El Niño looks to reach an intensity unprecedented in recorded history. Characterized by warmer-than-normal sea surface temperatures in the equatorial Pacific, El Niño occurs every few years. Meteorological agencies and researchers around the world are on high alert because when the heat stored in the ocean is released into the atmosphere, it triggers a chain
Middle Eastern oil producers are pressing ahead with shuttling large volumes of crude out of the Persian Gulf, helping keep a lid on prices and assuaging fears of an energy-driven inflation spike, even as the Iran war drags on. The trade of ferrying oil through the Strait of Hormuz undetected to transfer the barrels onto
The first U.S.-Japan joint intervention in three decades aimed at boosting the yen has come and gone without doing much to ease anxiety in currency markets. Treasury Secretary Scott Bessent’s notepad suggested the U.S. bought $5 billion-$10 billion worth of yen, while Japan’s move topped $50 billion. The exchange rate initially strengthened to about 157 yen per
Here we develop an integrated modelling framework to project PV waste generation across 32 global regions and to quantify the environmental and economic benefits of alternative recycling strategies that will inform policy design (Extended Data Fig. 1 and Supplementary Table 3). The framework consists of three interconnected components. First, material price trajectories are generated and
A new filing in a lawsuit from a fired WPP executive alleges that Sony, one of the ad giant’s major partners, investigated the company and concluded it had improperly withheld rebates from clients. The lawsuit says that Sony presented the findings of its investigation to WPP in 2025 in a detailed analysis that said the
TOKYO — Global shares were mostly higher on Thursday, powered by gains for AI-related stocks including computer chips. France’s CAC 40 edged up 0.1% in early trading to 8,685.40, while the German DAX added 0.4% to 26,445.93. Britain’s FTSE 100 shed 0.4% to 10,791.07. U.S. shares were set to drift moderately higher with Dow futures