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German steelmaker SHS secures €1.7 billion for decarbonisation project. The financing will advance the Power4Steel initiative, aiming for climate-neutral steel production by 2045 with interim targets for reducing CO2 emissions by 2030….
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Oracle is forecasting $166bn in cloud sales by 2030 as it doubles down on AI. The projection, disclosed at an analyst meeting, lifted the company’s shares and outlined ambitious growth and margin targets through the decade.
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The US Chamber of Commerce has filed suit against the Trump administration. The organisation argues that President Trump’s newly imposed $100,000 H-1B visa fee exceeds executive authority and threatens to undermine American competitiveness by pricing out employers that rely on high-skilled foreign talent.
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Over 400 UK firms have been recognised for prompt payments. The Fair Payment Code aims to combat late payments costing the UK economy £11 billion annually. Businesses must demonstrate transparent payment practices to qualify for awards under the scheme.
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Most companies increased sustainability investments despite reduced stakeholder pressure. Deloitte’s survey shows 83% of companies have increased their sustainability investments, with many executives citing tangible benefits such as revenue growth and cost reductions, even as pressure from some stakeholder groups has diminished….
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Siemens and Airbus partner to decarbonise industrial sites in UK and US. The new framework agreement focuses on renewable energy integration and low-carbon heat systems. Siemens aims to reduce energy demand and emissions, supporting Airbus’ sustainability targets….
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EcoVadis launches Worker Voice Connect for workplace grievance reporting. The new digital tool enables workers to report concerns anonymously, addressing gaps in current grievance mechanisms focused more on corruption or compliance rather than human rights or working conditions….
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Longevity Partners appoints Jessica Francisco as new CEO. The consultancy, focusing on energy and sustainability, welcomes Francisco, formerly of Cushman & Wakefield, as Etienne Cadestin steps down. Cadestin will remain as Founder and Board Member, influencing strategic direction….
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Tokyo issues bonds to fund climate resilience initiatives. The Tokyo Metropolitan Government plans to raise JPY 50 billion to fund climate resilience projects. The bonds will support the TOKYO Resilience Project, focusing on adapting to and mitigating the impacts of natural disasters….
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UK regulators will shorten bonus deferrals for senior bankers. The Prudential Regulation Authority and Financial Conduct Authority will reduce the deferral period from eight to four years, aligning UK rules more closely with international standards.
