Global
-
Frontier facilitates $31 million carbon removal agreements with Planetary. The agreements involve delivering 115,000 tons of carbon removals by 2030 using Ocean Alkalinity Enhancement, marking the largest of its kind. Buyers include Stripe, Google, and Shopify….
-
Nvidia posted record quarterly revenue but shares still fell. The chipmaker’s dominance is being tested by valuation concerns, rival competition, and escalating US–China trade tensions. Hyperscaler spending secures demand for now, but questions grow over whether Nvidia’s strength is a shield or a liability.
-
Amazon partners with nuclear firms to expand US energy capacity. The collaboration with X-Energy, KHNP, and Doosan aims to deploy advanced nuclear reactors to support data centres and AI infrastructure, potentially mobilising $50 billion in investments for over 5 GW of nuclear energy….
-
The Net-Zero Banking Alliance (NZBA) pauses activities, restructuring. Following high-profile exits, the NZBA plans to transition from a membership alliance to a new framework initiative. Members are voting on the proposal, with results expected by the end of September….
-
Virgin StartUp launches ‘Momentum’ accelerator programme to support dyslexic entrepreneurs. The programme aims to help dyslexic founders scale their businesses through workshops, mentoring, and resources. Dyslexic entrepreneurs contribute significantly to the UK economy, with many possessing skills ideal for entrepreneurship.
-
Trump’s dismissal of Fed governor Lisa Cook raises tensions. President Trump claimed to have sacked Fed governor Lisa Cook, alleging mortgage fraud. The dollar weakened, US borrowing costs rose, and a legal challenge is expected over the unprecedented move.
-
Aalo Atomics raises $100m to build nuclear plant for AI. Aalo Atomics, a US-based nuclear technology firm, has secured $100 million in Series B funding to construct its inaugural nuclear power plant, targeting the growing energy demands of AI and advancing sustainable energy solutions….
-
Blackstone to acquire Shermco for $1.6 billion. Shermco, a Texas-based electrical services provider, will be acquired by Blackstone, enhancing its focus on energy transition and electrification opportunities. The acquisition is part of Blackstone’s ongoing strategy in this sector….
-
Nearly 70% of UK businesses support mandatory sustainability reporting. A survey of 150 senior sustainability leaders indicates strong backing for mandatory disclosure, with 69% in favour. However, regulatory uncertainty and manual reporting remain significant challenges for many firms.
-
Asda partners with Lloyds for sustainability-linked finance scheme. The initiative offers UK suppliers improved financing rates based on sustainability performance, assessed by EcoVadis. It aims to enhance Asda’s supply chain resilience and align with its ESG goals.