Focus on Business
Rich nations must double climate finance from taxpayers’ money by 2030 – experts
Currently, around $43 billion per year is flowing from developed to developing countries, according to a new analysis.
Trump pick Rubio could harden oil sanctions on Iran, Venezuela
Trump’s appointment of Rubio as secretary of state signals stricter oil sanctions on Iran and Venezuela, tempered by China concerns.
Tech’s green wave hits choppy waters
Tech’s pursuit of sustainable energy solutions is captivating, but experts warn these ambitions may mislead without real change.
India’s Adani Group to invest $10 billion in US energy following Trump win
Gautam Adani announced the investment, with no specific timeline, while congratulating U.S. President-elect Donald Trump on his election win.
Equinor to report Greenpeace to police after protest at CEO’s home
Equinor will report the group after it protested at the home of its CEO by dumping debris from recent floods in Brazil in...
Suncor to return all excess cash to shareholders after hitting debt target early
Suncor Energy, achieving record oil production and debt reduction, will return 100 per cent of excess funds to shareholders via dividends.
Offshore wind cable maker Nexans says it might turn US plant into export hub
Nexans may turn its U.S. plant into an export hub to Europe if Trump’s policies challenge U.S. offshore wind projects.
IMF urged to cash in on gold price to help poor countries hit by climate change
IMF should sell 4% of its gold for debt relief to low-income countries hit by climate disasters, says study.
Rivian shares surge on $5.8 billion Volkswagen investment in JV
Rivian and Volkswagen's joint venture will integrate advanced electrical infrastructure and software for both companies' future EVs.
