Bloomberg Nest Corp., the UK’s biggest pension fund by members, will invest $347 million in renewable energy through a partnership with investment manager Octopus Renewables. Nest’s managers are looking to diversify fund’s holdings and support transition towards clean energy. It’s part of a growing wave of investment by institutional investors into renewable energy assets. “The energy transition will require a …

Bloomberg Australia’s government will subsidise 800,000 half-price air fares as part of a A$1.2 billion ($920 million) package to prop up the nation’s ailing tourism industry. To run from April 1 to July 31, the discounted fares are designed to help tourism-dependent regions and should support airlines, hotels and hospitality venues, Prime Minister Scott Morrison said in a statement. The …

Bloomberg Amazon.com Inc. has been ordered to close a facility outside Toronto for two weeks as public health officials worry about rising Covid-19 cases inside the complex. While the rate of Covid-19 infection has been falling in the Peel region in the past few weeks, the rate inside the Brampton, Ontario, fulfillment center “has been increasing significantly,” the local health …