Brisbane, Australia CNN — The world is producing a record amount of single-use plastic waste, mostly made from polymers created from fossil fuels, despite global efforts to reduce plastic pollution and carbon emissions, according to a new report released Monday. The second Plastic Waste Makers Index, compiled by the philanthropic Minderoo Foundation, found the world […]
CNN — The US and allies are trying to further limit Russia’s ability to make money and finance its war efforts with new price limits on products like gasoline and fuel oil, a senior Treasury official announced Friday – adding to sanctions on Russian energy sales in response to the country’s invasion of Ukraine. “Our […]
CNN — Activists from the campaign group Greenpeace have boarded a ship in the Atlantic Ocean and scaled a Shell oil platform that is currently being transported to the North Sea. “Stop drilling. Start paying,” the activists’ banners say. The protest comes as the oil giant on Thursday announced record annual profits of almost $40 […]
Brisbane, Australia CNN — The discovery of a tiny lost radioactive capsule beside a remote highway in Western Australia raises many questions – not least how it escaped layers of radiation-proof packaging loaded onto a moving truck. It’s one of the many puzzling aspects of a case investigators will examine in the coming weeks as […]
Islamabad/London CNN — Muhammad Radaqat, a 27-year-old greengrocer, is worried. He doesn’t know how much an onion will cost next week, let alone how he’ll be able to afford the fuel he needs to heat his home and keep his family warm. “All we’re being told by the government is that things are going to […]
Johannesburg, South Africa CNN — Car crashes, opportunistic criminals, rotting food, decomposing bodies, bankrupt businesses, and water shortages. Welcome to life under South Africa’s power blackouts. Last week the grim extent of the outages was laid bare when South Africans were advised to bury dead loved ones within four days. In a public statement, the […]
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN — Investors are pretty bad at living in the moment. We’re currently in the thick […]
London CNN — China’s swift reopening after nearly three years of strict coronavirus controls could provide a much-needed boost to global economic growth, but may also stoke inflation just as it has shown signs of falling back. The revival of the world’s second largest economy — and its biggest consumer of commodities — threatens to […]
New York CNN — Chevron reported a record full-year profit of $36.5 billion, buoyed by high oil prices. Adjusted earnings for the year more than doubled from the $15.6 billion Chevron earned in 2021 and up 36% from its previous record profit set in 2011. The oil company’s fourth-quarter earnings came in at $7.9 billion, […]
CNN — Human activity and extreme drought is causing far more damage to the Amazon rainforest than previously thought, exacerbating climate change, according to a new study. While many climate studies focus on Amazon deforestation – where trees are completely cleared and land use changes – this study looks at “degradation.” This is when the […]
