The World News Monitor – Business Information for Sustainable Development
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Top News

  • Plastic-eating enzyme ‘cocktail’ heralds new hope for plastic waste
  • Climate change is making Indian monsoon seasons more chaotic
  • Climate change has caused billions of dollars in flood damages
photo-of-plastic-bottles-2547565 (Magda Ehlers/Pexels) Top News

Plastic-eating enzyme 'cocktail' heralds new hope for plastic waste

WNM | Apr 19, 2021 at 7:55 AM

The scientists who re-engineered the plastic-eating enzyme PETase have now created an enzyme ‘cocktail’ which can digest plastic up to six times faster.

Climate change is making Indian monsoon seasons more chaotic

WNM
Apr 15, 2021 at 10:46 AM

Climate change has caused billions of dollars in flood damages

WNM
Apr 14, 2021 at 8:17 AM

More trees do not always create a cooler planet, study shows

WNM
Apr 13, 2021 at 7:06 AM

Researchers reveal cost of key climate solution

WNM
Apr 9, 2021 at 3:45 PM
» read more Top News...

Coronavirus

  • North Korea’s suspected COVID-19 caseload nears 2 million
  • COVID digest: German court approves vaccine mandate for health workers 19.05.2022
  • Russian chief sanitary doctor admits emergence of new coronavirus strains in Russia
  • Covid cases exceed 520 million globally – WHO
  • World in no better place to fight pandemics than before COVID – review
  • COVID is rising in the Americas, virus ‘not going away anytime soon’ -PAHO
  • World in no better place to fight pandemics than before COVID – review
  • Some in Shanghai allowed out to shop; end of COVID lockdown in sight
  • Tencent’s revenue growth hit by tech crackdown and Covid curbs
  • Russia records 4,732 daily COVID-19 cases
Coronavirus

Russia records 4,927 daily COVID-19 cases

TASS Russian News Agency | May 19, 2022 at 10:39 AM

Russia’s COVID-19 case tally rose by 4,927 over the past day to 18,278,617, the anti-coronavirus crisis center reported on Thursday.

FDA Clears COVID Booster Shot for Healthy Kids Ages 5 to 11

Chosun Ilbo
May 19, 2022 at 10:15 AM

Tokyo reports 4,172 new coronavirus cases; nationwide tally 39,642 …

Japan Today
May 19, 2022 at 9:46 AM

More work to resume in Shanghai’s zero-COVID areas from June

Investing.com
May 19, 2022 at 8:40 AM

Portugal worries surge in COVID-19 cases may affect tourism

Euractiv
May 19, 2022 at 8:27 AM
» read more Coronavirus news...

Climate

  • Most automakers fall short on climate goals
  • Germany, Denmark, Netherlands and Belgium sign €135 billion offshore wind pact
  • MEPs ask to pause CAP biodiversity requirements amid Ukraine war
  • EU urges building insulation push in bid to end reliance on Russian gas
  • MEPs aim to stick airlines with steeper carbon bill
  • Senior Chinese diplomat holds phone conversation with U.S. national security advisor
  • One tiny company is wrecking the American solar industry – why? 19.05.2022
  • Thailand: What happened to mass anti-government protests? 19.05.2022
  • Eco-fascism: The greenwashing of the far right 19.05.2022
  • Nearly 60 mn people internally displaced worldwide in 2021
Climate

Trawling Iraq's threatened marshes to collect plastic waste

Al-Monitor | May 19, 2022 at 4:45 PM

Iraq’s vast swamplands are the reputed home of the biblical Garden of Eden, but the waterways are drying out and becoming so clogged with waste their very existence is at risk, activists warn.

Trust in carbon market ‘undermined’ by EU’s Russia plans, analysts warn

Euractiv
May 19, 2022 at 2:35 PM

A biofuels proposal to slash emissions while boosting the farming sector

Irish Times
May 19, 2022 at 7:00 AM

Xi, Dutch King exchange congratulations on 50th anniversary of diplomatic ties

Beijing Review
May 19, 2022 at 2:00 AM

Chancellor Olaf Scholz tells German parliament ‘Russia must not win this...

