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...And it is the strength of the continent’s demand for renewable power, spurred by the transition away from fossil fuels, that has pushed the company to the top of this year’s FT ranking of businesses by revenue...
...This included a joint pledge to “accelerate the substitution” of fossil fuels with green energy....
...Japan’s Nikkei 225 stock index passed 40,000 points on Monday, hitting a new all-time high as ultra-loose monetary policy and a weak currency fuel bets on Asia’s largest advanced economy....
...One is energy giant TotalEnergies, where Patrick Pouyanné’s dual role is being challenged by investors wanting a faster shift away from fossil fuels....
...Nvidia’s earnings and broader enthusiasm about the potential of artificial intelligence helped to fuel a global stock market rally on Thursday. Wall Street’s S&P 500 was up 0.3 per cent on Friday....
...“You need the prime minister to be all in, you need your top public sector all in, you need all ministers and most importantly you need finance....
...The White House decision to pause permits has been slammed by fossil fuel and international business groups....
...Today’s top stories The FT revealed that leading western and Chinese artificial intelligence scientists had issued a stark warning that tackling the risks around AI requires global co-operation similar...
...The International Energy Agency estimates power demand from data centres globally could top 1,000 TWh by 2026 — double 2022 levels and an increase equivalent to Germany’s total power demand....
...Underlying profits edged up 1.6 per cent to £701mn — at the top end of analysts’ forecasts....
...Chinese consumers, especially the middle class who helped fuel the industry’s recent expansion but are also more exposed to economic pressures, are buying less as the outlook in the country deteriorates....
...Chuck Grassley, the top Republican on the Senate Budget committee, said it was “undeniable” that fossil fuels were “critical” to US energy security....
...Shares of the fourth-largest trucking company in the US soared in extended trade after it beat Wall Street expectations despite high fuel costs and “very weak demand.”...
...But top-heavy indices could be vulnerable if the biggest companies start to disappoint investors’ high expectations, Klement added....
...Equity investors have so far put £3.5mn into SGS, on top of the £5mn the company has received in public-sector grants....
...Three of the world’s top 10 oil-producing nations — the US, Canada and Brazil — have backed calls for a fossil fuel phaseout, along with 13th-placed Norway....
...People such as Sam Bankman-Fried and Changpeng Zhao are no longer the top bosses but seen as the old guard on the way out and associated with past crimes and misdemeanours....
...When the world’s top diplomats arrived in Brazil for G20 meetings earlier this year, they were greeted by a fleet of cars carrying a message of national pride: “Powered by Brazilian ethanol.”...
...Let-down Top EU and US officials are gathering in Leuven today for talks on key trade and technology issues, but critics say these meetings have lacked ambition and have led nowhere — particularly on trade...
...Rising fuel and maintenance costs could present a hurdle to further growth. But there are good reasons to believe Delta’s run can continue....
...Speakers included representatives from Brazil, Nigeria and Kenya, along with the UN’s top climate change official, Simon Stiell....
...But underlying profits edged up 1.6 per cent to £701mn — at the top end of analysts’ consensus....
...John Kerry, the top US climate diplomat and former presidential candidate, will retire in coming months, shortly ahead of a US election in November that could return Donald Trump to the White House....
...The UK should consider a range of technologies for future large-scale nuclear power plants as it seeks to revive the sector, according to the top official overseeing those efforts, casting doubt over the...
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