sustainability
BusinessLamborghini Delays First Ev Launch to 2029 as Market Not Ready
InvestingBp, ADNOC’s Xrg Agree Egypt Gas Jv Arcius Energy
BusinessFrance-UK Electrical Interconnector Suspension Extended, Operator Says
FinanceBudgeting Best Practices for Non-Profit Organizations: A Strategic Approach to Financial Sustainability
Greece Offers New Round of Power Bill Subsidies for Households
Date: December 13, 2024
ATHENS (Reuters) – Greece announced a new round of power bill subsidies on Friday to help households grappling with rising electricity costs in December. Greece spent nearly 10 billion euros ($10.58 billion) in power bill subsidies for households and businesses in the 2021-23 period, the biggest amount an EU country has disbursed on such subsidies...
Britain’s Guardian Sells the Observer Newspaper to Tortoise Media
Date: December 13, 2024
By Paul Sandle LONDON (Reuters) -Britain’s Guardian said on Friday it had agreed to sell The Observer to startup Tortoise Media, which sought to overcome staff opposition by pledging to revive the world’s oldest Sunday newspaper as a strong voice in liberal journalism. Tortoise, founded five years ago by ex-BBC News boss James Harding to...
Rattled by China, West Scrambles to Rejig Critical Minerals Supply Chains
Date: December 6, 2024
By Amy Lv, Divya Rajagopal and Ernest Scheyder BEIJING/TORONTO/LONDON (Reuters) – China’s trade restrictions on strategic minerals are starting to hit Western companies where it hurts. Blaming Beijing’s curbs on antimony exports announced in August, German chemicals and consumer goods heavyweight Henkel told customers last month it had declared force majeure and suspended deliveries of...
Stellantis, Zeta Energy Agree to Jointly Develop Lithium-Sulfur Ev Batteries
Date: December 6, 2024
MILAN (Reuters) – Stellantis has signed an agreement with U.S.-based Zeta Energy to develop cheap lithium-sulfur batteries for electric vehicles, with an aim to use them by 2030, the two companies said on Thursday. With battery costs significantly impacting EV prices, automakers are seeking to develop alternative technologies to the vehicles more affordable. Unlike traditional...
M&s Can Tear Down Flagship Marble Arch Store, Says UK Government
Date: December 6, 2024
By James Davey LONDON (Reuters) – British retailer Marks & Spencer can demolish and rebuild its flagship Marble Arch store in central London, the Ministry of Housing, Communities and Local Government said on Thursday, ending a three-year planning battle over the site. The fate of the Art Deco site, made up of three separate buildings,...
Macquarie-Backed Offshore Wind Developer Corio Starts Job Cuts
Date: December 6, 2024
(Reuters) – Corio Generation, the UK-based offshore wind developer backed by Australia’s Macquarie Group, plans to cut a small number of jobs roles, a company spokesperson told Reuters on Thursday. Ballooning costs due to technical and supply chain problems and high interest rates has had many offshore wind sector companies review investments or undertake restructurings....