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Clean energy largest driver of Chinese GDP growth in 2023: report
Clean-energy projects were the largest driver of China's economic growth in 2023, with Beijing investing nearly as much in decarbonisation infrastructure as total global investment in fossil fuels, according to a report released Thursday. These sectors received $890 billion in investment, almost as much as the total global investment in fossil fuels last year, CREA researchers said.
Tesla sees slower 2024 volume growth as earnings miss estimates
Tesla reported lower fourth-quarter operating profits despite higher revenues Wednesday, following a series of auto price cuts as Elon Musk's electric vehicle giant warned of slower volume growth in 2024. Shares of Tesla fell after the company's earnings per share and revenues both missed analysts expectations in the fourth quarter, and it offered a sobering outlook for 2024 auto volumes.
Brazil town still feels trauma of mine dam collapse five years on
Nathalia de Oliveira, an intern at Brazilian mining giant Vale in the town of Brumadinho, was talking on the phone with her husband when she noticed a rush of birds overhead and felt the ground shake. Little remains of the once bustling neighborhoods around the mine in Brumadinho, an iron-belt town of 40,000 people.
Spurs tycoon Lewis pleads guilty to insider trading: prosecutor
The billionaire British former owner of Premier League side Tottenham Hotspur, Joe Lewis, pleaded guilty to insider trading in a US federal court on Wednesday, a prosecutor said. His holding company ENIC bought a controlling interest in Tottenham Hotspur Football Club in 2001 from then-owner Alan Sugar, another prominent British tycoon, for $22 million.
Biden wins US auto union backing, in boost against Trump
US President Joe Biden won the coveted election endorsement of America's biggest car workers union Wednesday, in a major boost to his battle with Donald Trump for the crucial blue-collar vote. Democrat Biden has relentlessly courted the union vote and appeared on a United Auto Workers (UAW) picket line last year during a strike against the big three US car giants.
Amazon tightens police access to Ring camera video
Amazon on Wednesday said it will stop letting police directly ask people for video from the company's Ring doorbell or home security cameras. Ring launched the Neighbors app in 2017, giving people using its home security cameras a way to share videos of thieves stealing delivered packages or stray pets passing by.
'Literally the plot of the movie': Fans outraged by Barbie snubs
The announcement of Oscar nominations always generates a bit of buzz, with fans weighing in on which movies and which actors deserved recognition and didn't get it.
EU rules have failed to cut car C02 emissions: report
Bigger, more-powerful cars have negated the impact of tighter CO2 emissions regulations in the EU, a report by the bloc's internal auditor found Thursday.
Sobering news: French winemakers go teetotal
Orders for Coralie de Bouard's alcohol-free red wine have been gushing in since the Qatari owners of Paris Saint-Germain football club asked her to come up with a teetotal tipple for them.
AFP
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