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Stocks, bitcoin edge up as investors bank on Fed rate cuts – Reuters
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Light speed stays constant even at extreme energies
Physicists have checked again whether light of different colors travels at different speeds, and once more it seems not to budge.
They timed energetic photons from distant cosmic blasts to see whether high energy ones ever reached their detectors…
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Global analysis shows rising burden of ALS and motor neuron diseases
Background and objectives
Amyotrophic lateral sclerosis (ALS) and other motor neuron diseases (MNDs) are major global causes of death. However, their global incidence, mortality, and disability-adjusted life years remain largely…
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Brazil approves world’s first single-dose dengue fever vaccine
Brazil’s Health Regulatory Agency has issued a marketing authorisation for the dengue fever vaccine developed by the Butantan Institute. It is the world’s first immunisation product against the disease that…Continue Reading
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Champions League Team of the Week: Matchday 5 | UEFA Champions League
The Team of the Week, presented by Crypto.com, is chosen by the UEFA Technical Observer Group, which has an experienced observer watching each match and is supported in its selections by the UEFA Game Insight Unit in Nyon,…
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Get $100 Off Slim, Digital, Pro, and Ghost of Yotei Editions
Why we love this PS5 deal
You don’t have to be a serious gamer to know that the PS5 is one of the best consoles you can choose. It’s synonymous with powerful performance, beautiful graphics, and beloved exclusive…
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FIA initiates action against social media accounts spreading reports of arbitrary offloading of passengers – Dawn
- FIA initiates action against social media accounts spreading reports of arbitrary offloading of passengers Dawn
- Amid reports of arbitrary offloading of passengers, FIA official says only those without valid documents being barred from travelling…
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Banking giant announces new £10bn office
PA MediaThe new development could bring 7,800 jobs to the area Global banking giant JP Morgan Chase has announced plans to build a new tower in Canary Wharf, claiming it will boost the UK’s economy by £10bn.
The firm said at three million square feet (280,000 sq m), the building would have double the space of Britain’s current tallest building, the Shard.
It will hold about 12,000 of its staff and be its most significant presence in Europe, the Middle East and Africa (EMEA).
The announcement follows the Budget, which the government said was aimed at boosting growth and in which banks escaped target tax rises which many in the industry had feared.
The design of the new tower, including the height, is still being discussed.
Construction is set to take six years and will begin as soon as it gets necessary approvals, JP Morgan said.
The decision to remain in Canary Wharf is a big win for the financial district, which struggled to retain tenants after the Covid-19 pandemic but is enjoying a rebound as companies increasingly demand that staff return to the office.
Last year, Reuters reported the banking firm was weighing options in London after outgrowing its existing 33-storey tower in Canary Wharf. It is now considering its options for that building.
The new headquarters will be built on Riverside South, which JP Morgan bought in 2008 – but shelved plans following that year’s global financial crisis.
It said an independent study estimated the project could contribute about £9.9 billion to the UK economy over the next six years – taking into account the building work for the development.
‘Defining moment’
Chief executive Jamie Dimon said the UK government’s “priority of economic growth” had been “a critical factor” in helping them make this decision.
“This building will represent our lasting commitment to the City, the UK, our clients and our people,” he added.
Chancellor Rachel Reeves called the move a “multi-billion pound vote of confidence in the UK economy”.
Speaking to BBC Radio 4 Today’s programme, she said: “Companies can invest anywhere – they are choosing Britain because they like what they heard in the Budget.”
Shobi Khan, CEO of Canary Wharf Group (CWG), called JP Morgan’s decision a “defining moment” for the district.
In recent years, most of the new construction work in Canary Wharf has been residential, and the office vacancy rate for the wider Docklands area of 15% is higher than the London average of 10.4%, according to industry data.
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Nasa reiterates backing for Europe’s delayed Mars rover mission
Nasa has confirmed it will continue supporting the European Space Agency’s Rosalind Franklin Mars rover, which is now slated for a 2028 launch after a series of setbacks. The ESA announced the update on Wednesday during its ministerial…
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Global partnership aims to accelerate the electrification of construction machinery
The Climate and Clean Air Coalition (CCAC), the International Council on Clean Transportation (ICCT), and C40 Cities today announced a strategic partnership to accelerate the global transition to zero-emission non-road mobile machinery, beginning with construction equipment. The collaboration will scale city, national, and regional efforts to replace diesel-powered machinery with electric alternatives—cutting climate pollutants, improving urban air quality, and supporting a just transition for workers and industry.
The non-road sector—comprised mostly of construction and agricultural machinery—emits over 1 billion tonnes of CO2, 3 million tonnes of methane (CH4), and 250,000 tonnes of black carbon (BC) annually, exceeding the climate footprint of the global maritime sector. Construction machinery alone contributes around 40% of those emissions, making it one of the largest and most immediate opportunities for action.
Norway’s Minister of Climate and Environment, Andreas Bjelland Eriksen, launched the partnership during an event at the Super Pollutant Solutions Pavilion. “This collaboration will be key to elevate non-road emissions onto the climate agenda. The electrification of construction machinery is a good starting point, where Norway and the City of Oslo have relevant experience. A key point to succeed is to dismantle barriers to adoption”.
“Non-road machinery is the next frontier to help us tackle climate change and air pollution,” said Martina Otto, Head of Secretariat, Climate and Clean Air Coalition (CCAC). “Electrifying construction equipment is a fast and very visible way to cut black carbon—a powerful short-lived climate pollutant—while delivering a quieter and healthier environment, for workers and citizens. This partnership combines policy leadership, technical expertise, and on-the-ground know-how to take this turn .”
The benefits go beyond climate. In major markets, non-road equipment drives 50–70% of particulate matter (PM) and about 30% of nitrogen oxide (NOx) from mobile sources—key drivers of poor air quality and ozone formation. Replacing diesel engines with electric motors helps cities move toward World Health Organization air-quality guidelines and delivers immediate health benefits for urban residents.
Encouragingly, more governments are setting zero-emission transformation goals and policies for the non-road sector, supported by rapid technological progress and a growing market. Electric machinery has advanced across equipment types—including compact loaders and excavators—with model offerings expanding and performance increasingly matching diesel in key duty cycles. Manufacturers are investing in electrified product lines, signaling a clear shift from niche pilots to broader market readiness.
“We’re seeing remarkable technological progress in the non-road sector,” said Drew Kodjak, President and CEO at ICCT. “Dozens of electric models are now available across construction machinery categories, and governments are beginning to align industrial, air-quality, and climate policy to accelerate adoption. This partnership will connect technology, policy, and implementation—helping countries and cities design and implement the standards, incentives, and procurement frameworks that make zero-emission construction machinery the norm.”
Cities are central to this effort. They experience the brunt of construction-site noise and pollution, and most construction happens within city limits. Cities are already showing electrification is possible through pilots and procurement. “Cities are on the front line of both the problem and the solution,” said Mark Watts, Executive Director at C40 Cities. “By electrifying construction equipment, we protect residents’ health, reduce noise, and cut climate pollution. Working with CCAC and ICCT, we’ll help cities move from pilots to full-scale deployment—setting policies that align clean-construction equipment supply and demand and drive a fair, resilient transition for all.”
This partnership marks a turning point for an often-overlooked sector. Together, the CCAC, ICCT, and C40 will elevate non-road equipment on the global climate agenda to unlock the attention and investment needed for large-scale transformation.
C40 is a network of nearly 100 mayors of the world’s leading cities collaborating to deliver the urgent action needed to confront the climate crisis and create a future where everyone, everywhere, can thrive.
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