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Renault reorganises towards electric future
French automaker Renault presented its green revamp to investors Tuesday, splitting its operations in two: a new electric vehicle unit and a subsidiary for thermal and hybrid assets that will pair up with China's Geely. At an investor day in Paris on Tuesday, Renault outlined its green transformation.
Swedish PM tries to win Turkey over on its NATO membership
Swedish Prime Minister Ulf Kristersson was due to meet President Recep Tayyip Erdogan in Ankara on Tuesday in a top-level bid to persuade Turkey to drop its opposition to Sweden joining NATO. After Russia invaded Ukraine, Sweden and Finland abandoned their long-standing policy of military non-alignment and in May applied to join the transatlantic alliance.
Global South needs $2 trillion a year to tame, cope with climate
Developing and emerging countries -- excluding China -- need investments well beyond $2 trillion annually by 2030 if the world is to stop the global warming juggernaut and cope with its impacts, according to a UN-backed report released Tuesday. Current investments in emerging and developing economies other than China stand at about $500 billion.
Australian insurer warns of 'distressing' hack threat
A major Australian health insurer warned Tuesday of a "distressing" threat by a purported hacker to release client data within 24 hours, following a hack affecting 10 million people. On Tuesday, an anonymous poster on a hacking blog -- widely cited by Australian media -- said that data from the Medibank hack "will be publish in 24 hours".
US votes with Biden agenda at stake - and Trump in the wings
Americans vote Tuesday in crucial midterm elections that could decide the political future of both President Joe Biden and his predecessor Donald Trump -- who has all but announced he will seek the White House again in 2024. The outcome will likely determine whether Biden, who turns 80 this month and is the oldest president ever, will seek a second term in 2024 -- or step aside. bur-wd-ec/st
Former Spanish king appeals against UK harassment lawsuit
Spain's former king Juan Carlos I on Tuesday resumes a UK court battle over harassment claims by his former lover, seeking confirmation of his legal immunity as a royal. In March, the High Court in London rejected Juan Carlos's claim that English courts had no jurisdiction to hear the case because he has state immunity as a royal.
Twitter takeover raises fears of climate misinfo surge
Climate deniers looking to block action and "greenwashing" companies could have free rein on Twitter after Elon Musk's takeover, analysts warned as leaders pursued anti-warming efforts at the COP27 summit.
The weakest link? North Korea's crumbling air force
North Korea on Tuesday described its record-breaking blitz of missile launches last week as a "just counteraction" to the biggest-ever US-South Korea air exercises. Last week, many of North Korea's missile launches were drills simulating the destruction of enemy air force bases.
Renault to reorganise towards electric future
French automaker Renault will pitch investors Tuesday on its planned green revamp, with two spin-offs: a new electric-vehicle unit and a subsidiary for thermal and hybrid assets. At an investor day in Paris on Tuesday, Renault is expected to outline its green transformation.
AFP
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