Tech giant’s ambition of reaching ‘net zero’ by 2030 under threat from power demands of artificial intelligence systems
Work on energy transition project in Rotterdam will be further delayed
Elon Musk’s EV company beats Wall Street estimates with its second quarter performance amid intense competition
Kisunla will carry a 20% premium price over a competitor as the company claims it requires fewer treatments
Agreement follows deal by pair to bring artificial intelligence functions to iPhone maker’s devices
Paperwork hold-ups at marine environment regulator leave Britain trailing other countries in building infrastructure
Changes to company law imposes new liabilities for those taking on the role
First-half activity boosted by companies bringing forward deals to avoid pre-election market volatility
Red Sea attacks push up costs and put pressure on profits during critical season for trade
Janet Truncale’s alternative to failed spin-off of consulting arm is criticised for lacking detail
Growing number of Mittelstand lifts bans on selling to arms industry following Russia’s invasion of Ukraine
Monthly rents outside London at a record after 7 per cent annual increase
Some clients are offloading investments fearing a tax hit from a Starmer government, wealth managers say
Incident off island of Kinmen close to the Chinese coast heightens tensions between the two sides
Chair of group set up to manage music rights will exit when $1.6bn purchase is completed
Investor returns imply that the welfare of future human beings is close to irrelevant
help.it.burns
Pfizer and BioNTech infringed pharmaceutical group’s mRNA patent, High Court in London rules
Supreme Court decision comes as anger mounts over groups discharging sewage into rivers and coastal waters
Current market is in gridlock, with governments flip-flopping on green targets
Vote follows objection from Lloyd’s of London chair to 73-storey building near site of historic insurance market
China’s battery EV makers Zeekr and Nio are catching up much faster than expected
World’s biggest asset manager attempts to balance the demands of European and US clients on decarbonisation
Federal health officials step up efforts to boost jab stockpiles in response to widening outbreak
UK-based company helped by higher interest rates as it expands customer base
Industry believes recent moves to set up factories in Europe are aimed at dodging potential crackdowns
Europe’s leading battery maker recently lost a $2bn BMW contract as it struggles to produce at scale
Also in today’s newsletter, Boeing’s ultimatum and Panama’s pledge on illegal immigration
Performance of Ken Griffin and Izzy Englander’s funds extends profitable run for best-known multi-managers
There is a strong case for improving the pensions of the existing workforce
…is it really a Lotus?
Move comes weeks after chair Johann Rupert reshuffled leadership and appointed new CEO for Swiss luxury group
Wall Street and European groups scaled back in 2023 in ‘challenging’ environment
Politicians and union leaders warn against dismantling the aircraft supplier in Northern Ireland as Airbus considers options
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