 2025 season, according to multiple media reports. Hamilton first signed with Mercedes in 2013 and went on to win six of his seven world titles with the team between 2014 and 2020. If Hamilton were to leave Mercedes for Ferrari, it is reported he would likely replace Ferrari's Carlos Sainz given that his teammate, Charles Leclerc, recently signed a fresh contract extension. The start of the next Formula 1 season gets underway in Bahrain from Feb. 29.

Persons: Lewis Hamilton, Mercedes, Hamilton, it's, Toto Wolff, Ferrari's Carlos Sainz, Charles Leclerc Organizations: Abu, Prix, Yas Marina Circuit, United, United Arab Emirates, Ferrari, Sky Sports, BBC Sport, ESPN, CNBC, Mercedes, Hamilton Locations: Abu Dhabi, United Arab, Bahrain

☆ Norway's giant wealth fund touts possibility of Novo Nordisk, Eli Lilly joining the trillion-dollar club
▼ + stars: | 2024-01-31 | by ( Sam Meredith | ) www.cnbc.com time to read: +1 min

A pharmacist displays boxes of Ozempic, a semaglutide injection drug used for treating type 2 diabetes made by Novo Nordisk, at Rock Canyon Pharmacy in Provo, Utah, U.S. March 29, 2023. Norway's giant wealth fund, the world's largest, touted the possibility that Danish drugmaker Novo Nordisk and U.S. rival Eli Lilly could be on course to become the first healthcare members of the trillion-dollar club. Novo Nordisk, Europe's largest firm by market capitalization, on Wednesday reported stronger-than-anticipated 2023 earnings, as sales of its hugely popular drug Wegovy continued to soar. The largest pharmaceutical company in the world by market value, Eli Lilly currently stands at roughly $612 billion. NBIM, the world's biggest single stock market investor, holds a 2.5% stake in Novo Nordisk and a 0.98% stake in Eli Lilly, according to LSEG data.

Persons: Eli Lilly, Wegovy, Gemma Game, Eli Lilly's Zepbound Organizations: Novo Nordisk, Pharmacy, Norges Bank Investment Management, Nordisk's Ozempic Locations: Provo , Utah, U.S, Danish, Europe's

☆ World's largest sovereign wealth fund posts record $213 billion profit, boosted by tech stocks
▼ + stars: | 2024-01-30 | by ( Sam Meredith | ) www.cnbc.com time to read: +2 min

Norway's giant sovereign wealth fund on Tuesday reported record profit of 2.22 trillion kroner ($213 billion) in 2023, supported by robust returns on its investments in technology stocks. "Despite high inflation and geopolitical turmoil, the equity market in 2023 was very strong, compared to a weak year in 2022," Nicolai Tangen, chief executive of Norges Bank Investment Management, said in a statement. Norway's sovereign wealth fund, the world's largest, was established in the 1990s to invest the surplus revenues of the country's oil and gas sector. Last year, Norges Bank Investment Management said its return on equity investments was 21.3%, its return on fixed income investments came in at 6.1%, while investments in unlisted real estate returned -12.4%. The fund said a negative year for its unlisted real estate investments was due to rising interest rates and subdued demand.

Persons: Nicolai Tangen, Norges Bank Investment Management's Tangen Organizations: Fund, Norges Bank Investment Management, Technology, Norges Bank Investment Locations: America, China

☆ One activist investor is taking on BP, urging the oil giant to scale back green pledges
▼ + stars: | 2024-01-30 | by ( Sam Meredith | ) www.cnbc.com time to read: +2 min

And on that front, we are not asking BP to renege on its strategy, but to adapt its strategy to the reality." Auchincloss has since been appointed as permanent CEO of the British oil and gas major. In response to the publication of the letter, a spokesperson for BP said the company "welcomes constructive engagement" with its shareholders. We continue to make significant progress, remain focused on delivery, and are confident the strategy will grow the value of bp and deliver sustainable long-term value for shareholders," BP said. Bivona declined to disclose Bluebell's stake in BP, saying that it was below a reporting threshold.

Persons: Giuseppe Bivona, Bivona, CNBC's, Bivone, Marco Taricco, Helge Lund, Murray Auchincloss, Auchincloss Organizations: Capital Partners, BP, Financial, Danone Locations: Bluebell, London

☆ Norway defends deep-sea mining, says it may help to break China and Russia's rare earths stronghold
▼ + stars: | 2024-01-29 | by ( Sam Meredith | ) www.cnbc.com time to read: +7 min

Ocean Rebellions protest The Deep Sea Says No Why the deep sea? (Photo by Charles M. Vella/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty ImagesNorway says its controversial decision to approve deep-sea mining is a necessary step into the unknown that could help to break China and Russia's rare earths dominance. "We have been looking into the seabed minerals opportunity for a long time. Campaigners fear that exploration and exploitation activities in the deep sea could permanently alter a home that is unique to known — and many as yet unknown — species. "The argument put forward by the Norwegian government — and the deep-sea mining industry — that 'deep-sea mining can be done in a sustainable way' goes against the large consensus of scientific literature," Roux said.

