BUSINESS

Corporations are increasingly committed to green agendas, but a new report on Tuesday reveals that only one in 20 of over a thousand publicly listed companies have a detailed strategy for how they will reach their greenhouse gas targets.

The EU's top tech enforcer told TikTok's CEO on Monday to "spare no effort" to counter disinformation, but recognised the changes already made by the video-sharing platform.

The maker of hit videogame Fortnite, Epic Games, and Google faced off in federal court in San Francisco as a trial began over whether the internet giant wields monopoly power at its Play Store.

Telecom Italia on Sunday approved an offer by US investment fund KKR for its fixed-line network, infuriating its main shareholder which vowed to contest the "illegal" decision.

The collaboration's main purpose includes the creation of essential climate funding, the advancement of initiatives for climate change mitigation and adaptation, the promotion of sustainable development and the provision of substantial support to local communities.

Markets rallied again Monday following another strong performance on Wall Street, as below-forecast US jobs data fanned optimism that the Federal Reserve had reached the end of its interest rate hiking cycle.

Based on the post, the upcoming initiative may have something to do with Shiba Identity since it mentioned that those interested need to submit basic contact information.

Apple on Thursday reported that sales fell for the fourth consecutive quarter when compared to the prior year, but profit rose on the back iPhones and services.

Sam Bankman-Fried, the one-time cryptocurrency golden boy accused by US prosecutors of stealing billions of dollars of his customers' money, was found guilty on Thursday on all counts, and now faces up to 110 years behind bars.

The Walt Disney Company on Wednesday announced it will buy Comcast's $8.6 billion stake in Hulu, completing its takeover of the streaming service.

Embattled flexible workspace provider WeWork is in "selective default" after failing to meet conditions set by debt holders, ratings agency S&P said Wednesday.

Pope Francis on Wednesday said he would attend the crucial COP28 climate talks starting in Dubai on November 30, weeks after warning that time is running out to act on global warming.

German Finance Minister Christian Lindner on Wednesday called into question the government's aim to end coal use in Europe's largest economy by 2030.

Electric vehicle sales are surging in Jordan, a trend drivers and showrooms attribute to high petrol prices more than any concerns about air pollution and climate change.

President Joe Biden's administration on Tuesday approved a plan to build the United States' largest ever offshore wind farm, which would power hundreds of thousands of homes with clean energy.

Former crypto tycoon Sam Bankman-Fried struggled on Tuesday to explain his behavior during the last days of his FTX empire, as prosecutors shone a light on his willingness to take massive risks.

The Emirati oil boss preparing to take the helm of UN climate talks said he is stunned to hear that environmentalists suspect him of duplicity on climate change.

Did banking giant UBS make "the deal of the century" when it bought one of the world's biggest banks for a pittance as it teetered on the edge of the abyss?

World demand for oil, gas and coal is forecast to peak this decade for the first time as the use of cleaner energy and electric cars accelerates, the International Energy Agency's chief wrote Tuesday in the Financial Times.

Both countries discussed flourishing non-oil intra-trade between the UAE and the Philippines, noting that it reached $506.1 million in the first half of 2023, which is more than last year.

Chinese e-commerce giant Alibaba has announced the surprise departure of former CEO Daniel Zhang, who had been set Monday to take charge of a key subsidiary as the firm undergoes a major restructuring.

A disgraced Turkish crypto founder who fled to Albania and his two brothers have been sentenced to 11,196 years in jail each, the Anadolu state news agency reported Friday.

Apple shares fell sharply for a second straight session Thursday following reports of significant Chinese restrictions on iPhones at government offices and state-backed entities.

Philips said Thursday it had clinched a deal in the United States to settle claims related to a recall of sleep respirators that rocked the Dutch medical tech firm.

A Norway court on Wednesday rejected US tech giant Meta's request to defer a ban on behavioural marketing based on users' personal information, which has landed it a heavy fine in the country.

The 20th edition of Automechanika Dubai will also feature eight specialized product sections including parts & components, electronics & systems, accessories & customizing, tires & batteries, car wash & care, oils & lubricants, diagnostics & repair, and body & paint.

"This agreement underscores Mubadala Capital and Petrobras' shared commitment to the energy transition, and we are excited to work alongside Petrobras to create a novel, carbon-neutral, product that will speed up the transition into a sustainable future," he Chief Investment Officer and Head of Brazil at Mubadala Capital, Oscar Fahlgren said.

The head of the International Energy Agency urged the United States and China to set aside their differences and align on climate change, warning in an interview Monday that "geopolitical fractures" risked holding back the clean energy transition.

Tesla and Chinese carmakers showed off their newest electric models at the Munich auto fair on Monday, throwing down the gauntlet to their European rivals as competition in the sector intensifies.