Vodafone Group has officially concluded the sale of its Italian operations to Swiss telecom giant Swisscom for €8 billion ($8.3 billion), as part of a wider restructuring effort across Europe. This transaction, finalized on Thursday, is a key element of Vodafone’s strategy to streamline its business and focus on high-growth areas. This follows the announcement […]
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Texas based Fervo Energy has successfully raised $255 million to accelerate the deployment of its innovative geothermal power projects, with a focus on enhanced geothermal systems (EGS). The funding, which includes $135 million in equity, is being led by Capricorn’s Technology Impact Fund II and supported by prominent investors such as Breakthrough Energy Ventures, CalSTRS, […]
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Poland’s state-owned power-grid operator, PSE, has announced an ambitious $15.4 billion investment initiative aimed at modernizing and expanding the country’s electricity grid to accommodate a growing share of renewable and nuclear energy. The comprehensive plan, set to unfold between 2025 and 2034, includes the construction of new power lines, the modernization of existing infrastructure, and […]
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The cholera outbreak was detected in the camp in early October and subsequently confirmed by laboratory tests. Because Al Hol does not have a specialist treatment centre for acute watery diarrhoea, it is crucial that as many people are vaccinated as quickly as possible, the UN Children’s Fund, UNICEF, insists. “For the first time we […]
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China’s Ministry of Commerce has announced on Thursday 2, Jan 2025 that it will impose restrictions on 28 U.S. entities, including prohibiting the export of dual-use items to these companies starting on the sameday (02/01/2025). The move is a response to concerns over national security and China’s broader strategic interests, adding to the escalating trade […]
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In a significant move towards sustainable finance, Qatar has successfully issued $2.5 billion in green bonds in 2024. This landmark issuance marks a pivotal step in the country’s commitment to advancing its environmental goals and transitioning to a more sustainable economy. The green bond proceeds will be directed towards financing projects that support Qatar’s efforts […]
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Six months have passed since Julian Assange was released from prison, marking a brief respite after his 14-year legal and personal ordeal. However, despite this temporary freedom, Assange’s fight for justice remains unresolved. The Australian journalist, known for founding WikiLeaks and publishing classified government materials, continues to battle the consequences of his plea agreement with […]
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Portugal’s commitment to renewable energy has reached a significant milestone, with renewable sources accounting for 71% of the country’s total electricity generation in 2024. This achievement underscores the nation’s ongoing transition towards a more sustainable and resilient energy system, driven by investments in wind, solar, and hydroelectric power. Key Contributors to Renewable Energy Growth The […]
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Regina De Dominicis – who also heads the agency’s Europe and Central Asia Regional Office – issued her plea for action after another small boat sank off the coast of the southern Italian island of Lampedusa on New Year’s Eve. “Among the seven survivors is an eight-year-old child whose mother is among those unaccounted for. […]
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The U.S. Commerce Department announced on Thursday that it is considering new regulations that could impose restrictions or outright bans on Chinese-made drones, citing concerns over national security. This potential move comes in the wake of a recent escalation in trade tensions, with China imposing its own restrictions on 28 U.S. companies. These developments highlight […]
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