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Bloomberg The 700-meter wide pool of bubbling water in the Baltic Sea caused by the rupture of the Nord Stream gas pipelines points to a climate disaster. It’s the most visible of three major gas leaks emanating from the pipelines connecting Russia to Germany. Scientists are scrambling to work out just how much methane, one of the most powerful greenhouse ...

  Bloomberg South Africa’s state-owned power utility will reduce power outages over the weekend after diesel deliveries for its open-cycle gas turbines started. Fuel was delivered to PetroSA’s facility in Mossel Bay on the south coast after the vessel berthed Thursday morning, Eskom Holdings SOC Ltd. said in statement on Twitter. The diesel will be transported to the nearby Gourikwa ...

  Bloomberg France is looking to replenish its stockpiles of diesel in coming months, another move by a European country to shore up supplies as winter approaches. The French government wants companies to replenish fuel inventories that were released around June as part of a globally co-ordinated stock-draw. The idea is to refill during October and November, a person familiar ...

  Bloomberg TotalEnergies SE said it could sell a small part of its 20% stake in Adani Green Energy Ltd. to cash in on the jump in the valuation of the Indian renewable energy producer. The French energy giant bought 20% of Adani Green in 2021 for $2 billion, building on a series of previous deals with Indian billionaire Gautam ...

  Bloomberg Brookfield Asset Management Inc. acquired two US renewable-power companies — Scout Clean Energy and Standard Solar — for a total of $1.54 billion and plans to invest as much as $510 million to further develop those businesses. The deals were made by Brookfield Renewable Partners LP, a publicly traded subsidiary of Toronto-based asset manager, and funded by the ...

Very few people will confess to being such loyal followers of their political party that they automatically adopt whatever positions it takes. Most voters like to think of themselves as independent: They have their own opinions on the issues, and they support candidates, not parties. People are not necessarily wrong to think like this — as the political scientists Chris ...

For all the talk of tax cuts in UK Chancellor of the Exchequer Kwasi Kwarteng’s mini budget last week, the most significant stealth tax imposed by his predecessor Rishi Sunak remains very much in place. In his spring budget of 2021, Sunak sought to offset the cost of the pandemic with a four-year freeze in income-tax thresholds. Ordinarily, these thresholds ...

  The new US Covid booster campaign needs a dose of clarity about its goals and limitations. The latest “bivalent” vaccine — retooled to protect against the currently circulating BA.5 variant — will benefit some more than others. The oldest and most vulnerable citizens are likely to benefit most. Public health officials should aim to protect them through a targeted ...

  A rush to dump UK government bonds following a botched budget announcement forced a dramatic intervention by the Bank of England on Wednesday. The central bank promised to buy long-term bonds “on whatever scale is necessary” to restore order in the market. It amounted to an official declaration of imminent financial crisis, apparently centered on pension funds facing insolvency ...

  Bloomberg JetBlue Airways Corp decided to partner with American Airlines Group Inc. because of the legacy airline’s access at congested airports in New York, JetBlue Chief Executive Officer Robin Hayes told a Boston court. The alliance, which is being challenged by the Justice Department in federal court in Massachusetts, rankled rival Southwest Airlines, which had unsuccessfully sought to raise ...