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Australia to $6 billion on climate adaptation through 2030
The money is earmarked for flood mitigation, bushland conservation,...
SEC is “prioritizing” Trump’s proposal to end quarterly reports on earnings
“Subject to SEC Approval, Companies and Corporations should no...
Australia’s Qantas to pay $79 mln to settle flight cancellation case
The fine is the biggest ever for an Australian airline and among the largest globally in the sector, although some Australian banks and casino operators have faced higher penalties for breaches of the law Australia’s Qantas Airways agreed to pay A$120 million ($79...
El Niño sees African Union Insurance Agency pay out $60 million
El Niño is caused by ocean currents that bring dry and hot weather to Southern Africa. Zimbabwe, Malawi and Zambia have declared national state of disasters The African Union’s climate insurance agency will pay out at least $60 million to four southern African nations...
UK tells tech firms to ‘tame algorithms’ to protect children
The plan by regulator Ofcom is one of more than 40 practical steps tech companies will need to implement under Britain's Online Safety Act, which became law in October. The platforms must also have robust age checks to prevent children seeing harmful content linked to...
Global health heavyweights team up for climate, disease funding
The Novo Nordisk Foundation, Wellcome and the Bill & Melinda Gates Foundation announced the research partnership, focused particularly on finding affordable solutions for people in low and middle-income countries, in Denmark on Monday.Each will put $100 million...
ICEYE launches Flood Insights and Flood Early Warning for Canada, providing near real-time situational awareness
ICEYE’s Flood Early Warning data is available 96 hours before each potential flood, showing the areas most likely to experience flooding. During each flood, data on the total extent of the flood water is provided every 24 hours. The complete extent and depth of the...
Oil majors offered faster Nigerian exit if they pay for cleanup
Exxon, Shell, TotalEnergies, and Eni have all sought to leave Nigeria’s oil-rich Niger delta in recent years citing security concerns, including theft and sabotage, to focus on deepwater drilling. However, their exits have been delayed by regulatory hurdles. Major oil...
Brazil rejects Vale, BHP settlement offer for Mariana disaster
The November 2015 dam collapse at the Samarco iron ore mine near the town of Mariana, Minas Gerais, caused a vast flow of mud and mining waste that buried a nearby village, killing 19 people, leaving hundreds homeless and polluting the Doce River, a major river that...
Southern Brazil hit by the worst floods in more than 80 years
It was the fourth such environmental disaster in a year, following floods in July, September and November 2023 that killed 75 people in total Heavy rains in the southern Brazilian state of Rio Grande do Sul killed 39 people, with another 68 still missing, the state...
Maersk says Red Sea disruption could cut Asia-Europe capacity by 20%
The disruptions cause ripple effects across several other container freight routes, particularly from Asia to the east and west coasts of South America, Maersk’s spokesperson said, adding that the Red Sea situation was complex and continued to evolve Disruption to Red...
US -India collaboration for enhancing global access to affordable medicines
According to the IǪVIA Institute report, India has long been a critical source of affordable medicines for the United States. Ninety percent of all medicines prescribed for Americans are generic, and 47 percent of those prescriptions are filled with products produced...