BLOOMBERG The Bank of England (BOE) plans to cut spending on climate change work and redirect the money to core functions because of rising pressures on its costs. Climate programs will slip lower on the central bank’s agenda so officials can focus more on the core operations such as financial stability, markets and a digital currency, according to a person …

BLOOMBERG Haruhiko Kuroda finished his last meeting at the helm of the Bank of Japan (BOJ) by buffeting markets again with a straightforward stand-pat that contrasted with the explosive launch of his massive stimulus program a decade ago. The BOJ left its negative interest rate and its cap on government debt yields untouched at the shortest regular meeting during Kuroda’s …

ABU DHABI / WAM The Emirates Nuclear Energy Corporation (Enec) is showcasing the vital role that “Net Zero Nuclear Energy” is playing in tackling climate change and rapidly decarbonising the power sector in the UAE, at CERAWeek, the world’s premier energy conference in Houston, US. With more than 7,600 delegates this year, CERAWeek is highlighting how electrification is a key …