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Toyota’s pursuit of hydrogen fuel-cell vehicles is backed by the country’s trade ministry, which believes that hydrogen is key to achieving net-zero emissions by 2050. The government said in June that by 2035 all cars sold should be “so-called electric-powered vehicles,” with the proviso that hybrids are included. Japan’s automakers and government leaders have been reluctant … Read more
Fertilizer granules at the Nitrogenmuvek Zrt. fertilizer plant in Petfurdo, Hungary, on Friday, Dec. 2, 2022. Hungary’s only nitrogen fertilizer maker resumed full production last month as gas prices eased, but warned that potential disruptions next year could threaten crop yields. Photographer: Akos Stiller/Bloomberg
Bengaluru-based real estate company, Ferns Estates and Developers, which has entered the luxury hospitality business, is establishing properties that are close to nature and easy to reach. The company estimates revenue of Rs 363 crore in five years from the hospitality segment alone, according to Errol Fernandes, CMD, Ferns Estates and Developers. “We started our … Read more
Two hundred and fifty gram gold bars arranged at Gold Investments Ltd. bullion dealers in London, U.K., on Thursday, March 17, 2022. Gold rose for a second day as investors weigh the trajectory of the Federal Reserve’s rates tightening cycle against risks to growth from the war in Ukraine. Photographer: Chris Ratcliffe/Bloomberg
(Bloomberg) — With Russia’s invasion now into its 11th month, President Vladimir Putin said the absence of talks to stop the war is not Moscow’s fault. “It’s not we who refuse negotiations, but they,” Putin said in a TV interview. Russia is prepared to discuss “acceptable outcomes,” he added.
Ukraine’s troops continue to repel Russia’s attacks in the eastern Donetsk and Luhansk regions. Over the past 24 hours, Russia’s troops carried out three missile- and 10 air-strikes, including on civilian infrastructure in Donetsk region, according to Ukraine’s Military Staff. On top of that, Kremlin troops launched 62 attacks by multiple rocket launchers, causing damage … Read more
Timur Turlov, despite being sanctioned by Ukraine, says he still harbors hopes of expanding in the war-torn country.
Russia should expand its armed forces to 1.5 million troops from the current 1.15 million to ensure its security, Defense Minister Sergei Shoigu told Putin. The total should include 695,000 professional contract soldiers, he said, without explaining where the additional recruits would be found.
The deal essentially settles what has been one of the EU’s biggest disputes over energy policy since the crisis began. A group of nations led by Germany — the bloc’s largest economy — the Netherlands and Denmark were calling for a cautious approach to avoid too much market intervention. Meanwhile, a faction including Belgium, Italy, … Read more
Initial public offerings are heading for their longest drought since the global financial crisis — and bankers don’t expect a revival anytime soon. A mix of rising inflation and interest rate hikes aimed at taming it have hurt stock market valuations and eroded investor appetite for the high-growth IPO candidates that have driven deals in … Read more