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It’s been a remarkable 2023 for Europe’s major airlines. Travel demand has returned with a vengeance after years of Covid-related torment. Carriers across the board…
A combination of soaring demand for travel and supply chain delays saw a record-breaking backlog of airplanes on order in November, according to new aviation…
The UK’s march towards a greener future was dealt several blows over the last year, but ended with the return of optimism as 2023 came…
Oil prices have spiked and could remain elevated as companies try and find alternative cargo routes following vessel attacks in the Red Sea. International benchmark…
“The biggest climate law ever in Europe, and some say in the world,” Peter Liese, lead negotiator for the European Parliament said. In reference to…
Former BP chief executive Bernard Looney will not receive a £32.4m salary and bonuses package after “serious misconduct”. In a press release circulated this evening, the company…
London-based commodities broker Marex has filed for an initial public offering (IPO) in New York in a huge blow to the City after a drought…
Ofgem and the Department for Energy Security and Net Zero have submitted proposals to expand protection for businesses in response to the Federation of Small Businesses’ (FSB)…
Adverts for Air France, Lufthansa and Etihad have been banned for giving consumers a misleading impression of the airlines’ environmental credentials. The Google ads, all…
A British-owned ship has been hit by a missile in the Red Sea as part of an assault by Iranian-backed rebels, the US military said. The Bahamas-flagged Unity…
The Cop28 climate summit has opened in Dubai, yet it is already clear that the world is not on track to meet the climate change…
BP has bought up full control of solar power developer Lightsource BP in a move demonstrating the former’s ambitions outside of fossil fuels. The oil…
A company owned by oil and gas giant Shell has been slapped with a fine by the energy regulator Ofgem, weeks after the communications regulator…
Aircraft developer Zeroavia has secured the backing of the UK infrastructure bank in its latest fundraising round, as it looks to build hydrogen-electric engines for…
The global rush for uranium, and the consequential price spike, could pose a major headache for the UK’s nuclear power ambitions. Nuclear power currently provides…
Brent crude futures were steady on Friday as traders kept their powder dry ahead of an OPEC+ meeting that could bring agreement on further supply…
Nissan will provide a significant boost for Sunderland on Friday, with a committment to producing electric versions of two of its best selling models in…
Order books for manufacturing firms fell to their weakest level since early 2021, quashing hopes of a recovery in the sector. According to the Confederation…
Copper prices have started to gradually nudge higher on the expectation that demand from China will pick up in the future. Copper prices nudged up…
The European Commission has downgraded its forecasts for growth across the eurozone this year and next as economic activity in the bloc stumbles in the…