Bloomberg Global efforts to reduce wasted energy have faced a major setback in 2020, sidelining a relatively simple way of slashing emissions and hitting climate goals. That’s the conclusion from an International Energy Agency report, which recorded the weakest improvement in efficiency since 2010, as investments into technologies that can cut emissions have slowed amid the economic turmoil brought on …

Bloomberg LG Chem Ltd is voluntarily recalling some models of its home energy storage batteries in the US over concerns they could overheat and start fires. The South Korean industrial giant is working with the US Consumer Product Safety Commission on the recall after the company received reports of five fires with its battery systems that caused limited property damage …

Bloomberg Boeing Co is studying an equity sale and other ways to ease a debt burden that has soared to $61 billion this year amid the worst slump in aviation history. Adding to the financial stress, Boeing will trim output of its 787 Dreamliner to five planes a month by mid-2021, one less than previously planned, Chief Financial Officer Greg …