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In recent years, environmental activists have increasingly focused on pollution caused by the rapidly expanding aviation industry.
NEW YORK: The dollar and global equities rose on Wednesday as a strong showing by Joe Biden in the U.S. Democratic presidential primaries cheered the markets, though the economy-slowing coronavirus outbreak kept investors on tenterhooks.
BEIJING (Reuters): China will use a Roche Holding AG arthritis drug to treat some coronavirus patients in severe condition, health authorities said on Wednesday (March 4), as the country seeks to build up treatment regimens to help the infected recover.
Exclusive: U.N. aviation agency weighs restrictions on carbon credits under fire by climate activists
MONTREAL/CHICAGO (Reuters) - The United Nations is weighing restrictions for a scheme designed to help airlines offset their carbon emissions, curbing industry funding for older projects whose environmental benefits have been disputed by climate activists.
SINGAPORE: Singapore will post its biggest budget deficit since at least 1997, pledging S$6.4bil (US$4.6bil) in dedicated support for an economy being slammed by the (Covid-19) coronavirus outbreak. The deficit will widen to 2.1% of gross domestic product in the year through March 2021 from a projected 0.3% in the current fiscal year, Finance Minister Heng Swee Keat said Tuesday (Feb 18) in Parliament.
KUALA LUMPUR: The Covid-19 coronavirus outbreak adds to other pressures on growth in Asia Pacific, with the impact felt primarily through trade and tourism, according to Moody's Investors Service.
Netflix disclosed that its total energy consumption in 2019 was 451,000 megawatt-hours – enough to power around 40,000 average American homes for a full year.
PETALING JAYA: The Prime Minister's Office says that Tun Dr Mahathir Mohamad at no point suggested AirAsia's arrangement with Airbus were "offset payments" and not bribery.