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The head of UK supermajor BP paid chief executive Murray Auchincloss £8m for 2023 on the back of a better-than-expected year. Figures published by the…
China has set its sights on achieving an economic growth target of approximately 5% for the current year, a goal that some economists consider ambitious. …
A windfarm on the land owned by a disgraced former City financier and conservative party donor has been slapped with a fine for overcharging customers.…
Bitcoin surged beyond $63,000 on Wednesday, marking its highest level in over two years, fuelled by a wave of investment into new U.S. spot bitcoin…
A first electric coach service will be launched in England and Wales, as part of a three month trial led by the travel tech firm…
Major oil and gas firms are set to hold crisis talks this week to discuss concerns about Labour’s windfall tax plans for the sector. Industry…
Developing the UK’s battery storage capacity is crucial to the green transition. One of the downfalls of renewable energy, such as wind and solar, is…
Growth in the eurozone will be slower than previously expected as the bloc continues to struggle with inflationary pressures and high interest rates, according to…
Centrica, the owner of British Gas, issued a “strong 2023 financial result” today, as the company’s retail division saw a sharp jump in profits for…
Mining giant Glencore is exiting its 49 percent stake in a major nickel mine, weeks after lowering expectations for its performance in a slumping global…
UK energy supermajor Shell has projected that liquefied natural gas (LNG) will replace coal as a leading driver of Chinese and other Asian economies. According…
Bitcoin has surged past the $50,000 mark, marking its highest level since 2021. This surge highlights a significant shift in investor interest, largely attributed to…
Higher interest rates are unlikely to cause a major systemic risk but anxious investors should be wary of the continued AI-fuelled exuberance in the US…
Poorly defined objectives, an overzealous planning system and a disjointed supply chains are all reasons why the UK lags behind its peers on building major…
Investments into sustainable funds are reducing due to an increase in greenwashing and scepticism towards environment, social and governance focused investing, a new study has…
UK banks have provided bank accounts to holding companies linked to a state-backed Iranian petrochemicals company which has been under western sanctions since 2018, according…
Net profits at Ferrari exceeded €1bn (£853.7m) for the first time in its history in 2023, the Italian supercar maker’s chief executive has announced. In…
A leading London activist investor group is pressuring oil giant BP to ditch renewable energy and maintain its fossil fuel operations for shareholders, reports suggest.…
The catastrophe bond market may sound like some kind of risky punt against the wind, but betting on the weather can prove a sound investment,…
The Asian Energy Impact trust is seeking to restore its London listing after publishing delayed annual and interim results, following months of controversy around the…