BERLIN (AP) — German officials launched what they say is the world’s first fleet of hydrogen-powered passenger trains Wednesday, replacing 15 diesel trains that previously operated on nonelectrified tracks in the state of Lower Saxony. The 14 trains use hydrogen fuel cells to generate electricity that powers the engines. The German government has backed expanding…
MILAN (AP) — Italy’s push to rapidly reduce its dependence on Russian natural gas has made the country less vulnerable to an interruption of supplies, Premier Mario Draghi said Wednesday, noting that gas storage is 80% full ahead of winter and on track to hit 90% by October. Draghi told an annual summertime festival in…
By Samuel Shen and Brenda Goh SHANGHAI (Reuters) – China has raised the bar for issuances in the world’s second-biggest green bond market, taking a major step towards adopting global standards and eliminating ‘greenwashing’. Starting this month, the Shanghai Stock Exchange, China’s premier bourse, requires 100% of the proceeds from green bond issuances to be…
NEW YORK (AP) — President Joe Biden said Wednesday that many Americans can have up to $10,000 in federal student loan debt forgiven. That amount increases to $20,000 if they qualified for Pell grants. Here’s what we know so far and what it means for people with outstanding student loans: WHO QUALIFIES FOR STUDENT LOAN…
By Richa Naidu LONDON (Reuters) – Tomasz Łuksza, who took over his father’s Polish confectionary business just over a decade ago, has a problem he’s not unhappy about: European supermarkets want more gummy bears and chocolate-covered marshmallows than he can make. “We’re seeing at least two times the demand of last year and we can’t…
NEW DELHI (Reuters) – Planemaker Boeing plans to build on its existing investments in India in areas such as defence supply chains and manufacturing, the company said on Wednesday. The world’s second-largest planemaker is offering its F/A-18 fighter jet for sale to India’s armed forces and said the selection of the jet would help boost…
By Daniel Wiessner (Reuters) – Tesla Inc’s lawyers on Wednesday will urge a California judge to throw out a lawsuit by the state’s civil rights agency accusing the electric car maker of widespread race discrimination at an assembly plant. California Superior Court Judge Evelio Grillo in Oakland will hold a hearing on Tesla’s bid to…
By Mathieu Rosemain PARIS (Reuters) – Google has breached a European Union court ruling by sending unsolicited advertising emails directly to the inbox of Gmail users, Austrian advocacy group noyb.eu said on Wednesday in a complaint filed with France’s data protection watchdog. The Alphabet unit, whose revenues mainly come from online advertising, should ask Gmail…
TOKYO (Reuters) – Japan’s Honda Motor Co Ltd is considering building a separate supply chain that would lower its dependence on China, the Sankei newspaper reported on Wednesday. The move comes as Japanese manufacturers, who have built extensive production hubs in China in recent years, have seen output snarled by COVID-19-related lockdowns in Shanghai. There…
SYDNEY (AP) — Fox Corp. chief executive Lachlan Murdoch is suing Australian news website Crikey in a Sydney court for defamation over an opinion piece about last year’s storming of the U.S. Capitol. Media mogul Rupert Murdoch’s son filed a statement of claim in the Federal Court on Tuesday, a day after Crikey publisher Private…
