KEY POINTSWednesday’s verdict can be appealed and taken to the EU’s highest court.This is not the first time that the EU’s General Court has ruled on an antirust case brought by the European Commission and directed at a tech giant.The European Union is currently discussing how to toughen its rulebookContinue Reading

Sydney Airport has agreed to accept A $ 23.6 billion (£ 13 billion; $ 17.5 billion) takeover offer from a group of investors. If completed, the deal will be one of the largest acquisitions ever in Australia. The deal came after the Sydney Aviation Alliance (SAA) raised its offer inContinue Reading

Tesla billionaire Elon Musk launched a Twitter poll of his 62.6 million followers asking if he should sell 10% of his shares. The vote, which closes later on Sunday, could see him sell off $ 21 billion (£ 16 billion) of shares in the electric carmaker. He promised to respectContinue Reading

For years at global climate talks, developing countries have said that they need more financial help from wealthy nations to speed up their shift away from fossil fuels. Now the world is about to get a major test of how that might work in practice. At the Glasgow climate summitContinue Reading

For years at global climate talks, developing countries have said that they need more financial help from wealthy nations to speed up their shift away from fossil fuels. Now the world is about to get a major test of how that might work in practice. At the Glasgow climate summitContinue Reading

The United States vowed at the Glasgow summit to start providing $3 billion each year, by 2024, to help developing countries adapt to climate change. The Biden administration called it “the largest U.S. commitment ever made to reduce climate impacts on those most vulnerable” worldwide, assuming that Mr. Biden canContinue Reading

John Kerry, President Biden’s special envoy on climate change, said he expected new financial commitments to fulfill a long-delayed promise to provide $100 billion a year in aid for developing countries to fight and adapt to global warming. The latest diplomatic effort, led by Germany and Canada, aims to pullContinue Reading

Jeff Bezos, one of the richest humans on the planet, and who started his financial empire by selling books online, pledged $2 billion to restoring natural habitats and transforming food systems at the climate summit in Glasgow on Tuesday. Speaking at a conference where President Biden and other leaders announcedContinue Reading