“Indonesia has the potential to be a regional and even global champion in the future green economy,” said Porwanto. Other than supplying raw materials such as nickel — Indonesia has the world’s largest reserves of the metal used in batteries — the country could also be a centre for EV production and carbon monetisation, he said.

Nato secretary-general Jens Stoltenberg said on Friday that he expected new pledges of air defence supplies “will be announced soon” but did not provide any details of the countries or weaponry involved

The risk of a broader conflict in the Middle East threatens to reverse a surge in the price of riskier assets since the start of the year, the IMF’s top financial stability official has warned.

“I have seen four different schemes or proposals to circumvent what many other jurists or lawyers — including in some administrations in this country — regard as a very serious legal obstacle that can be construed as a violation of the legal international order.” She added that work was “ongoing” on the proposals.

European airlines, airports and air traffic controllers have made sweeping changes to their operations as the aviation industry tries to avoid another summer of disruption for passengers.

“In general the whole of the industry is better prepared . . . but you can never be complacent and relaxed,” said Johan Lundgren, chief executive of easyJet, the UK low-cost airline.

Korean construction group Booyoung is offering workers a $ 75,000 bonus for each baby they produce, one of many eye-catching incentives on offer as politicians and companies grapple with the country’s demographic crisis.

Chinese drug company Akeso Inc. (9926.HK) has pushed its way into profit in the biopharma industry’s most competitive arena, developing new ways to help the immune system defeat cancer.

Traders are betting on a tighter copper market in coming months, as disappointment over China’s stumbling economic growth is overtaken by fears of a squeeze on global supplies.

Lawmakers in US state capitals are seeking to stifle development of “lab-grown” tuna, pork and other animal proteins, taking a stand against a novel food technology backed by investors such as Bill Gates and Jeff Bezos.