Amazon founder Jeff Bezos’ £8.06 billion Earth fund for climate and biodiversity has halted funding for the Science Based Targets Initiative (SBTi), an international body that assesses whether companies are decarbonising in accordance with the Paris Climate Agreement. This development came as US President Donald Trump exited the Paris Agreement, sharply contradicting Bezos’ earlier climate…
Chinese measures won’t take effect until Feb. 10, leaving Donald Trump and Xi Jinping time to defuse their growing trade war. Listen AI generated Text-to-speech Share Source link
UK law firm Broadfield has opened an office in Hong Kong to focus on the provision of investment fund formation, private equity M&A, GP strategic transactions, corporate advisory, and turnaround services, ahead of a phased build-out of other aligned practice areas later in the year. ¬ Haymarket Media Limited. All rights…
“It’s important that we don’t divide the world with numerous tariff barriers,” Scholz said on Sunday after meeting with British Prime Minister Keir Starmer in the U.K. The EU is “a strong economic area and has its own courses of action,” Scholz said. In contrast, German Finance Minister Jörg Kukies urged Europeans to keep calm…
And people lost a ton of money, too: It seems that U.S. stocks dropped significantly after DeepSeek’s announcement (a concept Declassified fully understands and definitely did not need to Google), sending shockwaves through the markets (not the farmers’ market downtown, Declassfied is told. That one is still doing fine, thanks for the fact check, editors.)…
The U.S. president last week unveiled a $500 billion project to build infrastructure needed to cement American AI dominance in the years to come — but the Chinese app’s showing could call into question the efficacy of the investment, as DeepSeek was able to achieve its results at a much lower cost. “The release of…
So Macron will just appoint a new prime minister, right? Yes, but it’s not that simple. The French National Assembly is divided into three political blocs: Macron’s centrists, the far-right National Rally, and the left-wing coalition. The three groups are poles apart on politics and refuse to work together, meaning that any new government could…
Pablo Di Si, President and CEO of Volkswagen Group of America, has stepped down from his role at the German automaker. The change, effective December 12, 2024, opens the door for Kjell Gruner to assume the role, according to the Volkswagen website. Starting in 2024, eligible customers may choose to apply the tax credit…
HONOLULU (Island News) – The Department of Emergency Management reported that an outage occurred for Honolulu’s 911 system on Sunday, November 17, 2024. Officials state that the system is currently down for customers using certain cell providers, including AT&T, Verizon and T-Mobile. The public is advised to contact 911 by using a landline phone. For…
Chinese actress Esther Yu Shuxin, who is known for her playful personality and bold fashion choices, pursued her passion for acting despite coming from a privileged background. The 28-year-old was born in Shanghai to a wealthy family – her father a mining magnate and her grandfather the head of a steel corporation – with an…