Not a ‘panacea’: UK lawmakers play down hydrogen’s role in net-zero shift
The lawmakers sought to temper expectations about the role hydrogen could play in slashing emissions and the transition to a net-zero economy.
Auto executives are less confident in EV adoption than they were a year ago
For the U.S., the median expectation for EV sales was 35% of the market by 2030 — down from 65% a year earlier.
Bank of Japan shocks global markets with bond yield shift
Global markets were jolted overnight after Japan unexpectedly raised the cap on 10-year Japanese government bond yields, sparking a sell-off in bonds and stocks.
New British banknotes featuring portrait of King Charles III revealed
The Bank of England released images of the first bank notes to feature the portrait of King Charles III.
British bank TSB fined £48.65 million over IT platform migration failures
British lender TSB has been fined £48.65 million ($59.07 million) over a botched IT platform migration in 2018, the FCA and the Bank of England said Tuesday.
CNBC Pro Talks: Fund manager Jeremy Gleeson on how to trade tech right now
Tune in to Pro Talks on Dec. 21 to hear the outperforming fund manager share his top stock picks.
Bill Gates: ‘Our grandchildren will grow up in a world that is dramatically worse off’ if we don’t fix climate change
In a letter published Tuesday on his personal blog, Bill Gates addresses areas he has been focusing on in the past year and what lies ahead.
Australia’s central bank considered pausing hikes at December meeting, still sees more ahead
It weighed three options at its last decision this year — hiking by 50 basis points, 25 bps or pausing, but the arguments for a 25 basis-point hike prevailed.
Nikkei 225 falls more than 2% after Bank of Japan widens yield target range, yen strengthens
Markets in the Asia-Pacific traded mostly lower as the Bank of Japan modified its yield curve control tolerance range while holding its ultra-low benchmark interest rates steady.
Former Australian Prime Minister Kevin Rudd appointed ambassador to U.S.
Rudd, who speaks fluent Mandarin, has written and spoken widely on foreign relations with China since he quit politics in 2013.
