Focus on Finance
Caribbean Development Bank chief says ‘no time to waste’ on climate action
The Caribbean Development Bank's acting president called for immediate action to fund efforts to protect the region's coastlines and population from the growing...
Senate probe urges France stop importing Russian LNG
A Senate investigating committee called Wednesday for France to stop importing Russian liquefied natural gas (LNG) and push for the fuel to face...
EV startup Fisker’s U.S. units file for bankruptcy
Electric vehicle startup Fisker, which sought Chapter 11 protection earlier this week, said its U.S. units had also filed for bankruptcy in a...
Companies setting climate transition plans up 44% in 2023, research shows
The number of companies saying they have a climate transition plan in line with the world's most ambitious goal has jumped by nearly...
Musk plans stock option grants to Tesla’s high-performers, sources say
Electric vehicle maker Tesla has previously warned of a sharp slowdown in sales.
Berkshire Hathaway boosts stake in Occidental Petroleum to nearly 29%
Billionaire Warren Buffett’s Berkshire Hathaway Inc acquired another 2.95 million shares in Occidental Petroleum, a regulatory filing showed, bringing his stake in the...
Some Colonial Pipeline owners eye stake sales at $10 billion-plus company valuation, sources say
Some of Colonial Pipeline's owners are exploring divesting their stakes, hoping they can fetch prices that would value the largest U.S. fuel transportation...
Trafigura agrees to pay $55 million to settle U.S. CFTC charges
A unit of global commodities trader Trafigura has agreed to pay a $55-million civil fine to settle U.S. Commodity Futures Trading Commission charges...
Tesla kicks off legal fight to reinstate Musk’s pay
Elon Musk, chief executive officer of SpaceX and Tesla and owner of X, won the backing of shareholders for a record compensation package....
