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Business: Page 3

$72m affordable housing development underway in Downtown Brooklyn, N.Y.
Downtown BrooklynFriday June 21, 2019 5:23PM ET
Construction on Nevins Street Apartments, a $72 million mixed-use affordable and supportive housing development in Downtown Brooklyn has begun.
U.S. drillers add oil rigs for first week in three
U.S. oil rig countFriday June 21, 2019 3:53PM ET
U.S. energy firms increased the number of oil rigs operating for the first time in the past three weeks.
Russia to calculate Druzhba compensation to Belarus after 2019
DruzhbaFriday June 21, 2019 8:29AM ET
Russia presumes that compensation to Belarus for contaminated oil in the Druzhba pipeline will be assessed after 2019, Sergei Prikhodko, first deputy head of the Russian government administration, told reporters on Friday.
Group sues Trump administration for withholding information on mining decision
Boundary Waters CanoeFriday June 21, 2019 7:19AM ET
The Wilderness Society filed a lawsuit in federal district court in Washington.
Britain’s clean energy system achieves historic milestone in 2019
Wind energyFriday June 21, 2019 5:52AM ET
This year, for the first time since the Industrial Revolution, more of Britain’s electricity production will come from zero carbon energy sources, than fossil fuels.
Multilateral development banks climate finance hit record high of US$ 43.1 billion in 2018
Wind energyFriday June 21, 2019 5:09AM ET
Climate financing by the world’s largest multilateral development banks (MDBs) in developing countries and emerging economies rose to an all-time high of $43.1 billion in 2018, boosting projects that help developing countries cut emissions and address climate risks.
Norway plans to halve emissions from shipping and fishing by 2030
Norwegian merchant shipFriday June 21, 2019 4:23AM ET
Norway on Thursday announced a new action plan for green shipping that will help halve emissions from shipping and fishing by 2030.
Turkey sends new drilling ship to eastern Mediterranean amid tension
drilling vessel, YavuzFriday June 21, 2019 4:22AM ET
Turkey on Thursday sent a new drilling vessel to the eastern Mediterranean, risking more strain in ties with its Western allies.
Impressive NKT 525kV NordLink power cable reaches Germany
NordLink power cableWednesday June 19, 2019 10:34AM ET
NKT is in charge of designing, manufacturing and installing more than 400km of the 525kV mass impregnated cable system in the German part of the project connecting Norway and Germany.
Gig economy absorbs 7 percent of Australia's workforce
Australia's workforceWednesday June 19, 2019 7:50AM ET
Seven percent of Australia\'s workforce are now employed in the gig economy, according to new research commissioned by the Victoria State Government.
Only eight EU countries to phase out coal by 2030
coalWednesday June 19, 2019 7:46AM ET
The EU said that eight of its 28 member countries aim to phase out coal-powered electricity by 2030.
Foreign tourists' spending in South Korea posts double-digit fall in Q1
Tourists in South KoreaWednesday June 19, 2019 7:21AM ET
Foreign tourists\' spending in South Korea posted a double-digit fall in the first quarter.
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