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UN experts call for global system to trace critical minerals
UN experts called Wednesday for the creation of a global system to trace the extraction and production of critical minerals that are needed in the transition away from fossil fuels. And, with the IEA fearing global supplies of such minerals are running out, the UN experts also called for investment in innovation and recycling to reduce the quantities needed.
Canada tourism fears bigger, badder wildfires coming
Images of towering wildfires tearing through forests and leaving a national park in cinders have kept many tourists away, putting one of Canada's top industries on edge. "When we see media headlines in other countries that say Canada is on fire, that's a challenge for us," said Beth Potter, head of Canada's tourism industry association.
Iran president deepens Iraq ties on first foreign trip
Iran and Iraq on Wednesday signed more than a dozen agreements to deepen already strong ties as Masoud Pezeshkian visited Baghdad on his first foreign trip as president of the Islamic republic.
Afghanistan says to begin work on huge gas pipeline
Afghanistan said Wednesday work would begin on a $10 billion gas pipeline traversing South Asia as officials joined dignitaries in neighbouring Turkmenistan to celebrate its completion on that side of the border.
US consumer inflation eases more than expected in August
US consumer inflation eased more than expected last month, according to government data published Wednesday, bolstering expectations that the Federal Reserve will cut interest rates next week.
UK economy stalls, dealing blow to new government
Britain's economy stalled again in July, official data showed Wednesday, dealing a blow to the new Labour government that has put growth expansion at the top of its priority list. Analysts had predicted a slight uplift in growth for July, while previous data showed the UK economy grew at a slightly slower pace in the second quarter compared with the first.
Amazon to invest £8 bn in UK in boost for new Labour govt
US tech giant Amazon is to invest £8 billion ($10.5 billion) in Britain over the next five years, creating thousands of jobs via its web services arm, the company and UK government announced Wednesday. "I am determined to go further so we can deliver on our mandate to create jobs, unlock investment and make every part of Britain better off.
UniCredit takes stake in Commerzbank, fuelling tie-up talk
Commerzbank shares soared Wednesday after Italian bank UniCredit acquired a nine-percent stake in Germany's second-biggest lender, half of it from the German state, fuelling speculation about a potential takeover.
Nigeria's Dangote refinery caught between promise and reality
When will gasoline from Nigerian tycoon Aliko Dangote’s mega-refinery finally flood the home market? - 'Market realities' - The other big question is how much Dangote’s petrol will cost Nigerians.
AFP
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