Bloomberg The world over, one mainstream fuel — diesel — has managed to remain a decent profit centre for the oil refining industry at large as the novel coronavirus ravages economies and their wider demand for petroleum products. Diesel has risen in value relative to crude in recent weeks due to a combination of continued industrial usage and purchasing of ...

Bloomberg Harris Associates, a multibillion-dollar asset manager that has touted responsible investing, agreed to enact a series of investor-driven measures after it was disclosed that one of its top managers helped fund groups that question the consensus on climate change. Brunel Pension Partnership, one of Britain’s largest retirement pools, said it looked into Harris’s investment practices following a report by ...

Bloomberg Airlines’ carbon emissions could drop by more than one-third this year as travel demand sinks, a trend that could continue as businesses reassess their need to fly, according to the Australia Institute. The industry’s carbon-dioxide emissions between February 1 and March 19 fell by more than 10 million tons from the same period a year ago as airlines scrapped ...