Palm oil fraud calls for stricter import rules on biofuels
Campaigners warn that stricter rules are required to ensure that imported "used" palm oil is not virgin palm oil.…
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Redcar’s ‘Hydrogen Village’ project abandoned following local…
A plan to use hydrogen to heat homes in a village in North-East England has been canceled after months of…
OECD warns that Net Zero will cost the global economy trillions.
Net zero would shrink Britain's economy by £60bn and cause the global economy to be $3.6 trillion (£2.8 trillion)…
Coffee machine sales surge as prices of takeaway latte rise
Demand for home espresso machines has increased due to the rising cost of coffee taken away.
Alex Baldock said…
IEA: Opec+ controls only half the oil market.
Opec+ controls only half of the global oil production, as demand growth has slowed "dramatically" and US output is…
Beam Suntory sells Courvoisier Cognac to Campari
Campari will buy Courvoisier Cognac, a US-Japanese spirit group Beam Suntory. The deal is valued at $1.32bn. Global…
Carbon price falls as investors worry about ‘weak impact’ of COP28…
Carbon prices dropped to their lowest level in 14 months because traders were not convinced by the COP28 Summit…
EU leaders agree to begin accession talks with Ukraine
EU leaders agreed to start talks with Ukraine for its accession after Hungary's Prime Minister changed his mind…
Solar farm to power London offices
Workspace Group, a corporate landlord, has made an agreement with Europe's largest renewable energy generator to…
Axel Springer signs deal with OpenAI for ChatGPT to read its stories
Germany's largest news publisher, Axel Springer, has made a groundbreaking agreement with OpenAI, granting them…
Cohort, a British defence company, has seen its sales increase as a result of the…
Cohort is facing a backlog of orders worth £353.9m after a surge in demand
The rising tensions between China,…
UK ministers are unable to prove that £259bn spent on procurement was wisely spent
According to a cross-party group, the UK government was unable to prove that taxpayers received value for money on…
UK economy unexpectedly shrinks in October
According to data released just before the Bank of England’s final rate setting meeting of the year, the UK economy…
Vivendi floated a plan to split up
The French media conglomerate Vivendi has proposed splitting into three separate businesses, which would be listed…
Federal Reserve signals rate cuts for 2024, sparking a market rally
Federal Reserve chair Jay Powell sent his clearest signal yet on Wednesday that the US central bank was done with…
Subsea project to transport renewable energy from Scotland to England is awarded…
The contract for the 190km superhighway will cost £1.8bn. It is designed to transport renewable energy from…
AstraZeneca acquires US vaccine company for $1.1bn
AstraZeneca has acquired its first vaccine company for $1.1bn. This will allow the company to expand its vaccine…
Why high interest rates can be a blessing for certain British businesses
The bond markets are getting ahead of themselves by anticipating a sharp fall in the Bank Rate for next year.…