China cuts “carbon intensity” 18.8% in past five years, in effort to rein in...
China, the world’s biggest emitter of greenhouse gases, succeeded in lowering “carbon intensity” by 18.8% in the five years through 2020, a Ministry of Ecology and Environment (MEE) report...
S&P 500, Nasdaq set to bounce back after rout
Futures tracking the S&P 500 were subdued on Friday following a sharp pullback on Wall Street as tech-related stocks rebounded but sentiment remained fragile, with U.S. bond yields at...
Asian markets roiled by global bond whiplash
Asian stocks fell by the most in nine months on Friday as a rout in global bond markets sent yields flying and spooked investors amid fears the heavy losses...
Oil hovers near 13-month highs as storm hits U.S. output, Fed assures rates staying...
Oil prices extended gains for a fourth session on Thursday to reach the highest levels in more than 13 months, underpinned by an assurance that U.S. interest rates will...
Bitcoin collector MicroStrategy fills its wallet with another $1 billion
Major bitcoin corporate backer MicroStrategy Inc said on Wednesday it bought another 19,452 bitcoin, worth around $1.03 billion, swelling its holdings of the cryptocurrency and sending the company’s shares...
Goldman Sachs-backed ReNew Power to go public in $8 billion U.S. blank-check deal
India’s largest renewable energy firm ReNew Power said on Wednesday it would go public through an $8 billion merger with a blank-check firm in the biggest deal in the...
Airlines, renewables companies push Biden to make air travel greener
U.S airlines and renewables companies are lobbying the Biden administration to back a big increase in subsidies for lower-carbon aviation fuel, arguing new incentives are needed to help fight...
Eni to grow green footprint in Spain after buying three solar plants
Italian energy group Eni has agreed to buy three solar power projects in Spain from renewable energy developer X–Elio as part of plans to expand its green business.
Ford to switch to all-electric car range in Europe by 2030
Ford Motor Co on Wednesday said its car lineup in Europe will be all-electric by 2030 as the U.S. automaker races to get ahead of CO2 emissions targets and...
Oil prices climb as deep freeze shuts U.S. oil wells, curbs refineries
Oil prices rose on Tuesday as a cold front shut wells and refineries in Texas, the biggest crude producing state in the United States, the world’s biggest oil producer.
