In the battle against wildfires, planes are vital for releasing fire retardant, but recent research has revealed that the chemicals in these retardants contain heavy metals harmful to human health and the environment. The increasing frequency and severity of wildfires due to climate change have led to more frequent use of these toxic retardants, contributing to air pollution and potential health risks. Despite concerns, firefighting efforts continue to rely on fire retardants to protect lives and property, even as environmental groups push for stricter regulations to minimize the harmful impact on ecosystems and public health.
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Troubled Wood Group taps Rothschild for refinancing talks
Wood Group, a struggling oil services and engineering company, is in talks with advisers to refinance its heavy debt load while facing a takeover bid from Dubai-based Sidara. The company's share price has plummeted, and despite previous failed buyout attempts, Wood is working on both debt refinancing and takeover negotiations simultaneously. Analysts have expressed concerns about Wood's financial situation, with the company disclosing governance weaknesses and aiming to achieve positive free cash flow by 2026....
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