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Apple and Amazon exceed forecasts with strong revenue growth. Both tech giants reported double-digit revenue increases and optimistic outlooks, alleviating investor concerns following a turbulent period for the tech sector. Apple saw a surge in iPhone sales, while Amazon’s growth was driven by its cloud division.
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ISSB introduces initiatives to promote global sustainability reporting standards. The ISSB has expanded its Jurisdictional Working Group to facilitate cross-border adoption of its standards, offering a new guide and tool to aid jurisdictions in developing their reporting frameworks….
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Bloomberg launches tools to assess low carbon transition risks. Bloomberg introduces new tools to help investors evaluate company exposure to low carbon transition risks, as global investment in low-carbon technologies rises sharply. The tools offer insights into company strategies and climate scenarios….
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Apple expands renewable energy capacity in Europe by 650 MW. The company aims to align customer electricity usage for Apple products with renewable sources, contributing to its 2030 carbon neutrality goal by developing solar and wind projects across Europe….
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Fidelity International launches climate-focused global equity ETF. Fidelity International has introduced the Fidelity Global Equity Research Enhanced PAB UCITS ETF, targeting income and capital growth while adhering to Paris Agreement climate goals by limiting carbon emissions exposure. This fund is part of Fidelity’s Research Enhanced ETF range….
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Airport Dimensions has launched Sleepover, its formal airport sleep station brand. The concept converts unused terminal space into restful, revenue-generating pods for travellers and airports alike. Building on proven performance in Dubai and Doha, the brand now expands to new markets including Lima.
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Net Zero Asset Managers initiative resumes with updated commitments. The initiative paused in 2025 due to regulatory changes and political pressure. It now returns with revised guidelines, omitting the 2050 net zero target, to better accommodate diverse market realities….
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Microsoft’s AI outlay has unsettled investors despite strong quarterly growth. The company’s results outperformed expectations, but soaring capital expenditure underscored the rising cost of cloud infrastructure and renewed questions about how soon artificial intelligence investments will deliver returns.
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Nvidia has become the world’s first publicly traded company to cross a $5 trillion market-capitalisation mark. The milestone, driven by unprecedented demand for artificial-intelligence hardware, reflects the reshaping of global markets around AI infrastructure and raises questions about the sustainability of such concentrated growth.
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Puma said it will cut around 900 white-collar roles globally by end 2026. The German sportswear group reported double-digit sales declines and rising debt, prompting a wider restructuring under new chief executive Arthur Hoeld as it seeks to stabilise margins and reset its global distribution model.