Macro

Fibenol to invest €700m in Latvia biorefinery

Estonia-based Fibenol has signed a memorandum of understanding (MOU) with the ministries of economy, agriculture, climate and energy and the…

TikTok and the Telegraph: why are governments banning foreign takeovers?

The UK government has quashed RedBird IMI’s UAE-backed $600m takeover of Telegraph Media Group, with Prime Minister Rishi Sunak on…

Is Mexico’s 55% energy market nationalisation an anti-business move?

Mexico’s government has consolidated its control over more than half of the country’s power industry following state utility Comision Federal…

Explainer: how China is quietly becoming a green energy powerhouse

China is the world’s largest greenhouse gas emitter, but it has also quietly been transforming itself into a world leader…

McDonald’s revenue miss lays bare impact of Middle East conflict

McDonald’s yesterday (5 February) reported its first revenue miss in three years, with sales in the Middle East faltering as…

How sovereign wealth funds are affecting industries and macroeconomics

With the huge amount of capital that Sovereign wealth funds (SWFs) command, their role is becoming increasingly important both in…

COP28 podcast: max 1.5°C temperature rise limit now ‘not possible’

Efforts to tackle climate change should begin to focus on limiting and bringing down as quickly as possible the inevitable…

TotalEnergies to build 216MW solar plant in South Africa

French energy company TotalEnergies has announced plans to build a hybrid renewables project in South Africa. The new project will…

“17 hours” to save climate conference as UAE publishes new COP28 outcome

DUBAI - Activists, climate-vulnerable nations and climate diplomacy experts have decried a new draft of the COP28 Global Stocktake, published…

Germany’s COP28 message is undermined by its domestic climate action crisis

On Saturday 2 December, on the third day of the COP28 climate summit in Dubai, German Chancellor Olaf Scholz told…

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