sustainability
Top StoriesNew COP29 Proposal Shows Wide Gap Persists on Climate Funding Deal
Top StoriesIceland Volcano Erupts for the Tenth Time in Three Years
BusinessNissan Motor Urges UK to Ease Ev Targets Amid Weak Demand
InvestingOil Majors Are Betting Big on Biofuels With Over 40 Projects by 2030, Rystad Says
Tereos Warns of More Trouble Ahead After Low Sugar Prices Cut H1 Results
Date: November 20, 2024
By Sybille de La Hamaide PARIS (Reuters) – French group Tereos, one of the world’s largest sugar makers, on Wednesday reported an 18% drop in its first-half net profit, pressured by a fall in sugar and sweeteners prices, and warned of a further decline in the second part of its fiscal year. The group’s net...
Steelworkers in Northern France Go on Strike Over Potential Plant Closures
Date: November 20, 2024
PARIS (Reuters) – French steelworkers in two northern French cities went on strike on Wednesday, the CFDT union told Reuters, following steelmaker ArcelorMittal’s warning of two potential plant closures in northern France affecting some 130 workers. The potential closures are due to problems in the European auto industry and high raw material and energy costs,...
Factbox-COP29 Climate Talks Enter Final Stretch: What Happens Next?
Date: November 20, 2024
BAKU (Reuters) – Marathon COP29 climate talks enter their final stretch on Wednesday when the Azerbaijani hosts are due to publish an update on negotiations so far as the summit seeks to agree a new goal on issues including climate finance. The talks, which began on Nov. 11, are due to end on Friday at...
UK Energy Regulator Eyes up to $10.2 Billion Fund to Aid Green Targets
Date: November 20, 2024
(Reuters) -Britain’s energy regulator Ofgem said on Wednesday it had begun consultations over a new investment fund of up to 8 billion pounds ($10.16 billion) that could help the country’s net zero prospects and aid energy transmitters to cut delays and costs. The proposed fund, worth between 5 billion pounds and 8 billion pounds, would...
Amcor to Buy Berry Global in $8.4 Billion Deal to Create Packaging Powerhouse
Date: November 20, 2024
By Sabrina Valle (Reuters) -Switzerland-based Amcor Plc on Tuesday agreed to buy U.S. peer Berry Global for $8.43 billion in an all-stock deal, creating a consumer and healthcare packaging giant with combined revenues of $24 billion. As part of the transaction, Berry’s shareholders will receive $73.59 per share, representing a premium of 9.75% to the...
Thousands of British Farmers Protest Against ‘tractor Tax’ on Inheritance
Date: November 19, 2024
By Sarah Young LONDON (Reuters) -Thousands of farmers protested at Britain’s parliament on Tuesday, some driving tractors through central London, to demand the scrapping of an inheritance tax that they say will destroy family farms and threaten food production. The measure, dubbed the tractor tax by critics and announced in the new government’s budget last...