Cruise industry takes first ‘green’ steps

The cruise industry, long criticised for polluting the environment, is slowly trying to go greener by exploring new technologies, from hybrid solutions to high-tech sails.- Dirty sector -Cruises get a bad reputation for their climate footprint and even more for the air pollution they generate. Most cruise ships run on heavy fuel, which is cheap but…

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In Lebanon, a renowned central bank governor faces attack

LONDON (Reuters) - It was 2008 and unlike many countries, Lebanon was sailing through the worst global downturn in 80 years largely unscathed. FILE PHOTO: Lebanon's Central Bank Governor Riad Salameh speaks during a news conference at the central bank in Beirut, Lebanon, November 11, 2019. REUTERS/Mohamed Azakir/File PhotoWith a booming economy and resilient banks,…

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China cruised its first domestically constructed attack aircraft carrier through the tense Taiwan Strait on the way to the South China Sea

China sailed its first domestically built carrier through the Taiwan Strait on Sunday, which Taiwan denounced as a provocation as election campaigning gets underway on the island country.China's navy said the carrier, which is not expected to enter service until 2020, was on its way to the South China Sea.Visit Business Insider's homepage for more…

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What went on within SoftBank-backed Fair as it burned through money– plus fresh proptech financing and JPMorgan’s brand-new VC coverage group

Hello readers,SoftBank is in a "rough sea" — or at least, that's how its CEO, Masayoshi Son, describes it. That may be putting it lightly. SoftBank Group this week reported a $6.4 billion quarterly operating loss thanks to massive writedowns on WeWork, Uber, and other investments by SoftBank and its Vision Fund. And as we're reporting, the…

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Canadian islanders angry over US mail searches

Image copyright Portland Press Herald via Getty Images Image caption Former US president Franklin Roosevelt used to holiday on Campobello Campobello, a small Canadian island on the southwestern tip of New Brunswick, is only accessible year-round by bridge from the US state of Maine. US Customs agents have recently begun intercepting mail sent by Canada's…

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One killed as typhoon hits Philippines, hundreds of flights halted

MANILA (Reuters) - A typhoon struck the Philippines on Tuesday, killing at least three people, disrupting air travel and forcing government offices and schools to shut.Authorities evacuated some 225,000 people ahead of the arrival overnight of Typhoon Kammuri, known locally as Tisoy. Officials said their precautions prevented greater loss of life,while warnings of floods, storm…

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Is The Future Lastly Looking Up For Gilead Sciences?

It’s been a rough ride for Gilead Sciences. But the biotech may soon be sailing through smoother seas. Gilead Sciences (NASDAQ:GILD) has had a tough time over the last several years, with its shares falling over 40% since 2015. This price performance has been driven by a collapse in earnings, with earnings per share (EPS)…

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