Aircraft are responsible for 2.5% of global CO2 emissions and the problem is growing. Hydrogen could be a solution, drawing interest from Airbus and startups.Story Published at: May 11, 2023 at 01:30PM
Why Airbus and others are betting on hydrogen-powered planes instead of electric planes
The Ukraine war is driving a wedge between Moscow and its mercenaries — and the Kremlin knows it
Prigozhin’s very public criticism of Russia’s military leadership this week has made it impossible for the Kremlin to ignore.Story Published at: May 11, 2023 at 12:52PM
Dubai-based airline Emirates logs record profits of $3 billion as passenger numbers surge by 123%
Emirates posted a $1.1 billion loss in May 2022, following a $5.5 billion loss in May 2021, as the airline was heavily impacted by the Covid-19 pandemic and soaring fuel prices.Story Published at: May 11, 2023 at 10:33AM
German minister calls for maturity on U.S. debt ceiling talks: ‘We have to avoid further risks’
Time is running out for an agreement, with U.S. Treasury Secretary Janet Yellen warning earlier this month that without a deal, the largest economy in the world could default by June 1.Story Published at: May 11, 2023 at 10:19AM
SoftBank posts record $32 billion loss at its Vision Fund tech investment arm
SoftBank’s Vision Fund segment posted a 4.3 trillion Japanese yen ($32 billion) loss for its fiscal year ending Mar. 31. Story Published at: May 11, 2023 at 07:21AM
These European countries are pushing to legalize weed — but the EU is not on board
Calls to legalize cannabis are mounting in Europe as more countries seek to replicate progressive moves by Canada and parts of the U.S. to greenlight the drug.Story Published at: May 11, 2023 at 06:31AM
Consumer prices in China rose 0.1% in April, the slowest rate in two years
Economists surveyed by Reuters expected to see consumer prices rise 0.4% from a year ago and remain unchanged from the previous month.Story Published at: May 11, 2023 at 02:35AM
Trump pushes false election claims, mocks Carroll sex abuse verdict during CNN town hall
The town hall comes one day after a jury found Donald Trump liable for sexual abuse and defamation in a civil case brought by writer E. Jean Carroll.Story Published at: May 11, 2023 at 01:36AM
CNBC Daily Open: Slowing inflation didn’t excite investors
Slowing inflation elicited only a muted response from markets, suggesting that investors are preoccupied with other concerns.Story Published at: May 11, 2023 at 12:44AM
Hyundai explains how it plans to become one of the world’s top three EV makers by 2030
The automaker is investing heavily in research and development, building new plants and platforms as well as expanding EV lines and production capacity.Story Published at: May 11, 2023 at 12:46AM