Deutsche Welle
May 19, 2022 at 2:00 AM
» read more Climate news...

Corporate News

‘Lifeline’ of renewable energy can steer world out of climate crisis: Guterres

UN Sustainable Development
May 18, 2022 at 10:16 AM

Why bees are essential to people and planet

UN Environment
May 18, 2022 at 2:00 AM

FAO encourages girl guides and scouts to lead climate action around the world

Food and Agrigulture Organization (UN)
Apr 10, 2022 at 2:00 AM
» read more Climate corporate news...

Environment

  • Infrastructure costs: fair contribution versus net neutrality
  • Energy industry’s cybersecurity awareness rises, defence lags
  • Chinese premier stresses faster implementation of macro policies
  • Eco-fascism: The greenwashing of the far right 19.05.2022
  • Jack Dorsey tackles SBF for his comments on Bitcoin scaling and proof of work
  • Rent controls have backfired and worsened crisis, report claims
  • New restrictions on waste exports risk hindering recycling in Europe, industry warns
  • Racing against time and virus, China merits global confidence
  • Why some young Swedes remain uneasy about joining NATO 18.05.2022
  • Crypto Flipsider News – Terra Sells Bitcoin Worth $3.5 Billion as Do Kwon Announces New Recovery Plan; Portugal to Impose Capital Gains Tax; Grayscale Launch ETF for Europe; Nomura Prepares Crypto Subsidiary, and SEBA Enters Crypto with LGT Bank
Environment

€9bn assistance to Ukraine from the EU / Can electric cars harm our health?

Euractiv | May 19, 2022 at 6:24 PM

This week in our Beyond the Byline podcast, we are focusing on the European Commission’s decision to increase the Ukrainian government’s short-term budgetary aid by 9 billion and set up a reconstruction platform to help with financing the rebuilding of the country.

Foreign dignitaries, heads of int’l organizations congratulate CCPIT on 70th...

Beijing Review
May 19, 2022 at 2:00 AM

NATO: Joe Biden backs Sweden, Finland membership bid 19.05.2022

Deutsche Welle
May 19, 2022 at 2:00 AM

Cloudflare to Experiment with Ethereum Nodes in Hopes of a Better Internet

Investing.com
May 18, 2022 at 10:08 PM

Irish Catholic body in US moves to open its doors to women after nearly 200 years

Irish Times
May 18, 2022 at 10:05 PM
» read more Environment news...

Energy › Renewables

  • Russia says more Ukraine fighters surrender in Mariupol; US reopens Kyiv embassy
  • The Green Brief: Quitting Russian fossil fuels is only half the challenge
  • Natural gas responsible for more than half State’s electricity in April
  • Ukraine peace talks stall, officials say — live updates 18.05.2022
  • EU unveils €300 billion plan to reduce its energy dependency on Russia 18.05.2022
  • Productivity gap between North and South to be examined
  • DCC beats market expectations with full-year operating profit up 11.1%
  • Ballymore seeks to repurpose Guinness building as new HQ for Diageo
  • Germany’s Green ‘superheros’: Habeck and Baerbock 17.05.2022
  • Global energy crisis opens possibilities for Israel’s natural gas drillings
Renewables

Farming sector cautious about using CAP funds to drop Russian energy imports

Euractiv | May 19, 2022 at 2:34 PM

Europe’s farming community gave a lukewarm reception to the possibility, suggested by the European Commission, of transferring up to €7.5 billion from the EU’s farming subsidies to the support measures aimed at overcoming dependence on Russian fossil fuels.

K Line opens vehicle terminal powered by renewable energy

LNG World News
May 19, 2022 at 1:38 PM

One tiny company is wrecking the American solar industry – why? 19.05.2022

Deutsche Welle
May 19, 2022 at 2:00 AM

Commission urges overhaul of EU defence to plug ‘critical gaps’

Irish Times
May 18, 2022 at 10:08 PM

EU accepts it will burn more coal in move away from Russian gas

Financial Times
May 18, 2022 at 7:28 PM
» read more Renewables news...

