Bloomberg With liquefied natural gas (LNG) prices reeling from the triple whammy of a mild winter, rising supply and China’s hobbled economy, Japan may be about to land another blow. Electricity consumption, the biggest outlet for LNG in the world’s top importer of the fuel, is expected to drop after Prime Minister Shinzo Abe’s shock announcement urging schools to shut ...
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Australia state touts 10-year proposal to export hydrogen
Bloomberg Tasmania will invest $33 million to build a renewable hydrogen industry, as the island state plots a course to commercial exports of the clean fuel by 2030. Australia’s smallest state seeks to benefit from its abundance of hydropower generation and the falling cost of large-scale production from renewables to make emissions-free hydrogen for export to Asia. Hydrogen projects are ...
Read More »Johnson ready to block sports events if virus takes hold
Bloomberg UK Prime Minister Boris Johnson will unveil a suite of emergency measures to tackle coronavirus after he was criticised for not doing enough to prepare for the spread of the disease. Schools could be closed and sports and music events cancelled if needed to protect the public, Johnson told the BBC. He was expected to appear alongside Chief Medical ...
Read More »Trump tells drug makers ‘get it done’ on virus treatments
Bloomberg President Donald Trump sought to show his personal engagement in the fight against coronavirus, meeting with drug company executives to elicit promises of new medicines and announcing he’ll visit federal health agencies later in the week. At the White House meeting, executives from Gilead Sciences Inc, Johnson & Johnson, GlaxoSmithKline Plc, Sanofi, Pfizer Inc and other manufacturers told Trump ...
Read More »VW takes EV push global with plans for new SUV
Bloomberg Volkswagen AG unveiled a prototype for a battery-powered SUV to flank its ID.3 hatchback later this year and play a key role in strengthening the German manufacturer’s global push into electric cars. The marque’s first fully-electric SUV — dubbed ID.4 —is set to help take output of battery-powered vehicles to as many as 1.5 million cars by 2025, the ...
Read More »Twitter advises its 5,000 global employees to work from home
Bloomberg Twitter Inc is “strongly encouraging†its almost 5,000 global employees to work from home due to concerns over the spread of the Covid-19 coronavirus, the company said. The social media company made the suggestion as part of a blog update one day after it suspended all non-critical travel for workers, including pulling out of the South by Southwest conference ...
Read More »Musk backs Dorsey after activist clash
Bloomberg Elon Musk gave a public sign of support for Twitter Inc co-founder and Chief Executive Officer Jack Dorsey after an activist investor called for changes at the company including possibly replacing its leader. “Just want say that I support @jack as Twitter CEO. He has a good heart,†Musk tweeted, using a heart emoji in place of the word. ...
Read More »UK’s wettest-ever February is turning farm fields into lakes
Bloomberg British farmer Richard Bramley should be about to plant barley and sugar beet on his land near York. Instead, he’s watching the waves roll over his flooded fields. Bramley, like other growers across the UK, had been hoping to catch a break after heavy rains spoiled grain plantings late last year. But the wettest-ever February has submerged fields, making ...
Read More »Russian bombings were war crimes in Syria, says UN probe
Bloomberg Russia’s military conducted “indiscriminate†bombardments against civilians in Syria last year, and human rights violations in the nine-year-old conflict continue to multiply, according to a United Nations panel investigating the conflict. In one attack last year, Russian airstrikes targeted a compound of displaced civilians in a rural area that was surrounded by agricultural fields in southern Idlib, according to ...
Read More »New Malaysia leader vows to fight graft
Bloomberg Malaysia’s new Prime Minister Muhyiddin Yassin has pledged to fight corruption and strengthen governance, saying he is no traitor but stepped in to save the country from political turmoil. “I know there are those who are angry with me,†he said in his first televised address to the nation as prime minister. “As expected, there are parties who called ...
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