AFP
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Sacred cow: coal-hungry India eyes bioenergy to cut carbon
Venerated as incarnations of Hindu deities, India's sacred cows are also being touted as agents of energy transition by a government determined to promote biogas production to cut its dependence on coal.
Facing Trump's return, EU confronts economic challenges
Confronted with the return of Donald Trump, EU leaders on Friday are set to commit to deeply reform Europe's economy and tackle challenges highlighted by a blockbuster report. But Friday's talks only kickstart the conversation and concrete proposals are expected to come months later, with implementing reforms set to take even longer.
US Fed chair says will not leave early if asked by Trump
US Federal Reserve Chair Jerome Powell said Thursday that he would not resign if asked to leave early by President-elect Donald Trump. If he wanted to, Powell could stay on as a governor after he steps down as Fed chair, and serve out the remainder of his term, which expires in early 2028. da/sms
What will Trump 2.0 mean for US tech?
What will Donald Trump's second stint in the White House mean for a US tech industry in the throes of an artificial intelligence frenzy? An early target of Trump's attention could be the executive order from President Joe Biden on regulating artificial intelligence.
Ex-banker and Scholz ally: Germany's new finance minister
Joerg Kukies, Germany's new finance minister, is a former investment banker who has long been one of Chancellor Olaf Scholz's closest advisers, most recently as a state secretary. But in spite of the huge pay cut, he stayed -- and three years later, when Scholz became chancellor, switched to being an economic adviser in the chancellery.
German big business calls for early vote, economic vision
German big business groups demanded almost in unison Thursday that embattled Chancellor Olaf Scholz call elections soon to restore political stability in Europe's stuttering top economy. Hours after the world learnt that Donald Trump, a strong proponent of tariffs, is headed back to the White House, German Chancellor Olaf Scholz's ruling coalition imploded.
Waste heat from London sewers eyed to warm UK parliament
London landmarks including the UK parliament could be warmed by low-carbon heat powered by the River Thames, the London Underground train system and even the sewer network under new government plans.
Bank of England cuts interest rate as inflation slows
The Bank of England on Thursday said it was cutting its key interest further after UK inflation hit a three-year low and signalled more reductions, easing pressure on borrowers. Sweden's central bank slashed borrowing costs by 0.5 basis points Thursday -- its fourth this year and biggest reduction in a decade -- while Norway made no change.
French parliament approves bill to rein in tourist rentals
The French parliament on Thursday approved a bill aimed at tightening the regulation of tourist accommodation such as Airbnb to combat the shortage of affordable housing. The bill -- the result of a compromise between the two houses of French parliament -- had been unanimously approved by the upper house Senate on Tuesday.
AFP
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