Energy › Oil & Gas

  • Putin: Europe Committing “Economic Suicide” With Energy Sanctions
  • Saudi Aramco Considers Listing $30 Billion Trading Arm As Oil Prices Soar
  • OPEC downgrades forecast for global oil demand growth in 2022 by 0.3 mln to 3.4 mln bpd
  • Asian Refinery Restarts After Two-Year Hiatus
  • Hungary digs heels in over EU embargo on Russian oil
  • War has impacted aviation recovery
  • Ukraine war: Hungary holds up European Union sanctions on Russian oil
  • EU considers more cash for eastern states in bid for deal on Russia oil ban
  • Oil Stocks Plummet As Broader Markets Tanks
  • G7 Pledges To Stop Buying Russian Oil
Oil & Gas

The U.S. Is Considering Sanctioning Countries That Buy Russian Oil

OilPrice.com | May 19, 2022 at 2:30 PM

The U.S. is looking to convince countries to reduce and eventually phase out imports of Russian oil, U.S. officials tell NYT.

<span>Affiliate of Abu Dhabi oil company to list on stock exchange...

Al-Monitor
May 18, 2022 at 9:12 PM

Oil supplies from Russia to China rise by 5% in May, to the Czech Republic –...

TASS Russian News Agency
May 16, 2022 at 7:23 PM

EU ministers urge Hungary to sign up to planned Russian oil embargo

Euractiv
May 16, 2022 at 5:22 PM

Japan art and folklore: Samurai Taira no Tadamori

Modern Tokyo Times
May 16, 2022 at 4:03 AM
» read more Oil & Gas news...

Money › Finance

  • Lynn’s wife ‘didn’t know if he was dead or alive’ after he went to prison in Brazil, court hears
  • Israeli government in minority after MP resigns
  • Construction jobs gap worsened by ‘reluctance to get out of bed for 7am’
  • Hot property: five homes for sale in Brittany, France
  • Google: closure further impoverishes Russian tech, not Alphabet
  • Sri Lanka falls into default for first time in its history
  • Need for new ‘social dialogue’ to address cost of living, says Forsa
  • On a Dublin backstreet, a once-thriving hub of Russian finance is falling apart
  • ECB orders bank s to beef up ‘empty shell’ operations set up after Brexit
  • Ulster Bank Northern Ireland to close nine further branches
Finance

European shares lower as retailers, food and beverage stocks lead falls

Irish Times | May 19, 2022 at 8:44 PM

European shares slumped 1.5 per cent on Thursday, stretching declines to the second straight session, as dismal results from big US retailers underlined the hit from surging inflation on the world’s biggest economy.

Private equity: Kanter must make a better case that roll-ups are bad

Financial Times
May 19, 2022 at 7:55 PM

Russia’s international reserves down by $6.4 bln over week to $585.7 bln...

TASS Russian News Agency
May 19, 2022 at 4:06 PM

Korean Gov’t and Businesses Need to Prepare for IPEF

Chosun Ilbo
May 19, 2022 at 2:37 PM

Lawmakers vote to end free CO2 pollution permits by 2030

Euractiv
May 19, 2022 at 11:16 AM
» read more Finance news...

Money › Stock Market

  • Russian stock indices mixed on Thursday as rubles strengthens
  • Dollar falls below 62 rubles on Moscow Exchange first time since January 2020
  • MOEX, RTS indices decline in early trading session
  • Ruble strengthens against dollar and euro, euro falls below 62 rubles
  • Russian stock market continued to grow on Wednesday
  • Chechnya head says dedicated Banderites should be punished, not exchanged
  • Ruble weakens against dollar and euro as trading on Moscow Exchange opens
  • MOEX and RTS indices up as trading on Moscow Exchange opens
  • Russian stock indices close at positive territory for third day in a row
  • RTS index exceeds 1,200 points for the first time since February 23
Stock Market

Bank of Russia eases rules for banks to sell foreign currency to citizens from May 20

TASS Russian News Agency | May 19, 2022 at 7:53 PM

Russian banks are allowed to sell foreign currency in cash to individuals without restrictions.

