BBC’s Hall to step down ahead of crunch funding talks with Britain
The BBC’s most powerful man will step down in six months to allow a new person to lead negotiations with Prime Minister Boris Johnson’s government over a new financing model for the publicly funded broadcaster.
Oil rises as Libyan oilfields shut down
Oil prices rose to their highest in more than week on Monday after two large crude production bases in Libya began shutting down amid a military blockade, risking reducing crude flows from the OPEC member to a trickle.
Capitalism seen doing ‘more harm than good’ in global survey
A majority of people around the world believe capitalism in its current form is doing more harm than good, a survey found ahead of this week’s Davos meeting of business and political leaders.
Feel good factor keeps world stocks near record highs, oil jumps
World stocks held near record highs on Monday as generally better data and earnings bolstered sentiment, while oil prices hit their highest in over a week after two large crude production bases in Libya began shutting down following a blockade.
Japan, U.S. lead survey’s corporate climate change action ‘A List’
BT <BT,K>, Danone , Microsoft and Sony are among 178 companies with top marks in the latest global ranking of transparency and action on climate change.
China repeats call on Canada to release Huawei CFO Meng
China repeated its call on Monday for Canada to release detained Huawei Technologies Chief Financial Officer Meng Wanzhou as soon as possible, ahead of the executive’s first extradition hearing later in the day.
Oil rises to more than a week high after Libyan outage
Oil prices rose to their highest in more than week on Monday after two large crude production bases in Libya began shutting down amid a military blockade, setting the stage for crude flows from the OPEC member to be cut to a trickle.
Subaru sets mid-2030s target to sell only electric vehicles
Japan’s Subaru Corp set a target on Monday to sell only electric vehicles worldwide by the first half of the 2030s, in a move toward its long-term goal of a carbon-free society.
China calls on Canada to release Huawei executive Meng
China urged Canada on Monday to release detained Huawei Technologies executive Meng Wanzhou as soon as possible.
Climate change pushes investors to take their temperature
Move over revenue growth and dividend payouts: it’s time to take your portfolio’s temperature.