Markets
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The French energy company TotalEnergies has opened its largest cluster of solar power plants in Europe, a series of five projects located near Seville, Spain, with a total installed capacity of 263 MW. As reported by TotalEnergies, the new solar farms will generate 515 GWh annually of renewable electricity, enough to meet the needs of…
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Starbucks has unveiled a new version of its iconic takeaway white cup in Europe, marking a shift towards sustainability by replacing the plastic lining and lids with innovative materials that are home compostable and recyclable. The deployment of this new cup commences this month across ten European nations and is anticipated to reach the UK…
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The European Banking Authority (EBA), the EU banking supervisor, has announced new proposed amendments to Pillar 3 disclosure requirements for banks. These amendments focus on simplifying and clarifying ESG risk-related reporting, especially for small and medium-sized banks. The EBA stated that its new proposals are aligned with the European Commission’s initiatives to simplify sustainability reporting,…
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University of Cambridge leaders have issued a stark warning that the UK risks falling behind in the race to commercialise world-class research unless it does more to support academic spin-out companies struggling to scale. Read more: Cambridge warns UK must scale up investment to turn spin-outs into global success stories
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Former BBC executive and TV presenter Alan Yentob has died at the age of 78, his family has announced.
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The long-awaited Oasis reunion is set to deliver a remarkable £426.3m boost to London’s economy, with fans across the UK set to spend over £1bn. New data from Novuna Personal Finance found that the band’s sold-out, seven-night residency at Wembley Stadium will attract more than 630,000 fans to the capital, with each night forecast to…
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The company behind crisps brand Seabrook has warned Chancellor Rachel Reeves’ Autumn Budget tax hikes will have an impact on its bottom line this year. The Cheshire-based UK arm of Japanese giant Calbee pointed to the increase in the National Living Wage and employers’ National Insurance contributions, which came into affect in April, as key…
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FedEx has announced its first major deployment of sustainable aviation fuel (SAF) in the United States with the purchase of over three million gallons of blended SAF from Finland-based producer Neste. The fuel, blended with at least 30% neat SAF, will support FedEx’s cargo flight operations from Los Angeles International Airport (LAX) over the next…
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Dior, M&S, Co-op and Harrods are the latest victims in a growing crisis. Why retail — and what happens next?
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New SVB report reveals AI startups dominate venture funding, but warns of ‘zombiecorns’—overfunded companies with weak growth and poor unit economics. Read more: AI cash boom masks rise of ‘zombiecorns’ as funding gaps widen in startup ecosystem