Environment
Tesla’s Europe sales plunge 49% on brand damage, rising competition
Elon Musk interviews on CNBC from the Tesla Headquarters in Texas. CNBC European sales of Tesla vehicles plunged in April, as the U.S. electric carmaker continues to face reputational damage regionally and rising competition. Tesla sold 7,261 cars in Europe in April, down 49% year-on-year, according to the European Automobile Manufacturers’ Association (ACEA). That drop […]
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Moscow is getting tetchy as the West zones in on the Arctic for resources and security
“We will not supply gas, oil, coal, heating oil — we will not supply anything,” Putin said. Sergei Karpukhin | Afp | Getty Images Russia has long been the geopolitical kingpin of the Arctic, with deeply-embedded military, commercial and strategic investments in the region. But now that the U.S. and NATO are pivoting their focus […]
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Insurers brace for impact as NOAA predicts above-average hurricane season
John Cangialosi, Senior Hurricane Specialist at the National Hurricane Center, inspects a satellite image of Hurricane Beryl, the first hurricane of the 2024 season, at the National Hurricane Center on July 1, 2024 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images Government scientists on Thursday released a forecast for the 2025 […]
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Need a home mortgage? Here’s how climate change could hit your credit score
A real estate sign stands in front of a burnt property, following the Palisades Fire at the Pacific Palisades neighborhood in Los Angeles, California, U.S. Jan. 13, 2025. Mike Blake | Reuters Anyone shopping for a mortgage knows how far into your finances lenders like to dive in order to determine your credit-worthiness. But here’s […]
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Meet the sustainable fashion startup backed by H&M and Amazon
An H&M store in New York City on Nov. 19, 2024. Charly Triballeau | AFP | Getty Images When Gilberto Loureiro spent summers working in a textile factory as a teenager growing up in Portugal, he discovered that he felt “hate and love” for how clothes were produced. The work was tough: Loureiro’s job was […]
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The EU wants to end all Russian gas imports. Moscow’s friends in the bloc say it’s a ‘serious mistake’
Russian President Vladimir Putin and Hungarian Prime Minister Viktor Orban during their joint press conference at the Kremlin on July 5, 2024. Contributor | Getty Images News | Getty Images Russia’s allies in Eastern Europe say Brussels plans to end all Russian gas and energy imports in the coming years are tantamount to “economic suicide” […]
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Tech giant Seagate sees hard drive capacity tripling by 2030 on booming AI demand
Seagate Technology’s headquarters in Scotts Valley, California. Tony Avelar | Bloomberg | Getty Images Data storage firm Seagate is working to develop a 100-terabyte hard drive by 2030, touting blistering demand from data centers for the 70-year-old technology in the artificial intelligence boom. BS Teh, Seagate’s chief commercial officer, told CNBC that the company is […]
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Rich countries ‘owe it to the world’ to get themselves down to net zero emissions: Bill Gates
Bill Gates at The 11th Breakthrough Prize Ceremony held at Barker Hanger on April 05, 2025 in Santa Monica, California. (Photo by Gilbert Flores/Variety via Getty Images) Gilbert Flores | Variety | Getty Images SINGAPORE — Rich countries “owe it to the world” to get themselves down to net zero emissions, according to Microsoft founder […]
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