Bernard Arnault -- who with his family now tops the wealth of Elon Musk -- gradually built LVMH into a global luxury empire by buying up iconic brands, sealing his reputation as a formidable and insatiable businessman.. LVMH -- the world's leading luxury group -- boasts more than 75 brands, acquired over time.
EU member states and parliamentarians on Sunday announced an agreement for a major reform to the bloc's carbon market, the central plank of its ambitions to reduce emissions and invest in climate-friendly technologies.. The commission first proposed the carbon market reform in July 2021 as part of plans to reduce the bloc's greenhouse gas emissions by at least 55 percent by 2030 compared with 1990 levels.
The former Rio de Janeiro governor accused of receiving huge bribes over construction work for the 2014 World Cup and the 2016 Olympics will soon be free after six years in prison, following a ruling by Brazil's highest court.. Cabral served as Rio governor from 2007 to 2014, years in which Brazil was picked to host both the 2014 World Cup and the 2016 Summer Olympic Games.
Germany on Saturday inaugurated its first liquefied natural gas (LNG) terminal, built in record time, as the country scrambles to adapt to life without Russian energy.. LNG terminals allow for the import by sea of natural gas which has been chilled and turned into a liquid to make it easier to transport.
Elon Musk said late Friday he would reinstate the Twitter accounts of several journalists who were suspended after he accused them of endangering his family.. Some of the journalists had reported on the affair, including tweets linking to the suspended @elonjet account, which Musk said amounted to offering "assassination coordinates" against him and his family.
Germany will on Saturday inaugurate its first liquefied natural gas (LNG) terminal, built in record time, as the country scrambles to adapt to life without Russian energy.. LNG terminals allow for the import by sea of natural gas which has been chilled and turned into a liquid to make it easier to transport.
It's not always easy to make sense of the complex environmental diplomacy taking place at a UN summit billed as humanity's last hope to save nature.. De Palma added they were in talks with North American museums to loan the artwork out after the UN summit concludes, and it will eventually return to Europe.
Widely blamed for ravaging Earth's ecosystems, big businesses are nevertheless being turned to as key players in a deal to save nature at the COP15 biodiversity conference.. - Measuring biodiversity impact - At COP15, a grouping of 330 businesses called Business for Nature is pushing for a uniform framework for all corporations to report their impacts and exposure.
The US Energy Department announced Friday a plan to add oil back to the Strategic Petroleum Reserve (SPR) after a historically large release undertaken by the Biden administration.. A Biden official said in October that the administration planned to purchase oil to refill the reserve as soon as prices hit around $67-72 a barrel.
US authorities opened a preliminary investigation into General Motors' Cruise autonomous driving program following sudden stop incidents, according to a notice seen Friday by AFP. The National Highway Traffic Safety Administration is reviewing two types of incidents that result in Cruise vehicles "becoming unexpected roadway obstacles," said the notice.. The review by NHTSA's Office of Defects Investigation covers around 242 vehicles and aims to determine the frequency of the incidents and their safety consequences.