Persons: Luciana, Charles M, Anne, Sophie Roux, Terje Aasland, Aasland, Arild Hermstad, Camille Etienne, Lucas Bravo, Javad Parsa, Norway's Aasland, Roux, — Organizations: SOUTH, Getty, IEA, Energy, CNBC, Afp, European Commission, Ocean Alliance, Lightrocket Locations: ROTTERDAM, SOUTH HOLLAND, NETHERLANDS, Norway, China, Europe, Russia, Norwegian, Vietnam, Brazil, Svalbard, French, Oslo

☆ 'Biggest, baddest ship on the planet': World's largest cruise ship stokes environmental concerns
▼ + stars: | 2024-01-29 | by ( Sam Meredith | ) www.cnbc.com time to read: +1 min

Royal Caribbean's Icon of the Seas, the world's largest cruise ship, heads to the dock during its first arrival into PortMiami on Jan. 10, 2024. The world's largest cruise ship set sail from Miami, Florida over the weekend, embarking on a seven-day island-hopping trip through the tropics for its maiden commercial voyage. Onlookers gathered Saturday as Royal Caribbean International's behemoth — named the Icon of the Seas — left the Port of Miami to great fanfare. At a briefing earlier in the month, Royal Caribbean Group CEO Jason Liberty described the Icon of the Seas as the "biggest, baddest ship on the planet." The launch of the giant floating resort has sparked renewed concerns about the environmental impact of cruise tourism.

Persons: —, Jason Liberty Organizations: Port, Royal Caribbean Locations: PortMiami, Miami , Florida, Caribbean, Port of Miami

☆ Messi's new Inter Miami soccer jersey replaces crypto firm logo with cruise operator icon
▼ + stars: | 2024-01-25 | by ( Sam Meredith | ) www.cnbc.com time to read: +1 min

Benjamin Cremaschi #30, Lionel Messi #10 and Luis Suarez #9 of Inter Miami CF unveil new jerseys during the Royal Carribean & Inter Miami CF Launch Event on January 23, 2024 in Miami, Florida. Argentinian superstar Lionel Messi and his teammates at Major League Soccer's Inter Miami will wear the icon of Royal Caribbean International on their jerseys for the upcoming campaign, replacing crypto investment firm XBTO as the club's main sponsor. In a statement published Tuesday, Royal Caribbean International announced it would soon "make its mark front and center" on the Inter Miami's team's soccer jerseys. The sponsorship deal is likely seeking to harness Messi's popularity ahead of the eight-time Ballon d'Or winner's second season at Inter Miami. Alongside partnering with Hard Rock International for a "Milanese style" chicken sandwich, Messi recently helped Royal Caribbean International to launch its enormous "Icon of the Seas" ship.

Persons: Benjamin Cremaschi, Lionel Messi, Luis Suarez, Jason Liberty, Messi Organizations: Inter Miami CF, Royal, Inter Miami, Major League Soccer's Inter Miami, Royal Caribbean International, Inter Miami's, Royal Caribbean Group, Hard, International Locations: Miami , Florida, Florida, South Florida

☆ A nationwide strike in Argentina poses major test to Milei’s economic ‘shock therapy’
▼ + stars: | 2024-01-24 | by ( Sam Meredith | ) www.cnbc.com time to read: +2 min

Argentina's largest labor union grouping on Wednesday is expected to hold a nationwide general strike to protest President Javier Milei's shock economic agenda. The strike represents a significant test for Milei, who has announced sweeping measures to deregulate Latin America's third-largest economy. "The general strike is more of a political test for the labour unions than for Milei," Jimena Blanco, head of Americas at risk consultancy Verisk Maplecroft, told CNBC via email. "Regardless of attendance, the strike caters to the unions' own support base and, at this stage, is not representative of wider social sentiment. However, it has the potential to grow in the future as the impacts of the economic shock plan become palpable."

Persons: Javier Milei, Javier Milei's, del Trabajo, Jimena Blanco, Verisk Maplecroft Organizations: Economic, Analysts, CNBC Locations: Davos, Switzerland, Argentina, Americas

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