Focus on Finance
Oil services provider Flowco seeks up to $2 billion valuation in US IPO
Flowco Holdings seeks up to $2B valuation in U.S. IPO, riding capital market rebound and bullish equity trends.
US self-driving car companies seek boost under Trump
Autonomous vehicle firms urge U.S. to lead on AV adoption, citing regulatory delays and competition from China.
Nova Scotia paper mill to be powered by wind farm with financing from federal agency
Cape Breton paper mill secures $224M federal loan for Goose Harbour wind farm, meeting 60 per cent of its power needs by 2026.
Understanding the legal implications of early decommissioning: Case studies of foreign-invested coal power plants in Asia
Complex legal frameworks and steep penalties hamper early coal shutdowns in emerging economies, endangering global climate goals.
Unloading coal exposure: Where are we and what can Chinese banks do?
To achieve climate goals, global coal use must decline sharply, and Chinese banks must drive the exit strategies.
Citigroup joins US lenders in exiting Net-Zero Banking Alliance
This move makes Citigroup the third major U.S. lender to exit the group after Wells Fargo and Goldman Sachs.
US to issue hydrogen credit rule this week, with path for nuclear, sources say
The long-awaited guidance will provide a pathway for hydrogen produced using nuclear power to access the credits, sources told Reuters.
Manitoba government questioned over push for rate freeze on electricity
Manitoba Hydro posted a net loss of $157 million in the last fiscal year and is set to end up in the red...
China’s CATL to seek Hong Kong listing
CATL plans to issue offshore H-shares and apply for a listing on the main board of the Hong Kong Stock Exchange.
US House committee targets another investor climate group
The House Judiciary Committee is probing 60 asset managers over ties to the Net Zero Asset Managers initiative, alleging antitrust violations.
