Focus on Business
Companies are still committing to net-zero emissions, even if it’s a bumpy road — here’s what the data show
The path to net-zero is challenging, but growing global corporate commitments and regional action show progress is advancing.
Goldman funds to take $900 million hit on Northvolt: Financial Times report
Funds managed by Goldman Sachs, which together ranked as the second-largest shareholders in Northvolt, will write off nearly $900M by year's end.
Adani Energy Solutions says no material impact from Kenya energy deal cancellation
Adani Energy Solutions says Kenya's cancellation of a $736M transmission line project did not require regulatory disclosure under Indian stock exchange rules.
Finance deal remains elusive at COP29 as UN climate talks stretch into overtime
COP29 'torturous' talks stretch into overtime as countries struggle to break a climate finance deadlock.
EU, China close to agreement over EV import tariffs, leading MEP says
EU and China near deal to end EV tariff row, with Beijing potentially setting minimum prices for e-cars to address subsidy concerns.
Northvolt crisis may be make or break for Europe’s EV battery ambitions
Northvolt’s bankruptcy highlights Europe’s struggle to build a battery industry amid Chinese dominance and slowing EV demand.
Adanis knew of US probe when they sold bribe-linked assets to TotalEnergies, prosecutors say
Gautam and Sagar Adani sold a solar park stake to TotalEnergies despite U.S. bribery probe allegations, prosecutors claim.
Gap between national targets and market realities threatens climate goals: Ember
Ember: Governments should close critical gap between the rapid growth of renewable energy markets and stagnant national climate targets.
New U.S. sanctions probably spell end of EU energy payments through Russia’s Gazprombank
"EU payments for energy resources through Gazprombank will likely become impossible at the end of 2024," analysts say.
Hyundai recalls over 145,000 electrified US vehicles on loss of drive power
Hyundai dealers will inspect, replace and update the software on impacted parts and its fuse for free.
