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  Bloomberg A plan to turn carbon dioxide into limestone — and sell it at a profit — is getting some high-profile backing as BP Plc signs a deal with a San Antonio chemical company that aims to transform greenhouse gas emissions from a liability to a commodity. Under the arrangement, BP and CarbonFree Chemicals Holdings LLC will collaborate to ...

  Bloomberg Europe’s industries and transportation systems waste so much heat that capturing the excess and reusing it could save consumers more than €67 billion ($71.3 billion), a Danish engineering company said. The surplus produced each year by factories, supermarkets, wastewater facilities, data centers and subways amounts to 2,860 terawatt-hours, nearly the same as the European Union’s total demand for ...

  Bloomberg The UK needs to advance its green finance agenda or risk falling behind as rivals pursue ambitious regulatory and subsidy programs, according to an expert panel advising the government. The nation’s Green Technical Advisory Group (GTAG) said the government should provide clarity to investors on what a green investment is through a so-called taxonomy. The UK’s rules should ...

  Bloomberg Alphabet Inc’s Google urged employees to discuss sensitive topics via chats that would be automatically deleted after 24 hours and the company should face penalties for failing to preserve records needed for an antitrust suit, Justice Department lawyers told a federal court. Google assured the government’s lawyers that it was maintaining all records starting in November 2019, according ...

  Bloomberg Beyond Meat Inc surged in late trading after reporting fourth-quarter sales that exceeded expectations and the plant-based meat maker showed progress towards its goal of becoming profitable. Fourth-quarter revenue of $79.9 million was above the average estimate of $75.7 million compiled by Bloomberg. It surpassed expectations in US sales to retailers and restaurants, as well as in international ...

Bloomberg China called for a ceasefire between Russia and Ukraine in a position paper on ending the war that offered some reprieve to Moscow but was quickly dismissed by Kyiv’s allies as the conflict enters its second year. Several of the 12 points outlined by China in the document would, if carried out, offer clear benefits to Russian President Vladimir ...

Bloomberg Poland sent its first four Leopard 2A4 battle tanks to Ukraine, a symbolic gesture to mark one year since Russia’s invasion as western allies rush to arm the embattled nation’s forces amid intensified Kremlin-ordered attacks. Prime Minister Mateusz Morawiecki announced during a visit to Kyiv that the delivery of the remaining batch of its 14 German-made combat vehicles will ...

  Abu Dhabi / WAM Adnoc Gas on Thursday announced the offer price range and the opening of the subscription period for its IPO on the Abu Dhabi Securities Exchange (ADX). The price range for the offering has been set between AED2.25 to AED2.43 per share, implying an equity value of $47.0 billion to $50.8 billion (AED172.7 billion to AED186.5 ...

  Abu Dhabi / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, said that the UAE-Azerbaijan economic and trade relations are witnessing steady development, noting that the value of their non-oil trade increased by over three times during the past five years. In a statement to the Emirates News Agency (WAM), Al Zeyoudi stated that ...

LATAKIA / WAM The UAE medical delegation, headed by Dr Salem Alfalasi, made a field tour and inspected the Martyr Major General Hamza Nofal National Hospital, the AlBasel Heart Hospital and the Maternity and Children Hospital in Latakia Governorate, Syria. During the visit, which is part of operation “Chivalrous Knight / 2”, the delegation was received by Dr. Hawazen Makhlouf, ...