Focus on Business
NextEra beats Q3 profit estimates on renewables strength
NextEra Energy's third-quarter profit beat Wall Street estimates on Wednesday, helped by strength in its renewables unit.
Analysis: Sibanye’s Montana woes underscore miners’ growing reliance on Washington
U.S. mining's future hinges on government support amid foreign competition, as shown by Sibanye’s Montana layoffs.
Global regulators quiz banks amid climate-risk tussle, sources say
Global banking regulators are probing banks' climate risk management practices, seeking consensus amid varied approaches.
Tesla to sell home battery system in Japan through Yamada chain, Nikkei reports
Tesla, the EV giant, aims to speed up distribution of its home battery system in Japan by partnering with Yamada Holdings.
Carbon removal industry calls on U.S. government for regulation in new industry report
The unregulated carbon removal industry urges U.S. standards to improve transparency amid billions in new funding.
A patchwork of progress on climate at Canada’s life insurance giants: report
Canada’s top life insurers face slow progress in reducing $90B fossil fuel investments, despite net-zero commitments.
Finance guide could spur extra $200 billion for sustainable development, JPMorgan says
A JPMorgan executive says a new finance guide could unlock an extra $200B annually for projects with positive social or environmental impact.
Saudi Arabian economic growth to accelerate in 2025 as oil taps open
Economic growth in Saudi Arabia will accelerate next year thanks to higher oil output after two years of modest performance.
Volvo Cars cuts full-year growth outlook on EV slowdown
Volvo Cars beat Q3 profit expectations but cut its full-year sales growth forecast amid a premium market slowdown.
Eletrobras, Ocean Winds agree to assess offshore wind projects in Brazil
Brazilian power firm Eletrobras signs MoU with Ocean Winds to study the development of offshore wind farms in Brazil.
