News
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Apollo and RWE form joint venture for German grid expansion. Apollo commits €3.2 billion to fund investments in Germany’s transmission grid expansion through a joint venture with RWE. The venture will support Amprion’s infrastructure growth, aligning with energy transition goals….
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Gold prices reach record highs amid US interest rate hopes. Investors are optimistic about a potential US interest rate cut, driving gold to new heights. The metal reached $3,616, buoyed by economic uncertainty and political tensions in the US.
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Meldora launches as a sustainable agriculture platform in Australia. The initiative, supported by La Caisse and CEFC with a AUD$250 million investment, aims to generate Australian carbon credits and has secured Rio Tinto as a foundational partner….
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Nominations are open for Bold Woman Award by Veuve Clicquot. Now in its 54th year, the prestigious award recognises exceptional female founders and business leaders who embody the pioneering legacy of Madame Clicquot. Two awards — Bold Woman and Bold Future — will be presented in London in 2026.
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Swiss Re withdraws from SBTi validation for climate targets. The Zurich-based insurance giant maintains its commitment to achieving net zero greenhouse gas emissions by 2050, despite stepping back from the Science Based Targets initiative and facing potential antitrust concerns raised by U.S. political figures….
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UK employers are tightening pay offers amid growing fiscal pressure. Median pay settlements fell to 3.0 per cent in the three months to July — the lowest since December 2021 — with just 9 per cent of employers awarding 4 per cent or more. Labour market cooling and tax concerns are driving caution ahead of…
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Peter Kyle launches dual-front trade push with Washington, then Beijing. New Business Secretary Peter Kyle has opened his tenure with back-to-back international trade missions, beginning with US tech talks and continuing in China for the UK’s first JETCO meeting since 2019 — a symbolic reset in Labour’s global economic strategy.
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Marks & Spencer urges government to rethink farm inheritance tax. The retailer warns of adverse impacts on rural communities and food security. It seeks support from the new environment secretary amid concerns over proposed changes to tax reliefs for farms.
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UK MPs urge prioritisation of delayed Audit Reform Bill. A cross-party group of 66 MPs and Lords has called on the Prime Minister to prioritise the Audit Reform and Corporate Governance Bill, citing its importance after recent corporate failures. The legislation has been stalled since being reintroduced.
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Akaysha Energy secures A$300 million corporate debt facility. The Australian battery storage developer will use the funds to advance its projects in Australia, the U.S., Japan, and Germany, aiming to enhance energy storage capabilities crucial for the clean energy transition….