Chery and BYD face $53 million repayment after audit questions Chinese green-car subsidies
Two of China’s biggest electric-vehicle makers may have to return a combined 373 million yuan (about $53 million) in state aid after a government au...
There is more than a 50% chance of La Niña developing over the next three months, according to the World Meteorological Organization (WMO), which could potentially temper 2024’s record-breaking global temperatures.
There is more than a 50% chance of La Niña developing in the next three months, the World Meteorological Organization (WMO) said on Wednesday, but if it does, it is expected to be relatively weak and short-lived.
The La Niña pattern involves the cooling of ocean surface temperatures and could potentially temper a period of high temperatures that is set to make 2024 the warmest year on record. Forecasts indicate a 55% likelihood of a La Niña transition between December 2024 and February 2025, a decrease from the WMO's previous forecast of a 60% chance in September.
“Even if a La Niña event does emerge, its short-term cooling impact will be insufficient to counterbalance the warming effect of record heat-trapping greenhouse gases in the atmosphere,” WMO Secretary-General Celeste Saulo said.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
On July 4, Azerbaijani President Ilham Aliyev met with Turkish President Recep Tayyip Erdoğan in Khankendi, reaffirming the deep-rooted alliance between the two nations.
The 17th Summit of the Economic Cooperation Organization (ECO) was successfully held in Khankendi, Azerbaijan, highlighting the region’s revival and the deepening economic cooperation among member states.
France recorded over 100 drowning deaths in just one month — a 58% rise from last year — as unusually high temperatures drove more people to water, public health officials say.
Germany’s public debt is projected to climb from 62.5% to 74% of GDP by 2030, driven by record defence and infrastructure spending, according to a report by the European rating agency Scope.
Migration offset natural decline for the fourth consecutive year, pushing the European Union’s population to an historic high of 450.4 million in 2024, according to Eurostat figures released on Friday.
The global oil market may be tighter than headline supply-demand figures suggest, the International Energy Agency (IEA) said Friday, citing rising refinery activity and seasonal summer demand as key drivers of short-term market pressure.
China’s exports are expected to have grown 5% in June as manufacturers hurried goods abroad ahead of a 12 August deadline that could see the U.S. restore punitive tariffs, a Reuters survey of economists indicates.
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