By SAM McNEIL and KEN MORITSUGU BEIJING (AP) — China and the European Union have issued a joint call to action on climate change during an otherwise tense bilateral summit in Beijing on Thursday riven with major disagreements over trade and the war in Ukraine. The two economic juggernauts issued a joint statement on climate…
Ursula von der Leyen called on China to open up its market and rectify over-capacity issues as a one-day summit between the European Union and China closed with minimal progress. Speaking in Beijing following a meeting with Chinese President Xi jinping, the head of the European Commission warned that it will be “very difficult” for…
ROME (AP) — Italy’s highest court has ruled that a lawsuit brought by climate activists against Italian energy company ENI and its government shareholders can go ahead, in what Greenpeace said on Tuesday was a victory for efforts to pursue climate justice in Italy. In an ordinance released on Monday, the Court of Cassation rejected…
A heat dome is trapping over 90 million Americans in extreme temperatures this week with the National Weather Service issuing heat alerts from Nebraska to Florida. Dangerous heat threatens to bake much of the Mississippi Valley and parts of the Southeast from Tuesday through at least Thursday, with temperatures over 100 degrees Fahrenheit expected in some areas….
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Man killed by lightning in New Jersey as climate change brings uptick in strikes – CBS News Watch CBS News A man in New Jersey was killed and several people were injured by a lightning strike Wednesday night. Meg Oliver reports on his death and the rise in lightning events brought on by climate change….
Amazon founder Jeff Bezos has announced the appointment of longtime Amazon executive Tom Taylor as the new President and CEO of the $10 billion Bezos Earth Fund. Taylor retired from Amazon in October 2022 after more than two decades of working at the tech giant. Taylor will now lead the philanthropic endeavour which works of…
Welcome to Weather Watch, our weekly newsletter on how the planet’s ever wilder weather patterns are impacting the global economy. Got feedback and forecasts? Write us at weatherteam@bloomberg.net. And sign up here if you’re not on the list already. When there’s volatile weather, revenues of energy and agricultural companies can be put at risk. And…
NEW YORK — At her kitchen stove, fashion designer Caroline Zimbalist looks like an alchemist at work as she stirs a pot full of corn starch and a thickener made from seaweed. The peppermint-scented mixture glitters as she carefully pours it into silicone molds of hearts and leaves. When the material hardens, Zimbalist will stitch…
A few days after Donald Trump signed the One Big Beautiful Bill that ended most subsidies for renewable energy, among many other things, the leading artificial intelligence (AI) company, Nvidia Corporation, became the first to pass $US4 trillion ($6.08 trillion) in value. And a few days after that, on Thursday, Bitcoin hit a new record…