Markets
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Honeywell UOP, Johnson Matthey, GIDARA Energy, and SAMSUNG E&C have announced the formation of an alliance aimed at developing new technology to accelerate sustainable aviation fuel (SAF) production and reduce costs. Fuel is a major contributor to emissions in the aviation sector. SAF, generally derived from sustainable resources like waste oils and agricultural residues, is…
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Nippon Steel has revealed a significant investment plan amounting to ¥870 billion (approximately £4.9 billion) to transition its steelmaking processes in Japan from traditional blast furnaces to electric arc furnace (EAF) technology. This strategic shift is part of its efforts to substantially decrease carbon emissions in steel production, a sector known for its high CO2…
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Global digital services and consulting firm Infosys has unveiled a new set of commitments under its updated sustainability strategy, “Infosys ESG Vision 2030.” This includes an ambitious goal to become carbon negative by the end of the decade, aiming to absorb more greenhouse gases than it emits. Infosys introduced its ESG Vision 2030 strategy in…
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British Airways owner IAG is set to become the latest FTSE 100 company facing a shareholder revolt over pay awards to its top execs. Influential proxy adviser ISS has urged IAG investors to vote against a remuneration policy which includes a one-off share award for CEO Luis Gallego, at the group’s next annual general meeting…
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Nintendo Switch 2 launches globally with midnight openings and record pre-orders. But will its steep game prices and limited launch titles affect long-term success? Read more: Nintendo Switch 2 launches at midnight as fans queue worldwide
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Arts leaders warn that Labour’s proposed changes to the Access to Work scheme could push disabled people out of employment. More than 2,500 sign open letter to DWP and DCMS. Read more: Labour’s Access to Work reform plans ‘risk excluding disabled people from the workforce’, say arts leaders
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Concerns mount that Tata Steel may be excluded from Keir Starmer’s proposed US-UK steel trade deal due to origin rules, potentially threatening over $100m in annual exports. Read more: Fears grow that Tata Steel could be excluded from Starmer-Trump trade deal
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HMRC confirms £47 million was stolen in a major phishing scam targeting 100,000 online accounts. Criminals posed as taxpayers to falsely claim rebates. Arrests have been made. Read more: HMRC scammers stole £47m in phishing fraud targeting 100,000 taxpayer accounts
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Dr Martens has announced a new strategic focus after a bruising year which saw the brand nearly fall into the red. It will move away from a narrow focus on boots to a much broader approach targeting shoes, sandals and bags via a strategy called “Levers for Growth”. “Our ambition is to establish Dr. Martens as the world’s…