Citi promotes Asia-based banker Valderrabano as global wealth COO

Investing.com
May 19, 2022 at 9:02 AM
» read more Stock Market news...

Technology

  • Signs of UK government’s deregulatory agenda are emerging
  • Algorithmic pricing is both efficient and absurd
  • Lonnie Holley and the lyrical vision of the found
  • Smartphone makers cut back and Son changes tack
  • Achieve greater online privacy with 20% off select VPN subscriptions
  • Asian shares tumble after US stocks suffer steepest daily drop since 2020
  • Top US antitrust enforcer pledges crackdown on private equity deals
  • Is Wes Streeting the saviour Labour desperately needs?
  • Defiant Chinese netizens skirt lockdown censorship using blockchain
  • China’s chaotic regulatory crackdown reflects splits among policymakers
Technology

Microsoft woos Brussels as battle over the cloud intensifies

Financial Times | May 19, 2022 at 6:56 PM

…Will the future of global information technology be dominated by a handful of US cloud computing giants, along with one or two Chinese companies operating in a separate sphere of digital influence carved…

Koreans Think AI Is the Future

Chosun Ilbo
May 19, 2022 at 2:14 PM

Ricoh lights up underwater photography with WG-80 rugged camera

New Atlas
May 19, 2022 at 1:06 PM

Jamiroquai to Bring ‘Virtual Insanity’ to The Sandbox Blockchain Metaverse

Bitcoin.com
May 19, 2022 at 6:30 AM

Are European academics helping China’s military? 19.05.2022

Deutsche Welle
May 19, 2022 at 2:00 AM
» read more Technology news...

Corporate News

Digitization in the German trades sector picks up speed

Telekom
May 19, 2022 at 9:00 AM

Signage, Solutions and Sustainability: a Glimpse Into Samsung’s Inno…...

Samsung
May 18, 2022 at 4:18 PM

Microsoft responds to European Cloud Provider feedback with new programs and...

Microsoft EU Policy Blog
May 18, 2022 at 11:45 AM

Hong Kong’s East Rail Line extension opens with Siemens Mobility CBTC technology

Siemens
May 18, 2022 at 2:00 AM
» read more Technology corporate news...

Automotive

  • China’s Geely to Buy Major Stake in Renault Korea
  • Bosch aims to stay profitable in 2022 despite uncertainties
  • Will buying cars online really take off? 03.05.2022
  • Renault to sell its Avtovaz stake for symbolic price
  • U.S. auto sales to fall in April on tight inventories, rising rates – data
  • Car Prices Soar Due to Surging Cost of Raw Materials
  • Polish subsidies make electric vehicles a cheaper alternative 22.04.2022
  • Overseas experts, business leaders see strong resilience in China’s economy
  • China’s leading automaker resumes production in Changchun
  • Hyundai’s Ioniq 5 Named World Car of the Year
Automotive

Hyundai, Kia to Boost Electric-Car Production at Home

Chosun Ilbo | May 19, 2022 at 2:25 PM

Hyundai and affiliate Kia will invest W21 trillion by 2030 to boost electric vehicle production in Korea to 1.44 million a year (US$1=W1,266).

Lobbyists create speed bumps for vehicle emission cuts

Euractiv
May 17, 2022 at 4:06 PM

U.S, E.U will seek to head off subsidy race over chip production, official says

Investing.com
May 15, 2022 at 6:51 PM

Is India’s auto industry ready to go electric? 13.05.2022

Deutsche Welle
May 13, 2022 at 2:00 AM

Russian forces destroy 634 drones, 2,638 armored vehicles in Ukraine operation...

TASS Russian News Agency
Apr 29, 2022 at 1:05 PM
» read more Automotive news...

Corporate News

Volvo Cars makes charging and paying easier than ever for pure electric Volvo drivers

Volvo
May 19, 2022 at 2:00 AM

“Urban culture at the Mercedes-Benz Museum”: Tremendous response for the...

Daimler
Aug 3, 2021 at 2:00 AM
» read more Automotive corporate news...
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