Markets
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LanzaJet and KazMunayGas advance Kazakhstan’s sustainable aviation fuel project. The venture progresses to the engineering and design phase, enhancing regional leadership in low-carbon aviation and economic development, aiming to meet Kazakhstan’s projected sustainable aviation fuel demand of 70,000 tonnes by 2030….
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Iberdrola plans €110 billion investment focusing on grid networks. Europe’s largest utility aims to enhance stability and returns by prioritising regulated grid networks over renewable generation projects. The strategy targets the US and UK, anticipating €7.6 billion annual net profit and 15,000 new jobs by 2028.
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UK employees want flexibility at work, rejecting rigid office rules. A new report from Owl Labs shows 86% demand flexible hours, with a four-day week and work-to-rule tactics becoming mainstream. The findings highlight the growing expectation for autonomy, fluid schedules, and supportive technology.
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OpenAI, Oracle and SoftBank are adding five Stargate sites. The $500 billion project now spans six U.S. states, with nearly seven gigawatts of compute capacity planned. Partners say more than $400 billion has been secured for the first phase.
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Britain will ease high-skilled worker visas to attract global talent. UK finance minister Rachel Reeves said the plan would counter new U.S. restrictions, with potential cuts to fees under review as London courts displaced workers.
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Connect Earth acquires ESG platform Datia to enhance sustainability. Connect Earth, a climate fintech firm, has acquired the ESG reporting platform Datia. This move aims to integrate emissions data with regulatory reporting, aiding financial institutions in meeting sustainability obligations across EMEA and North America….
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Amazon to close all 19 UK Amazon Fresh stores. The move endangers around 250 jobs as the company shifts focus to online sales and expands its Whole Foods brand. A consultation with employees has been initiated, with some roles possibly redeployed.
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Google faces new trial in Virginia over digital ad monopoly. The remedies phase of United States v. Google opens with prosecutors seeking a breakup of its ad exchange business and the company resisting calls for structural remedies.
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Vodafone franchisees warned of mental health impacts four years ago. A 2020 survey revealed franchisees experienced stress and anxiety after commission cuts, leading to a £120 million High Court case alleging unjust enrichment by Vodafone.
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EU aims to set 2035 emissions target before COP30 summit. The European Council has committed to establishing a 2035 emissions reduction target for the EU ahead of the COP30 climate conference, despite missing the September deadline due to unresolved disagreements among member states on key climate ambitions….