July, 2020

• 9 July

  French firms find greener way to make hydrogen

  

  Bloomberg As the European Union launches a new push to make hydrogen one of the clean fuels of the future, two French industrial giants say they’ve found the right project to rapidly scale up the nascent industry. Engie SA and Air Liquide SA want to build solar farms big enough to power 450,000 homes in France’s sun-drenched Provence region, with ...

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• 9 July

  Japan plans to link coal-power with green goals

  

  Bloomberg The Japanese government was expected to finalise a policy review on Thursday that sustains some support for new overseas coal-power projects, according to people with knowledge of the situation. In a concession to climate-change concerns, the new policy will include for the first time a requirement that recipient countries commit to long-term “decarbonisation” plans, according to the people, who ...

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• 9 July

  Energy Transfer vows to keep pipeline open after court order

  

  Bloomberg Two days after a judge ordered the controversial Dakota Access oil pipeline to shut by early August, its owner Energy Transfer LP is continuing to schedule shipments and has made no moves to take it offline. The Dallas-based company run by billionaire Kelcy Warren said that it’s not currently emptying the pipeline and, in fact, is accepting requests for ...

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• 9 July

  Coal, oil, gas don’t just burn to cause climate change

  

  Bloomberg Discussions about how to fight climate change almost always conclude with a lament over the “lack of political will.” It’s as if the roadblock preventing these clean-tech visions and white-paper dreams from becoming market-driven reality is an irrational, unforeseen hiccup. That’s a comforting fallacy. The lack of political will is the whole point: Climate change is a problem caused ...

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• 9 July

  A calm running mate for calmer days in US

  

  Today’s racial turmoil, which was detonated by a Minneapolis instance of lethal police behavior towards an African American, is more serious than any since 1992. Then, after the verdict exonerating the police who beat an African American, Rodney King, six days of rioting engulfed a swath of Los Angeles, killing 63 and injuring 2,383. This far exceeded the calamity of ...

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• 9 July

  UK’s Sunak is as popular as Star Wars

  

  Rishi Sunak, Britain’s chancellor of the exchequer, delivered another steroidal burst of government spending. As the man writing fat checks at a time of disruption and uncertainty, Sunak has become so popular that it’s now obligatory to include the words “potential future prime minister” whenever his name is mentioned. He enjoys a 92% approval rating among Conservative Party members, which ...

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• 9 July

  Deporting ‘students’ would be dumb for US

  Does President Donald Trump want to deport everyone who is not an American citizen? Sometimes it seems that way. His administration recently announced that it may send home international students at colleges and universities that choose online learning in the fall, in an effort to reduce the risks associated with the coronavirus pandemic. The announcement is cruel. It’s also stupid. ...

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• 9 July

  Time will decide India’s next digital winners!

  Time will be the next frontier in India’s digital battlefield; dollars will follow the hours consumers spend online. India has left a void in their day by banning 59 Chinese apps after a border dispute with its northern neighbor led to violent clashes. The video-sharing platform TikTok, which became a craze in towns and villages as a medium of expression, ...

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• 9 July

  AirAsia falls on doubts about continuing as going concern

  

  Bloomberg AirAsia Group Bhd shares slumped nearly 18% when trading resumed following a suspension that came as auditor Ernst & Young said the carrier’s ability to continue as a going concern may be in “significant doubt.” The budget airline pared its loss to 12% as of 2:47 pm local time on July 08. In a statement to the Kuala Lumpur ...

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• 9 July

  Ann Taylor owner plans bankruptcy

  

  Bloomberg Ascena Retail Group Inc, the owner of mall brands that occupy almost 3,000 stores in the US, is preparing to file for bankruptcy and shutter at least 1,200 of those locations, according to people with knowledge of the plan. The company, which owns brands such as Ann Taylor and Lane Bryant, could enter Chapter 11 as soon as this ...

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