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...In a statement on Wednesday, TikTok said it remained “committed to reaching an equitable agreement” with Universal but was in the process of carrying out the music company’s requirement to remove all songs...
...Countries have reached a “historic” agreement to transition away from all fossil fuels to reach net zero emissions globally by 2050 for the first time, at the COP28 climate summit in Dubai....
...But executives are optimistic about the transition Despite expecting a slower transition to net zero, executives remain optimistic about the transition, particularly those from the Middle East, Asia-Pacific...
...One of the received tenets of the energy transition was that there was no trade-off between green investing and making money....
...Fitch Ratings cut its outlook on China’s long-term credit rating to negative on Wednesday, citing uncertain prospects for the economy as the country transitions from its property-led growth model....
...Countries at the COP28 climate summit have for the first time reached a deal to transition away from fossil fuels in an attempt to reach global net zero emissions by 2050....
...This raises the worry that European and US carmakers will be unable to make an EV transition profitably and will be overtaken by Asian rivals....
...“LNG is part of the energy transition,” he added, arguing that renewable sources of energy could not be scaled up quickly enough to remove gas from the energy mix....
...He added that Adnoc was “committed to enabling a lower-carbon future and a just, orderly and equitable energy transition”....
...He has called 2024 a “transition year” and promised to restore profit and margin growth....
...down more quickly than scheduled “while supporting an equitable, inclusive transition” through the Just Energy Transition Partnership....
...“This energy transition is starting to expose some weaknesses in that kind of complacent attitude.”...
...That requires a large customer base, hence Tesla’s transition from high-end, six-figure vehicles to more affordable models and deals with Uber and Hertz....
...“We view Tesla’s shift as thesis-changing, and worry the stock will need to undergo a potentially painful transition in ownership base,” said Deutsche Bank analyst Emmanuel Rosner, who downgraded the stock...
...“We are forming views around what we think are the most likely areas of strong returns, to support that transition.”...
...story of Sweden’s welfare state alongside tech disruption, Lee builds up a picture of the many cross-cutting cultures, incentives and institutions that need to be nurtured to get a top-level, and more equitable...
...Sistani knows such a transition takes time which she may not have....
...He added: “I’m comfortable and confident that we’ll be able to manage the monetisation transition here well.” Other companies are joining the spending spree on AI....
...Even as global temperatures smash through record highs, the oil industry is claiming the world can’t afford the rapid transition from fossil fuels to cleaner energy....
...During this transition, automakers able to build a balanced portfolio of electric, gasoline, and hybrid offerings will outperform their peers. june.yoon@ft.com...
...“The end state of this project, after the transitions of assets in the coming months, will lead to broadly a 50-50 asset split for depositary and administration between State Street and BNY Mellon based...
...“There is no place for deep-sea mining on the path to a more sustainable, equitable future,” he states....
...Citing his trips to 17 countries last year, Fink wrote global politicians and businesspeople increasingly planned to invest in both oil and gas for energy security and green power for the energy transition...
...They said Origin should be able to fund its energy transition as an independent company....
...The latter phrasing would have implied no need to transition away from fossil fuels, provided you use carbon capture technology....
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