Europe
Britain’s Labour government must ‘make up lost ground’ to hit UK climate goals: CCC
The UK’s new Labour government must urgently reinstate the net-zero plans shelved by its predecessor in order to “limit the damage” caused by Conservative policy...
Government advisers call for 81% cut in UK emissions by 2035
The British government is preparing to unveil plans for cutting emissions by 2035 under the global Paris Agreement.
Italy’s Eni sees 2.5-billion-euro net proceeds from disposals in 2025
Eni expects 2.5 billion euros in proceeds from disposals next year, following KKR's 2.9 billion euro biofuel stake purchase.
Porsche AG flags cost cuts as China weakness, slowing EV shift hits profits
Porsche AG may cut costs after a slower-than-expected transition towards electric vehicles and persisting weakness in the Chinese market.
France’s Danone cuts out Brazilian soy ahead of tough new EU rules
French food giant Danone has stopped sourcing its soy from Brazil ahead of EU regulations designed to counter deforestation.
Stellantis to start making new Lancia Gamma at Italy’s Melfi plant in 2026
Stellantis to start Lancia Gamma production in 2026 at Melfi plant, aiming to boost Italian output amid falling local production.
Portugal plans to raise share of renewables in electricity consumption to 93% by 2030
Portugal plans to raise the contribution of renewables in electricity consumption to 93% by 2030, as part of its decarbonisation push, according to...
UK court dismisses challenge to Britain’s climate change plan
London's High Court ruled the UK's new climate adaptation strategy lawful, dismissing a major challenge from environmental activists.
EU, China agree to more talks on potential alternatives to EV tariffs
The EU and China will soon hold more talks on alternatives to EV tariffs, but significant gaps remain, the EU Commission said.
Italy’s Eni to boost buyback after quarterly earnings beat expectations
Eni will increase its share buyback programme to 2 billion euros, it said on Friday, after beating third-quarter profit expectations.
