- Deutsche Bank is expected to unveil a major strategy revamp in the coming days that could separate its retail and investment banking businesses, setting a fresh course in the 145-year history of Germany's biggest lender.
FRANKFURT/LONDON - The rise of renewable energy is delivering a boost to Europe's declining power market as traders get busy in short term deals to juggle unpredictable supplies of wind and solar.
NEW DELHI (Thomson Reuters Foundation) - Armed with clean energy biomass stoves, tea-sellers in India's western city of Nashik are becoming unlikely heroes in the country's battle against indoor air pollution by not only using the wood-fuelled stoves for their trade but also selling them.
WILLISTON, N.D. - Calpers, the largest American public pension fund, and nearly 60 other institutional investors will ask the U.S. Securities and Exchange Commission on Friday to require oil and natural gas companies to publish detailed analysis of the risks posed by climate change to their business models.
LONDON - Bosses from more than forty global companies called on negotiators to agree a United Nations climate change deal in Paris in December and pledged to make their own emission cuts, they said in an open letter published on Thursday.
WASHINGTON - In the first legal test of the Obama administration's plan to limit greenhouse gas emissions from power plants, two of three federal judges hearing a challenge to the regulations on Thursday expressed skepticism about weighing in before they are formally adopted.