Focus on Business
US labor board judge rules Exxon’s Texas refinery union lockout was legal
Exxon Mobil's 10-month lockout of 600 union workers at its Beaumont refinery was ruled legal by an NLRB judge, sparking appeals.
Tax rise for North Sea oil and gas could ‘kill goose that lays the golden egg’
Raising tax on North Sea oil and gas profits could “kill the goose that lays the golden egg” and threaten the transition to...
Exxon lobbyist investigated over hack-and-leak of environmentalist emails, sources say
The operation involved mercenary hackers who successfully breached the email accounts of environmental activists and others, sources said.
BNP Paribas’ fund arm to exclude new oil and gas bonds
BNP Paribas AM to halt investment in new bonds of oil and gas firms, urging transitions to sustainable energy models.
Stellantis to halt production in Turin in December due to weak demand for Fiat 500 EV
Stellantis to halt Mirafiori plant in Turin from Dec. 2-Jan. 5 due to weak sales of EVs, including Fiat 500e.
BlackRock, Vanguard, State Street sued by Republican states over climate push
Wednesday's complaint filed in the federal court in Tyler, Texas, is among the highest profile lawsuits targeting efforts to promote ESG.
UK minister warns of ‘challenges’ for car makers on top of Luton plant closure
The minister said carmakers face global challenges transitioning to EVs, as UK's ZEV mandates and plant closures intensify.
Government-backed review to explore sustainability benefits for small businesses
A government-backed review has been launched to help small UK businesses boost profits through sustainability.
‘Climate Impact Auctions’ a results-driven approach to climate finance
What if climate finance could make a bigger impact with fewer resources? This IRPP report proposes a results-based finance model.
Pony AI fetches $5.25 billion valuation as shares jump 15% in Nasdaq debut
Pony AI announced raising $260M in its U.S. IPO, valuing the China-based robotaxi firm at about $4.55B.
