According to Reuters, the Indian state of Maharashtra will offer additional incentives to companies such as Amazon.com Inc and Uber to completely electrify their delivery trucks ahead of a 2025 target for better air quality.   Maharashtra, one of the wealthiest...

The Sabine Pass LNG liquefaction project's sixth production line has been completed and commissioned, according to U.S. Cheniere Energy Inc., the country's largest LNG producer. "On February 4, 2022, Cheniere Energy Partners, L.P., a subsidiary of Cheniere Energy, Inc., stated that the Sabine Pass...

According to a study of 25 businesses, many of the biggest companies are failing to fulfill their own climate change targets.   According to the New Climate Institute report, the companies in question frequently misrepresent or misreport their success on a regular basis.   According...

Toshiba Corp said it now plans to split into two firms rather than three, and it also announced a significant increase in projected shareholder distributions in a bid to pacify enraged shareholders.   Foreign hedge funds, many of which have been opposed to any form of separation and would...

Collapse of shares of Meta (Facebook) became the largest one-day drop in the value of a company in the history of the U.S. stock market. The collapse of Meta (formerly Facebook) stock by more than 25 percent on Thursday, Feb. 2, was the largest single-day drop in the company's market value in the...

International diamond corporation De Beers almost doubled its diamond sales in the first business cycle this year (from January 17 to February 1) from the previous cycle to $660 million, according to preliminary company figures. The previous, tenth business cycle of 2021 lasted from December 6 to...

American holding company Alphabet Inc, which owns Google, increased net profit by 1.8 times in 2021 compared to the previous year - up to 76.033 billion dollars, the holding company said in a release. Diluted earnings per class A, B and C shares were $112.2 at the end of the reporting period,...

Forbes richest crypto-billionaire Sam Bankman-Fried's cryptocurrency exchange FTX has increased its valuation to $32bn, a valuation it received in a new $400m funding round. FTX has raised almost $2bn in the last six months. FTX Trading, owner and operator of cryptocurrency exchange FTX.com, has...

Vodafone is partnering with Intel Corp. and other silicon manufacturers to develop its own chip architecture for the fledgling OpenRAN network technology, with the goal of weakening incumbent telecoms equipment suppliers' grip.   OpenRAN allows operators to mix and match providers in their...