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Study shows climate change poses threat to world’s well-being

ABU DHABI / WAM As the world’s investors continue to negotiate with and navigate an increasingly complex international investment landscape and deploy capital to create a sustainable future, Mubadala Investment Company (Mubadala) is launching its Megatrends Study with Bloomberg Media, showing how climate change is a growing threat to the world and digital technologies serve as the greatest opportunity for ...

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UK offshore wind gets boost with ScottishPower’s $1.9b deal

BLOOMBERG Iberdrola SA’s ScottishPower unit signed a £1.5 billion ($1.9 billion) deal with Siemens Gamesa to supply wind turbines for an offshore project in a boost for the UK’s stalling renewable-power sector. The deal comes as the UK wind-power industry grapples with cost inflation, rising interest rates and more generous government backing in the US. Developers have warned that cost ...

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PM Modi’s BJP faces close fight in India’s swing state Karnataka

BLOOMBERG India will hold elections in the populous southern state of Karnataka in May, the results of which will indicate whether the opposition has cut into the popularity of Prime Minister Narendra Modi’s ruling party ahead of general elections next year. Winning Karnataka — the state is home to Bengaluru, India’s IT hub — would energise Rahul Gandhi’s opposition Congress ...

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