ConocoPhillips is in advanced talks to acquire smaller rival Marathon Oil Corp. to extend the industry’s spree of deal-making, the Financial Times reported.
Air New Zealand Ltd. scrapped its 2030 climate target as the aviation sector grapples with a lack of cleaner fuels and more efficient aircraft, a rare admission of the challenges the industry is facing to decarbonize.
Major companies can bolster efforts to calculate Scope 3 emissions by helping entities across their supply chains build capacity to provide better data, according to Singapore Post Ltd.
Australia’s economy is facing headwinds from weaker growth, a decline in the value of key mining exports and the need for additional spending in some areas, Treasurer Jim Chalmers said ahead of a budget update.
Five of the so-called “Bali Nine” prisoners were returned to Australia, more than 19 years after their arrests in a drug smuggling case that periodically damaged ties with Indonesia.
China’s slowdown, weaker domestic growth and the need for additional spending in some areas are delivering headwinds for Australia’s economy, Treasurer Jim Chalmers said ahead of a budget update.
Walmart Inc., the world’s largest retailer, expects to miss short-term climate targets as issues including the availability of low-cost clean technologies slow the task of cutting emissions.
Macquarie Group Ltd., a major backer of global renewable energy and green investments, has joined banks in the US and elsewhere in quitting the finance sector’s top climate alliance.