|Day's Range||140.50 - 146.05|
Australia's re-elected Prime Minister Scott Morrison once brandished a lump of coal in parliament, crying, "This is coal - don't be afraid!" His surprise win in what some dubbed the 'climate election' may have stunned the country, but voters should know what comes next in energy policy - big coal. Battered by extended droughts, damaging floods, and more bushfires, Australian voters had been expected to hand a mandate to the Labor party to pursue its ambitious targets for renewable energy and carbon emissions cuts. Instead, Saturday's election left them on course to re-elect the Liberal-led centre-right coalition headed by Morrison, a devout Pentecostal churchgoer who thanked fellow worshippers for his win at a Sydney church early on Sunday.
CANBERRA, Australia (AP) — The policy differences between the two major political parties vying for power at Australian elections on Saturday have been described as the widest divide at a federal contest in 26 years.
It sounds almost too good to be true, but these are the promises touted by leaders in the cultured meat space. Two years ago JUST joined the list of companies in Silicon Valley, the UK, Israel, the Netherlands, China, Japan, and Singapore that are developing cell-cultured meat technology. It has successfully produced a ground chicken product—a nugget—and has its eyes set on loftier goals like luxe wagyu beef.
As Australians head to the polls this week after the country's hottest-ever summer, outback farmers -- walloped by epic fires, floods and heatwaves -- are leading the fight against climate change, making it one of the election's key issues. With one of the world's worst pollution records per capita -- and a prime minister who paraded a lump of coal through parliament -- no one would mistake Australia for a progressive eco-haven. The northeast battleground state of Queensland bore the brunt of the summer's extreme climate conditions, and is ground zero for changing outback attitudes.
For many Americans, President Donald Trump's trade war may soon get very real. NEW YORK (AP) -- Stocks climbed on Tuesday, and the S&P 500 clawed back a third of its loss from Monday's rout in the latest whipsaw move as investors weigh just how badly the escalating U.S.-China trade war will hurt the economy. The day's rally was nearly a mirror image of Monday's plunge, just not as severe: Technology companies led the way higher after bearing the brunt of the selling on Monday, Treasury yields rose modestly and gold gave back a bit of its gains.
Payments startup Uphold is implementing hardware and software from Ledger's Vault to improve its cold storage solution for investors.
From Amazon rainforests to the Arctic Circle, indigenous peoples are leveraging ancestral knowhow to protect habitats that have sustained them for hundreds and even thousands of years, according to a landmark UN assessment of biodiversity released Monday. Whether it is logging, agribusiness and cattle ranching in the tropics, or climate change warming the poles twice as fast as the global average, an unrelenting economic juggernaut fuelled by coal, oil and gas is ravaging the natural world, the grim report found. A million of Earth's estimated eight million species are at risk of extinction, and an area of tropical forest five times the size of England has been destroyed since 2014.
Apple’s elusive India store is back in the news. On May 08, Bloomberg reported that the iPhone-maker has shortlisted a few locations for its first retail store in India. The news comes after CEO Tim Cook, in an April 30 earnings call, said, “We would like to place retail stores there (in India).
The crux of a devastating UN report: We have to change our economy. Incessant economic growth is fundamentally at odds with the survival of all life.
Decked out in cowboy hats, brightly coloured shirts, jeans and boots, thousands of Australian countryfolk packed out a vast campground this weekend to cheer on competitors in the unique outback sport of campdrafting. Campdrafting -- one of just three sports recognised as originating from Australia -- involves a cowboy or cowgirl riding their horse while guiding a bullock around a course in a yard, often at a fast pace. It's the best feeling you'll ever have," Tony Ward, 61, a retired competitor who has been taking part in campdrafts for decades, told AFP at the Paradise Lagoons Campdraft in central Queensland state just outside Australia's beef capital Rockhampton.
Facebook is said to be in talks with firms, including Visa and Mastercard, to support and fund its planned fiat-backed cryptocurrency.
Floods sparked by torrential rains have killed nearly 40 in Indonesia with a dozen more still missing, officials said Monday, marking the latest calamity for a disaster-prone nation. On Monday, Indonesia's disaster agency confirmed 29 deaths and said at least 13 more people were missing in Sumatra island's Bengkulu province.
Global commodities house Trafigura Group said on Wednesday it is entering petrochemicals trading by teaming up with Houston-based Altis Group International to take advantage of an expanding sector. Geneva-based Trafigura estimates the value of the global petrochemical market at $729 billion and growing. The joint venture will have two units - one in Houston and the other in Geneva - with a focus on bulk liquid chemicals such as sulphur byproducts from smelting rather than typical petrochemicals that are used in plastics.
China has ramped up its pork trade with the U.S. after a year of trade tariff tensions between the two countries. China is the world's largest consumer of pork, and a sudden cutback in supply has led the country to depend heavily on imports.
Canada-based cryptocurrency exchange Coinsquare has acquired decentralized exchange StellarX and will seek to license it in Bermuda.
The ambitious "Green New Deal" resolution put forward by freshman Rep. Alexandria Ocasio-Cortez, D-N.Y., and Sen. Ed Markey, D-Mass., aims to fundamentally reimagine the U.S. economy with the environment at top of mind. "We set a goal to get to net-zero, rather than zero emissions, in 10 years because we aren't sure that we'll be able to fully get rid of farting cows and airplanes that fast," a summary of the proposal says. The "Green New Deal," unveiled Thursday, sets sky-high goals to cut greenhouse gases to nearly zilch — but it's not committed to getting rid of "farting cows" just yet.
PTOLEMAIDA, Greece (AP) — If earthquakes struck in slow motion, the results might be visible in a place like the Greek village of Anargyri, a hardscrabble enclave in a black landscape gutted by coal mining.