Energy majors are exaggerating their green credentials in public messaging while continuing to allocate the majority of new investment to oil and gas projects, according to an industry analysis released Thursday.. The analysis found that 62 percent of TotalEnergies' communications mentioned green activities, while it planned to allocate 25 percent of 2022 capital expenditure on low-carbon projects.
Apple launched new smartphones Wednesday at prices similar to recent models despite inflation and supply chain woes, while unveiling a premium digital watch with a price tag to match.. The company's newest smartphone, the iPhone 14, costs $799 for the base model -- the same price as the current version, while a premium iPhone 14 Pro Max will go for $1,100.
The departure of a shipment of reprocessed nuclear fuel from France to Japan has been delayed due to the breakdown of loading equipment, a French nuclear technology company announced Wednesday.. But French nuclear technology group Orano, which is handling the transport, said Wednesday that the breakdown of one of its lifting gantries had prevented the loading of one of the two packages.
Reality TV star-turned-entrepreneur Kim Kardashian announced Wednesday she is branching into a new business arena with the launch of a private equity firm co-founded with a former partner at industry giant Carlyle.. "I'm pleased to announce the launch of @SKKYPartners with private equity veteran Jay Sammons as co-founder and co-managing partner," Kardashian wrote on Twitter.
Britain's Cineworld, the world's second biggest cinema chain, announced Wednesday that it has filed for bankruptcy protection in the United States as it seeks to restructure after facing low audience numbers.. The group, which operates hundreds of movie theatres in the United States, said in a statement that it filed for Chapter 11 at a bankruptcy court in Texas.
At her first parliamentary grilling as British prime minister, Liz Truss on Wednesday confirmed plans to stem huge rises in the cost of energy that threaten to plunge her new government into a winter of discontent.. On the eve of Truss's energy plan announcement, the British pound slumped to its lowest dollar level since 1985, tanking to $1.1406 at about 1400 GMT. Along with the urgent issue of energy prices, Truss's government must also navigate the combustible problem of post-Brexit trading arrangements in Northern Ireland.
A US judge permitted Elon Musk to amend his complaint against Twitter on Wednesday, but rejected delaying the lawsuit over the disintegration of the billionaire's deal to acquire the social media company.. Musk has said he canceled the deal because he was misled by Twitter concerning the number of bot accounts on its platform, allegations rejected by the company.
A steep drop in imports, especially of consumer goods, narrowed the US trade deficit in July to its lowest level since October, the government reported Wednesday.. The overall trade deficit fell by more than $10 billion to $70.6 billion compared to June, almost entirely due to the decline in imports, the report said.
Finnish airline Finnair unveiled Wednesday a new strategy to cut costs, including trimming its fleet, as the closure of Russian air space erodes profitability.. "Following Russia's invasion of Ukraine and the subsequent closure of Russian air space, flight times to Finnair's Asian destinations are now considerably longer, weakening the profitability of the company," the airline said.
Digital investigators from the Bellingcat group have spent eight years exposing the lies of the powerful and gathering evidence of their crimes – work that has a grave human cost, the organisation's chief told AFP in an interview.. Grozev said one approach uses journalistic methods to debunk false information, the other is more judicial, gathering evidence of war crimes for eventual use in the courts.
