FLOODING IN WESTERN EUROPE R
Shein pledges to invest in UK and Europe ahead of potential IPO
Fast fashion retailer Shein said it would invest 250 million euros ($271 million) over five years in the UK and Europe as the company battles criticism of its model based around flying cheap clothes and accessories from factories in China direct to shoppers worldwide.
Few Chinese electric cars are sold in U.S., but industry fears a flood
American automakers expressed their approval of the Biden administration's decision on Tuesday to levy a 100% tariff on electric vehicles imported from China. They stated that these vehicles could undercut billions of dollars of investments made in electric vehicle and battery manufacturing facilities in the United States.
Climate change hardly a burning issue for Indian voters
Unprecedented climate change disasters are impacting India, but political parties and voters are largely overlooking the issue during the elections. Only regional party DMK has concrete climate change plans. In contrast, Europe prioritizes climate action in elections. Indian voters are more focused on traditional issues like unemployment and inflation.
Warmest April ever fuelled weather extremes across globe: WMO
The World Meteorological Organization (WMO) confirmed that April was the warmest on record globally, marking the eleventh consecutive month of record-high temperatures. This trend is attributed to a combination of naturally occurring El Nino events and the additional energy trapped in the atmosphere and ocean due to greenhouse gases from human activities. The average temperature in April was 1.58 degrees Celsius higher than the pre-industrial reference period, with sea surface temperatures reaching record highs for the past 13 months.
Say goodbye to potatoes being as cheap as chips
Europeans eat among the highest quantity of potatoes per capita of any region in the world — about 90 kilograms on average a year.
Tata Chemicals’ US & Europe exports to experience margin compression next year: R Mukundan
R Mukundan says the domestic markets where Tata Chemicals has strong presence, have more or less stabilised and would continue to be range-bound. In terms of exports out of the US and Kenya, the next full year would see a recovery up from the $100 dip that will be seen in the next quarter.
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Communism as a fling: N.R. Narayana Murthy's ideological journey and lessons for today's youth
Some thought Marxism would die after the collapse of the USSR. But they were wrong. Every year, close to a billion youngsters reach the age of 20. Like the young Murthy, they will be attracted to socialism and its emphasis on equality. Like him, they will have to learn of its unexpected consequences.
Travel planning 101: 52 places you must visit in 2024
Planning your next holiday? Consider adding these destinations to your itinerary for the perfect vacation.
Extreme cold grips Nordic countries; snowstorms disrupt travel and schools
In northern Sweden, temperatures plummeted below -40C for the second consecutive day on Wednesday. On Tuesday night, Kvikkjokk-Årrenjarka in Swedish Lapland recorded -43.6C, marking the lowest January temperature in the country in 25 years.
Extreme cold grips Nordic countries as floods hit western Europe
For the second consecutive day, temperatures plummeted below minus 40 degrees Celsius (minus 40 degrees Fahrenheit) in the Nordic region. In Kvikkjokk-Arrenjarka, Swedish Lapland, the mercury hit a bone-chilling minus 43.6 C (minus 46.5 F), marking the lowest January temperature recorded in Sweden in a quarter-century, according to Sweden's TT news agency.
Extreme cold grips Nordic countries as floods hit western Europe
Extremely cold temperatures, snow and gale-force winds disrupted transportation throughout the Nordic region, with several bridges closed and some train and ferry services suspended. Several schools in Scandinavia were closed. Mild but wet and windy conditions prevailed further south, where a storm wreaked havoc in parts of western Europe.
Parts of northern and central Europe continues to struggle with floods
In Dresden, the Elbe River reached nearly 4 meters (13 feet) above its normal level, reported the German news agency dpa. Downstream, the Pretziener Wehr, a flood barrier dating back to the 1870s and renovated in 2010, was opened for the first time since the major floods in 2013.
Travel in 2023: 12 months that 'took chaos to a new level'
This year "took chaos to a new level," said Henry Harteveldt, a travel industry analyst for Atmosphere Research. "It seems that the world is on fire and the travel industry and travelers are affected by all of these disruptions everywhere."
Europe to double spending on generative AI in 2024: Infosys Research
The pace of investment is slower than in North America where spend is expected to reach close to $6 billion next year, according to the Generative AI Radar 2023 – Europe report.
UK braces for freezing temperatures as Storm Babet wreaks havoc, EA issues ‘risk to life’ alert
The United Kingdom continues to grapple with a significant weather crisis, as Storm Babet, responsible for six fatalities already, maintains its relentless assault across the nation. The Environment Agency (EA) has issued a warning, stating that flooding from major rivers could endure until Tuesday, with some areas facing a "risk to life" due to the storm.
4,000-year-old rock transformed into a 'treasure map' for researchers to detect ancient sites in France
A piece of rock with mysterious markings that lay largely unstudied for 4,000 years is now being hailed as a "treasure map" for archaeologists, who are using it to hunt for ancient sites around north-western France. But the team are only just beginning their treasure hunt.
Libya: Storm Daniel triggers severe rain and floods, 10000 missing; Know what happened
Libya has been hit hard by Storm Daniel, resulting in catastrophic flooding in the eastern part of the country. Here's what happened:
Discuss repatriation of Indian kids taken away by child agencies abroad: Retired judges to G20 leaders
The retired judges suggested that return to a safe placement in the home country is a more humane and compassionate solution for such children than leaving them in foreign state custody for the entirety of their childhoods.
Europe is world's fastest warming continent: Climate report
Crop-withering drought, record sea-surface temperatures and unprecedented glacier melt are among the consequences laid out in a report by the World Meteorological Organization and the European Union's Copernicus Climate Change Service.
Ukraine dam supplying water to Crimea, nuclear plant is breached, unleashing floods
A blast in in the Kakhovka dam of southern Ukraine has unleashed water across the war zone. Both the sides, Russia and Ukraine have refused to take the responsibility of the blast. The dam was built as a part of the Kakhovka hydroelectric power plant.
These midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 25%, according to analysts
ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users.
Europe hotting up, 15700 deaths linked to heatwave in 2022: WMO report
Climate change is also affecting recurring events in nature, such as when trees blossom, or birds migrate. Climate change has important consequences for ecosystems and the environment. For example, a recent assessment focusing on the unique high-elevation area around the Tibetan Plateau, the largest storehouse of snow and ice outside the Arctic and Antarctic, found that global warming is causing the temperate zone to expand.
View: Europe's floods proved one thing. India sells disaster differently
In the middle of July, I started getting messages from people I knew and people I didn’t. ‘Are you okay?’ Was I okay? I was better than okay, I thought. I’d just relocated to Berlin. The nightmare of the past year-and-a-half locked up in our flat in Delhi seemed to fast fading.
India monsoon death toll climbs to 159, dozens still missing
The country's western coast has been inundated by torrential rains since Thursday, with the India Meteorological Department warning of further downpours over the next few days.
Europe flooding toll over 180 as rescuers dig deeper
Although rain has stopped in the worst-affected areas of Germany, Belgium and the Netherlands, storms and downpours have persisted in other parts of western and central Europe. There was flooding Saturday night in the German-Czech border area, across the country from where last week's floods hit, and in Germany's southeastern corner and over the border in Austria.
Death toll from Europe floods tops 150 as water recedes
Police said that more than 90 people are now known to have died in western Germany's Ahrweiler county, one of the worst-hit areas, and more casualties are feared. On Friday, authorities gave a death toll of 63 for the whole of Rhineland-Palatinate state, where Ahrweiler is located.
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