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...Hydrogen, which emits no carbon dioxide when burnt, is considered a critical fuel for cleaning up heavy industries such as steelmaking and trucking....
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...A potential $15bn in losses if it turned into an ugly year for natural catastrophes. Jain sought permission from his boss, Warren Buffett, to increase the bet....
...had approached his investment in Occidental Petroleum, as well as how it was handling litigation over wildfires — including its push to get state laws passed that would limit its liabilities in future catastrophes...
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...The 2015 Paris Agreement calls for countries to reach net zero by the middle of the century to limit warming to 1.5C and avert the worst of a looming climate catastrophe....
...The Arkansas-headquartered company brought in about $172bn in consolidated net sales in the three months to January....
...The company said major layout changes would not be necessary, but some extra equipment such as cleaning machinery and for mask production would be needed....
...After years of concern about its condition, the Egyptian reopened this week after a four-year, $70mn-plus restoration funded by Netflix — a company that has built its $190bn market value by making it extremely...
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...Insured losses for natural catastrophes were 54 per cent above their 10-year average in the first half of 2023, according to Swiss Re....
...An executive at another company that charters more than 300 ships also attacked attempts to “exempt [shipowners] from responsibility”, adding such proposals were “not fit for purpose”....
...Last week, several banks signed on to loan KKR $5bn to buy a stake in Cotiviti, a much-watched health-tech company....
...Social media companies are struggling to contain misinformation emanating from the war between Israel and Hamas....
...Berkshire on Saturday reported that significant catastrophe losses — individual insurance losses that top $150mn — had only reached $590mn in the first nine months of the year....
...So much so that investment company Italmobiliare decided to complete its purchase of the brand in 2021, buying the final 20 per cent stake for €40mn....
...Because Montañez, so the story goes, invented Flamin’ Hot Cheetos while cleaning a company plant in Rancho Cucamonga, California, creating a cultural landmark and a billion-dollar brand....
...FTX’s top lawyer was supposed to be in charge of cleaning up the exchange’s legal issues and keeping it on the right side of the law....
...These small hassles come on top of extra fees, such as cleaning charges. As a result, Airbnb has been losing some of its competitive edge against hotels. Stays were once vastly cheaper....
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...Edward Lees, co-manager of the BNP Paribas Ecosystem Restoration fund, is critical of funds that are focused on best in class companies. “We can’t afford to just look at these indirect stories....
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