By David Shepardson WASHINGTON (Reuters) -General Motors said on Wednesday it could face compliance challenges under the Environmental Protection Agency’s proposed vehicle emissions rules and ot[...]
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Environment
Goldman says West needs over $25 billion investments in rare earths to match China
(Reuters) – Goldman Sachs on Thursday said the West may need more than $25 billion in investments to match China’s supply of rare earths, as export curbs by Beijing on minor metals fuel fe[...]
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ESG equity funds suffer big outflows, buffeted by market jitters and U.S. backlash
By Tommy Wilkes and Patturaja Murugaboopathy LONDON (Reuters) – Equity funds with an environmental, social and governance (ESG) tilt suffered a large loss of investors in the three months to end[...]
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Airbus trials new wing designs in technology race with Boeing
By Joanna Plucinska and Tim Hepher FILTON, England (Reuters) – Airbus is stepping up testing of radical new wing technology as the planemaker lays the foundation for a future successor to its be[...]
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Australia’s Suncorp forecasts rise in FY24 natural hazard costs amid La Niña
(Reuters) -Australian general insurer Suncorp on Tuesday forecast a 12% jump in costs associated with catastrophe reinsurance premiums and natural hazards in fiscal 2024 on the back of adverse weather[...]
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U.S. property catastrophe reinsurance rates rise up to 50% on July 1-report
LONDON (Reuters) – U.S. property catastrophe reinsurance rates rose by as much as 50% at a key July 1 renewal date, broker Gallagher Re said in a report on Monday, with states such as California[...]
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Fashion industry driving demand for green shipping, Maersk says
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Fashion brands are a key driver of demand for green shipping fuels, according to shipping group Maersk, as the sector faces pressure from consum[...]
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Factbox-Governments race to regulate AI tools
(Reuters) – Rapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI’s ChatGPT are complicating governments’ efforts to agree laws governing the use of the tech[...]
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Daimler Truck sees multi-million euros in storm damage at plant
(Reuters) – A severe storm that hit a Mercedes-Benz plant in the central German city of Kassel last week is estimated to have caused damage in the mid-double-digit-million euro range, said Daiml[...]
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