Focus on Business
Finance firms urge ambitious action on plastic pollution
A group of 160 financial companies urged governments to agree a treaty to end plastic pollution that would help spur private sector action
T. Rowe Price says Elon Musk’s 2018 Tesla pay aligned with investor interests
Mutual fund firm T. Rowe Price said Elon Musk's record-breaking 2018 pay package from Tesla "demonstrated strong alignment" with the interests of investors...
U.S. power, tech companies lament snags in meeting AI electricity needs
U.S. electrical systems are not expanding fast enough to meet rapidly growing power needs of technology like Generative AI, prompting data center businesses...
High interest rates threaten rollout of green economy: Wood Mackenzie report
A new report from global consultancy Wood Mackenzie says if high interest rates persist, it will be harder and more costly for society...
Starbucks is introducing a cold drink cup made with less plastic
The new disposable cups are set to contain up to 20% less plastic, and will be rolled out to stores in the U.S....
Spain energy minister: early to say if state will take stake in Naturgy
Abu Dhabi's TAQA is in discussions with shareholders of Naturgy, which could lead to a full takeover bid for Spain's largest natural gas...
Exclusive-Mexico, facing US pressure, will halt incentives to Chinese EV makers
Mexico's federal government is refusing to offer such incentives as low-cost public land or tax cuts for investment in EV production
Xiaomi says sales of its new EV are 3-5 times higher than expected
Xiaomi launched the vehicle late last month, entering a crowded China EV market with an attention-grabbing price tag - under $30,000 for the...
