George Russell


EVs to be cheaper as transition puts jobs on line

EVs to be cheaper as transition puts jobs on line

(ATF) Electric vehicles (EVs) will soon be cheaper to build than fossil-fuel competitors across Europe within six years, but the transition could put jobs at risk, according to studies released this week.Carmakers are shifting en masse to electric and hybrid models in order to bring average fleet emissions under a …

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Funds warn Toyota of divestment risk over carbon emissions

Funds warn Toyota of divestment risk over carbon emissions

(ATF) Toyota Motor is under fire from some shareholders after Akio Toyoda, the company's president, questioned Japan's plans to ban internal combustion engines.As well as defying global moves towards reducing carbon emissions, the shareholders said Toyota risks falling behind competitors that are rolling out electric vehicles (EVs).The five investors, who …

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Taiwan leader offers help to EU over chip shortage

Taiwan leader offers help to EU over chip shortage

(ATF) Taiwan's president offered on Monday to work with the European Union to boost its supply of semiconductors in the face of a global shortage.Tsai Ing-wen said Taipei wanted to work with other democracies to ensure a more "resilient supply" of crucial goods "Taiwan will continue to engage with the …

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Japanese public turns against Olympics as virus rages again

Japanese public turns against Olympics as virus rages again

(ATF) Japanese officials are hurtling towards a deadline for the pandemic-hit Olympic Games, scheduled to start in July, as public opinion turns against holding the event amid a crippling fourth wave of Covid-19.Japanese Prime Minister Yoshihide Suga said on Monday that he has never "put the Olympics first", as an …

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Car production cuts far from over as parts makers signal woes

Car production cuts far from over as parts makers signal woes

(ATF) US automotive parts suppliers have warned of more production cuts at major automakers as a global semiconductor chip shortage worsens.Ford has said the chip shortage would halve its vehicle output in the second quarter.Volkswagen has said it is in "crisis mode" over the lack of badly needed chips, with …

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Move over, bitcoin and dogecoin, as ethereum takes spotlight

Move over, bitcoin and dogecoin, as ethereum takes spotlight

(ATF) As bitcoin sputters and dogecoin took a hit from Elon Musk’s lukewarm response on Saturday Night Live, ethereum has outperformed major digital currency rivals this year.The cryptocurrency with the second-largest market capitalisation after bitcoin has been bolstered by the surge in decentralised finance but faces technical hurdles.With a jump …

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Kyrgyz court fines Canadian miner $3.1 billion over pollution

Kyrgyz court fines Canadian miner $3.1 billion over pollution

(ATF) A court in the central Asian nation of Kyrgyzstan has fined a Canadian gold mining company $3.1 billion for environmental pollution, in a prelude to nationalising operations at the country’s biggest gold mine.Koumtor Gold Company (KGC), part of Canada’s Centerra Gold group, was accused of stocking waste for years …

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