UK halves subsidies for Drax and says it must use 100% sustainable wood | Energy industry
The UK government has ordered the use of 100% sustainable wood after halving subsidies for the Drax power plant and receiving criticism for its business model. Large North Yorkshire power plants will play a “more limited role” in the future, the government said. The plant is an important generator for the UK, but has been […]
Norway’s state oil firm lobbying to open Rosebank oilfield halves green investments | Oil
Norwegian oil companies, which are fighting to open a huge new oil field off the coast of Shetland, have reduced billions of pounds from the Green Expenditure Plan, supporting more fossil fuels. On Wednesday, the Equer set a plan to half investment in low -carbon energy while producing more oil and gas, and became the […]
Singapore Airlines shares fall as much as 6% as profit nearly halves amid intensifying competition – CNBC
A Singapore Airlines Airbus A350-941 prepares for takeoff on the runway at Barcelona El Prat Airport on May 1, 2024 in Barcelona, Spain. Null Photo | Null Photo | Getty Images Singapore — stocks of singapore airlines Shares fell after the city-state's flag carrier reported an almost 50% drop in net profit for the first […]
Knicks’ Donte DiVincenzo, Miles McBride struggle after strong first halves
INDIANAPOLIS — While Jalen Brunson was forced to go 2-of-13 in the first half against a swarm of double and triple teams, the Knicks’ other two starting guards opened the game with great offensive rhythm. did. Donte DiVincenzo and Miles McBride each scored 15 points through the first two quarters. But while Brunson managed to […]
Malaysia halves prison term for ex-Prime Minister linked to corruption
Malaysia’s Amnesty Commission has reduced former Prime Minister Najib Razak’s 12-year prison term to six years and fine to $11.3 million in connection with a corruption case. Despite his conviction, Mr. Najib remains influential in his party, UMNO, which is part of the current unity government. The decision was controversial and raised questions about its […]