The wartime destruction of its coalmines and several of its power plants are proving a catalyst for Ukraine's renewable energy transition, said the country's Energy Minister German Galushchenko. The minister said moves towards wind and solar power, coupled with the war's impact on classic energy infrastructure, means that "the green transition should be implemented faster than we expected."
The UK arm of The Body Shop cosmetics group will shut nearly half its 198 outlets, adminstrators brought in to save parts of the distressed company said Tuesday. The Body Shop employs about 1,500 people across its UK stores but the administrators did not specify how many positions would be lost.
To show or not to show at London Fashion Week? The programme provides also a venue to showcase at London Fashion Week, which could be for example at a hotel close to the main setting.
Walmart announced Tuesday it will buy smart television maker Vizio for $2.3 billion, boosting the retail giant's advertising venture as growth slows in its legacy business from the pandemic boom. Walmart announced the deal along with the release of fourth-quarter earnings, in which it reported solid revenues growth of 5.7 percent to $173.4 billion.
A blanket of smog covers Milan, empty reservoir bake in Sicily and wine production is down in Piedmont as a lack of rain across Italy exacerbates pollution and sparks droughts. Meanwhile Piedmont in the northwest asked the agricultural ministry on Monday to declare a natural disaster for drought in the region, saying it has affected vineyards and caused "significant" drops in wine production.
The Eiffel Tower, one of the world's top tourist attractions, will remain closed for a second straight day Tuesday as staff extend a strike, a union representative told AFP. The strike started Monday in protest over the way the monument is managed financially.
The world's first chemical tanker ship fitted with massive rigid aluminium "sails" has left Rotterdam, its owner hoping to plot a route to bringing down the shipping industry's huge carbon footprint.
Dotting the asphalt, they come in various shapes and sizes, costing drivers a fortune in vehicle repairs and even lives. According to the Asphalt Industry Alliance, more than £14 billion is needed to fix a backlog of repairs in England and Wales.
The glittering diamonds sparkle the same but there are key differences: mined natural gems are more than a billion years old, while laboratory-made rocks are new and cost less than half the price. Man-made gems are reshaping the $89 billion global diamond jewellery market, especially in the west Indian city of Surat where 90 percent of the world's diamonds are cut and polished.
US banking giant Capital One announced Monday it will acquire financial services company Discover in a $35.3 billion all-stock deal combining two of America's major credit card firms. Discover is among the United States' major credit card networks, but is smaller than the top three: Visa, Mastercard and American Express.
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