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Climate change made Europe’s extreme drought 20 times more likely, scientists say – POLITICAL

The “fingerprints” of climate change are all over the drought that threatened crops and disrupted power supply in the Northern Hemisphere this summer, scientists say. As record-breaking heat desiccated soils and dried up rivers across Europe, China and the United States, experts called it a glimpse of the new normal – a warning backed by …

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Like it or not, gene-edited crops are coming to the EU – POLITICO

Press play to listen to this article This summer’s drought – thought to be Europe’s worst in at least 500 years – wreaked havoc on crops across much of the Continentparching sunflower fields in Hungary, slashing Spain’s olive harvest by at least a third and threatening the survival of the honey industry in Romania. As …

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Patagonia’s philanthropy won’t fix – and might hurt – the planet | Business and Economy

In September, Patagonia’s billionaire founder Yvon Chouinard grabbed headlines after announcing that he was giving away his company to a trust that will use its profits to combat climate change. Chouinard joins the growing ranks of the megarich “giving back” to causes they care about. Warren Buffet has pledged to give 99 percent of his …

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India plays hardball on UK trade deal as Liz Truss scrambles for a win – POLITICAL

Press play to listen to this article LONDON – India is driving a hard bargain as Britain’s crisis-hit government tries to get a coveted trade deal over the line within weeks. Prime Minister Liz Truss, whose fledgling administration could do with a break amid market turmoil and plunging poll ratings, has ordered her trade chief …

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‘The Fed is breaking things’ – Here’s what has Wall Street on edge as risks rise around the world

Jerome Powell, chairman of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, Sept. 23, 2022. Al Drago | Bloomberg | Getty Images As the Federal Reserve ramps up efforts to tame inflation, sending the dollar surging and bonds and stocks into a tailspin, concern is rising that the …

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US bear market deepens: What that means for you | Financial Markets News

United States stocks slumped further this week as investors navigated a barrage of bad news. Central banks around the world have been scrambling to fight soaring high inflation by increasing the cost of borrowing without hurting long-term growth prospects. Adding to the uncertainty and fear are rising tensions between the West and Russia following Moscow’s …

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Premarket stocks: Markets are hoping Porsche can break the IPO freeze

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN Business – Warnings of global recession are widespread, inflation is persistent and Russia is …

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