Air conditioning companies’ sustainable designs face high costs

[ad_1] DUBAI, Dec 5 – When temperatures climbed north of 40 degrees Celsius (104 degrees Fahrenheit) in Seville during this summer’s crushing heatwave in Europe, air conditioning use jumped 23%…

UniCredit CEO Orcel’s ‘bank of Europe’ ambition tough to realise

[ad_1] Shares have risen 190% since CEO took over Discount to book value more than halved Strong currency for M&A but deals hard to pursue MILAN, Nov 14 (Reuters) –…

North American airlines bet on Asia to drive profit

[ad_1] MONTREAL/CHICAGO, Nov 13 (Reuters) – The return of North American flights to Asia-Pacific is accelerating heading in to 2024, as carriers bet on the region as the next source…

Loans linked to ESG face overhaul by under-pressure banks

[ad_1] Sustainability-linked loans criticised for weak targets Once-booming SLL volumes down 36% in 2023 – LSEG data Banks introduce penalties, new clauses to loans Balancing tougher standards with not scaring…

Renault’s Ampere ambitions tested by choppy IPO, slow EV markets -sources

[ad_1] The logo of Renault is seen at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 15, 2023. REUTERS/Gonzalo…

The battery test race to work out what used EVs are really worth

[ad_1] LONDON/DETROIT, Oct 23 (Reuters) – A race is on to certify battery health and performance in used electric vehicles, with a clutch of startups scrambling to help buyers figure…

Big Tobacco turns to rooibos tea to counter upcoming ban

[ad_1] LONDON, Oct 16 (Reuters) – Big Tobacco firms including British American Tobacco (BATS.L) are selling heat sticks made from nicotine-infused substances such as rooibos tea, countering an incoming European…

Birkenstock the latest shoe to drop in a tough IPO market

[ad_1] 250-year-old company to list in New York next week Sandal maker has broadened range to clogs and boots Company backed by LVMH-affiliated private equity firm Oct 5 (Reuters) –…

Novo Nordisk’s Wegovy bonanza looms large in Denmark

[ad_1] COPENHAGEN, Oct 5 (Reuters) – The whirlwind success of weight-loss treatment Wegovy is providing a bonanza not just for its developer, Novo Nordisk (NOVOb.CO), but also for its home…

China’s BYD rides on partnerships to expand EV sales in Southeast Asia

[ad_1] BANGKOK/JAKARTA, Sept 19 (Reuters) – China’s electric vehicle giant BYD (002594.SZ) has been on a tear in Southeast Asia, shooting past rivals including Tesla (TSLA.O) to take more than…