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Huge methane leak spotted in heart of China’s top coal hub

Bloomberg A massive plume of methane, the potent greenhouse gas that’s a key contributor to global warming, has been identified in China’s biggest coal production region. The release in northeast Shanxi province is one of the largest that geoanalytics company Kayrros SAS has so far attributed to the global coal sector and likely emanated from multiple mining operations. Details captured ...

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China’s Xi, Europe leaders plan talks as tensions flare

Bloomberg China’s Xi Jinping is expected to speak this week with Germany’s Angela Merkel and France’s Emmanuel Macron, people with knowledge of the matter said, as they attempt to keep human rights disputes from scuttling efforts at cooperation. The agenda for the joint video call between the leaders isn’t yet known, according to the people, who asked not to be ...

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Corporate France urges Macron to delay disputed pension reform

Bloomberg France desperately needs pension reform, just not right away. That’s the message for President Emmanuel Macron from a chorus of top business leaders, days before he’s set to announce whether he’ll attempt change before the 2022 election. “There’s already a great deal of worry and uncertainty. It would be a gamble to add more,” Stephane Richard, chief executive officer ...

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Germany’s Altmaier spurns French push for permanent EU debt

Bloomberg German Economy Minister Peter Altmaier poured cold water on a French proposal to give the European Union a lasting tool to raise common debt. France intends to push for a permanent mechanism on joint EU debt issuance to drive investment in innovation that member countries can’t finance on their own, according to Finance Minister Bruno Le Maire. The comments ...

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Job worries, poor mental health afflict pandemic-hit UK youth

Bloomberg Young people in the UK are emerging from the coronavirus crisis blighted by poor mental health and worried about their financial future, reports published on Monday warned. The separate analyses, by the Institute for Fiscal Studies and the Resolution Foundation, underscore the huge challenges facing millions in their late teens and early 20s as the country returns to normality ...

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European firms push up prices as supply disruptions lift costs

Bloomberg European companies are pushing up prices as supply disruptions lift costs and hamper their ability to match surging demand, according to executives gathered for a conference this weekend in southern France. The bosses of industrial firms, including tire company Michelin and construction materials producer Saint-Gobain, say they’re facing scarce supplies, transport bottlenecks and staff shortages in the wake of ...

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World’s first Warner Bros hotel on track to open in Abu Dhabi

Abu Dhabi / WAM Miral in collaboration with Warner Bros. Themed Entertainment on Sunday announced that The WB Abu Dhabi hotel is on track to open in 2021. With a design and concept inspired by the world-famous Warner Bros. brand, the hotel, developed with a total investment of $112 million, will complement the company’s commitment to diversifying Yas Island’s offerings ...

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Techniques developed at AUS labs give clean energy a boost

Sharjah / WAM A successful collaborative research study led by American University of Sharjah (AUS) has taken a significant step towards finding solutions to some of the problems facing fuel cell usage. Fuel cells, which are a clean, efficient and reliable source of power, have various applications and can be used to operate vehicles by producing electricity. Fuel cells run ...

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UAEU, MBZUAI discuss cooperation in various areas of research

Al Ain / WAM Zaki Anwar Nusseibeh, Cultural Advisor to the UAE President and Supreme President of UAE University (UAEU), received Professor Eric Xing, President of the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), and his delegation. The meeting was also attended virtually by Dr Tayyeb Zanaty, Dean of the College of Information Technology (CIT) at UAEU. During the ...

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India’s NTPC plans renewables IPO for huge clean energy push

Bloomberg State-run NTPC Ltd, India’s largest power generator, aims to take its renewables unit public to help fund a 2.5 trillion rupees ($34 billion) clean energy expansion, according to a company official with knowledge of the plans. The New Delhi-based producer wants to list its NTPC Renewable Energy Ltd unit in the next fiscal year, which begins in April 2022, ...

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