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Google and TotalEnergies signed a renewable energy PPA. Google will receive 1.5 TWh of renewable electricity from TotalEnergies’ Montpelier solar farm in Ohio to support its data centre operations, aligning with its 2030 carbon-free energy goals….
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A fifth of London’s offices will be co-working sites by 2030. Flexible office spaces currently account for 12% of the market, but new data suggests this could nearly double within five years, driven by increasing demand and landlord adaptation.
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ECB fines Spanish bank ABANCA over climate risk compliance failures. The European Central Bank has imposed penalties on ABANCA for not adhering to climate risk management requirements, marking the first such fine. The penalties follow ECB’s intensified focus on climate risks in banking….
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Salesforce launches new initiatives focused on sustainable water usage. The CRM provider’s efforts include enhancing data centre sustainability, investing in watershed resilience in Brazil and Mexico, and scaling its blue carbon initiatives to mitigate environmental impacts….
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ICMA releases new Climate Transition Bonds guidance for high-emission sectors. The guidance enables high-emission sectors to finance transition projects.
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Tesla shareholders approved a record-breaking pay plan for Elon Musk. The $1 trillion performance-based package ties his reward to growth and valuation milestones through 2035, reviving a 2018 plan struck down by a Delaware court and underscoring investor faith in his leadership despite governance concerns.
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China’s October exports fell 1.1% as U.S. tariffs dampened demand. Japan faces its first contraction in six quarters, and Washington has moved to block Nvidia’s AI chip sales to China — three fronts of tightening pressure across Asia’s trade and technology corridors.
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Trump announces new US–Uzbekistan trade and investment deal. The agreement, unveiled in Washington during a summit with Central Asian leaders, forms part of a wider US effort to deepen influence in the region’s critical industries and expand commercial links across energy, aviation, and technology.
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US justices questioned Trump’s emergency tariff powers. In a closely watched hearing, the Supreme Court appeared sceptical of claims that the president can use emergency authority to impose sweeping global tariffs, raising doubts over one of Trump’s key trade pillars.
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Forbion raises €200 million for sustainable biotech investments. The Netherlands-based venture capital firm Forbion has secured €200 million for its Forbion BioEconomy Fund I, exceeding its €150 million target. The fund focuses on biology-based industrial sustainability solutions across Europe and North America….
